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Growth in the Middle East and North Africa

  • Dalia Hakura

This paper analyzes the weak growth performance in the Middle East and North Africa (MENA) region during 1980-2000 using an empirical model of long-run growth. The relative importance of the factors affecting growth is shown to vary across 16 MENA countries. In GCC countries, where oil revenues are significant, large governments appear to have been a key factor stifling private-sector growth and impeding diversification. In other MENA countries poor institutional quality has held back growth. Political instability is also shown to have played a role. While the MENA region's growth differential with east Asia is explained well in the 1980s, this is less so in the 1990s.

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Paper provided by International Monetary Fund in its series IMF Working Papers with number 04/56.

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Length: 37
Date of creation: 01 Apr 2004
Date of revision:
Handle: RePEc:imf:imfwpa:04/56
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  1. Easterly, W & Levine, R, 1996. "Africa's Growth Tragedy : Policies and Ethnic Divisions," Papers 536, Harvard - Institute for International Development.
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  12. Bloom, David E & Williamson, Jeffrey G, 1998. "Demographic Transitions and Economic Miracles in Emerging Asia," World Bank Economic Review, World Bank Group, vol. 12(3), pages 419-55, September.
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  16. Patricia Alonso-Gamo, 1997. "Globalization and Growth Prospect in Arab Countries," IMF Working Papers 97/125, International Monetary Fund.
  17. repec:imf:imfwpa:02/145 is not listed on IDEAS
  18. Easterly, William & Kremer, Michael & Pritchett, Lant & Summers, Lawrence H., 1993. "Good policy or good luck?: Country growth performance and temporary shocks," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 459-483, December.
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  20. Mauro, Paolo, 1995. "Corruption and Growth," The Quarterly Journal of Economics, MIT Press, vol. 110(3), pages 681-712, August.
  21. repec:imf:imfwpa:00/110 is not listed on IDEAS
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