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The Effects of Financial Liberalization on Economic Growth (MENA Region Countries) (in Persian)

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  • Mojtahed, Ahmad

    (Iran)

  • Ahmadian, Azam

    (Iran)

Abstract

This paper evaluates the effects of financial liberalization on economic growth and volatility of macroeconomic variable¡ from 1996 to 2007¡ for a sample of 10 countries In this Connection¡ particular attention is given to effects on the MENA countries: Egypt¡ Arab Rep¡ Iran¡ Islamic Rep¡ Jordan¡ Kuwait¡ Malta¡ Morocco¡ Oman¡ Saudi Arabia¡ and Syrian Arab republic & tunisia.In This Study we used the Hernan Rincon (2007) model and Panel data Method.The finding shows that financial liberalization spurs growth and total investment¡ but has a negative influence on consumption.

Suggested Citation

  • Mojtahed, Ahmad & Ahmadian, Azam, 2010. "The Effects of Financial Liberalization on Economic Growth (MENA Region Countries) (in Persian)," Journal of Monetary and Banking Research (فصلنامه پژوهش‌های پولی-بانکی), Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 1(2), pages 101-116, March.
    • Handle: RePEc:mbr:jmbres:v:1:y:2010:i:2:p:101-116
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