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The Impact of Governance on Economic Growth and Human Development During Crisis in Middle East and North Africa

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  • Eman Hashem

Abstract

The aim of this paper is to determine the impact of governance on economic growth and human development in MENA countries. And whether the financial crisis affects the relationship between governance and Economic growth. So, this paper is based on data of 20 countries during the period (1996-2017) we used panel data (longitudinal data) which combines cross sectional data and time series data by applying the three longitudinal data model- pooled regression model, fixed effect model and random effect model. This paper found that there is no relationship between governance and economic growth in MENA countries and no impact of the global financial crisis in 2008 on the relationship between governance and economic growth. Also, the paper found that there is a significant relationship between governance and human development.

Suggested Citation

  • Eman Hashem, 2019. "The Impact of Governance on Economic Growth and Human Development During Crisis in Middle East and North Africa," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 11(8), pages 1-61, August.
    • Handle: RePEc:ibn:ijefaa:v:11:y:2019:i:8:p:61
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    References listed on IDEAS

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    1. Alesina, Alberto & Özler, Sule & Roubini, Nouriel & Swagel, Phillip, 1996. "Political Instability and Economic Growth," Journal of Economic Growth, Springer, vol. 1(2), pages 189-211, June.
    2. M A Thomas, 2010. "What Do the Worldwide Governance Indicators Measure?," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 22(1), pages 31-54, February.
    3. Edward L. Glaeser & Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2004. "Do Institutions Cause Growth?," Journal of Economic Growth, Springer, vol. 9(3), pages 271-303, September.
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    Cited by:

    1. Kamalu, Kabiru & Wan Ibrahim, Wan Hakimah, 2022. "The Influence of Institutional Quality on Human Development: Evidence from Developing Countries," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 56(1), pages 93-105.
    2. Kabiru Kamalu & Wan Hakimah Binti Wan Ibrahim, 2023. "Conditional Effect of Environmental Degradation and Institutional Environment on Human Development in Developing Countries: Evidence from Method of the Moment-Quantile Regression with Fixed Effect," International Journal of Energy Economics and Policy, Econjournals, vol. 13(5), pages 667-677, September.
    3. Aziz, Ghazala & Sarwar, Suleman, 2023. "Revisit the role of governance indicators to achieve sustainable economic growth of Saudi Arabia – pre and post implementation of 2030 Vision," Structural Change and Economic Dynamics, Elsevier, vol. 66(C), pages 213-227.
    4. Rahaman, Mohammad Mijanur & Islam, Md. Monirul & Polbitsyn, Sergei Nikolaevich & Abbas, Shujaat, 2024. "The electrification-social development nexus in Bangladesh: Do governmental policies matter?," Utilities Policy, Elsevier, vol. 86(C).
    5. Md. Golam Kibria & M. M. K. Toufique, 2023. "Institutional governance and quality of life: evidence from developing countries," SN Business & Economics, Springer, vol. 3(3), pages 1-20, March.

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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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