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

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.

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-04-06
DOI
https://doi.org/10.5281/zenodo.15163785
Primary Topic
Fiscal Policies and Political Economy
Type
article
Field-Weighted Citation Impact
0.00
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article

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

Zenodo (CERN European Organization for Nuclear Research)
Fiscal Policies and Political Economy
article

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

article en

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.

Zenodo (CERN European Organization for Nuclear Research)
Decent work and economic growth
Openalex Percentile: Top 42%
Fiscal Policies and Political Economy
DOIOpen Access PDFOpenAlex
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The impact of financial development on Economic Growth in MENA middle-income countries · Zenodo (CERN European Organization for Nuclear Research) (2025) | TGRS Research Map | TGRS