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The impact of financial development on Economic Growth in MENA middle-income countries

Year: 2025

Type: article

Abstract: The role of finance in economic growth is a topical issue marked by controversial results, some studies favoring the impact of financial development with its two main components (capital markets and financial intermediaries) on economic growth, while others have indicated the opposite. This study aims at re-examining this relationship using the generalized least squares (GLS) method on a sample of 16 middle-income countries in the MENA region, over a period from 1999-2019.

Source: Revue Internationale de la Recherche Scientifique (Revue-IRS)

DOI: 10.5281/zenodo.15163785

Authors: MSATFA ZOUHEIR, HOUDA KHOUMSSI

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W6930583488

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