Financial Development and Economic Growth: Case of the MENA Region

Soltani Hassen; Maktouf Samir

Financial Development and Economic Growth: Case of the MENA Region

Soltani Hassen * §

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Maktouf Samir

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§ Facult des Sciences Economiques et de Gestion de Tun...

Financial Development and Economic Growth: Case of the MENA Region

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Abstract

The controversy over the relationship between the financial and real economic sphere was ambiguous. Many studies showed a positive relationship between these two spheres whereas others presented the perfectly opposed thesis. On the basis of data relating to 11 MENA countries, observed during the period 1995-2011 and by using the GMM method of the dynamic panel, the result showed that there is a positive relation between the financial development and economic growth. This relationship and more intense for the role of the MENA financial system.

References

16 Cites in Article

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Soltani Hassen, Maktouf Samir. 2014. "Financial Development and Economic Growth: Case of the MENA Region". Global Journal of Computer Science and Technology - G: Interdisciplinary, Global Journal of Management and Business Research - G: Interdisciplinary GJMBR-G Volume 13 (GJMBR Volume 13 Issue G7).

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GJMBR Volume 13 Issue G7

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Journal Specifications

Crossref Journal DOI 10.17406/gjcst

Print ISSN 0975-4350

e-ISSN 0975-4172

Keywords

Banks financial market GMM dynamic panel growth economic mena countries

Classification

GJMBR-G Classification JEL Code: G00

O40

Submission ReceivedDecember 15, 2012
Peer Review Double Blind
Handling Editor
Accepted January 2, 2013
Published January 15, 2013

Version of record

v1.2

Issue date

February 26, 2014

Language

English

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Article Matrices

Total Score: 142

Country: Tunisia

Subject: Global Journal of Computer Science and Technology

Authors: Soltani Hassen, Maktouf Samir (PhD/Dr. count: 0)

View Count (all-time): 446

Total Views (Real + Logic): 3612

Total Downloads (simulated): 193

Publish Date: 2013 01, Tue

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Total Views: 3.6K

Total Downloads: 193

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