ارسل ملاحظاتك

ارسل ملاحظاتك لنا









External Debt and Economic Growth in MENA Countries: Does Governance Matter?

المصدر: المجلة المصرية للتنمية والتخطيط
الناشر: معهد التخطيط القومي
المؤلف الرئيسي: El Husseiny, Israa A. (Author)
مؤلفين آخرين: Abdel-Karim, Menna Tallah Sherif (Co-Author) , Mostafa, Noha Magdy (Co-Author)
المجلد/العدد: مج32, ع2
محكمة: نعم
الدولة: مصر
التاريخ الميلادي: 2024
الشهر: يونيو
الصفحات: 76 - 100
ISSN: 1110-984X
رقم MD: 1526088
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: EcoLink
مواضيع:
كلمات المؤلف المفتاحية:
External Debt | Governance Indicators | Economic Growth | Mena Countries | Panel Cointegration
رابط المحتوى:
صورة الغلاف QR قانون

عدد مرات التحميل

3

حفظ في:
المستخلص: This paper examines the relationship between external debt and economic growth in selected countries in the Middle East and North Africa (MENA) region over the period (1996-2021), using panel cointegration analysis. It further explores how governance indicators, namely control of corruption and political stability, affect the external debt-economic growth relationship. The Pedroni cointegration test confirmed a long run relationship among the variables. The dynamic OLS results indicated a positive and statistically significant, but relatively weak, impact of external debt on economic growth in one specification. Furthermore, including the governance indicator "control of corruption" in one model specification slightly strengthened the positive relationship between external debt and economic growth. As such, the MENA countries need to design appropriate policies that promote better utilization of external debt for economic growth. Moreover, these countries should improve their governance performance, especially in the control of the corruption domain.

ISSN: 1110-984X

عناصر مشابهة