Arbeitspapier
Economic policy, institutional development, and income growth: How Arab countries compare with other developing countries
Similar to most other developing countries, almost all Arab countries failed to catch up economically with advanced industrial countries. This paper discusses three possible explanations of the disappointing growth performance: (i) an insufficient reformmindedness of developing country governments, (ii) counterproductive policy recipes of the Washington Consensus and (iii) more deeply rooted barriers to growth related to institutional deficiencies prevailing in various developing countries. The empirical evidence for Arab countries and other developing countries provides little support to the first two hypotheses. By contrast, institutional development is shown to have a significant impact on policy-related variables and the growth performance of developing countries. For Arab countries as a group, institutional development is more advanced than for the control group of other developing countries. Yet, serious institutional deficiencies tend to constrain future growth in several Arab countries. These findings have important implications for national policymakers and the international community.
- Sprache
-
Englisch
- Erschienen in
-
Series: Kiel Working Paper ; No. 1183
- Klassifikation
-
Wirtschaft
Economic Development: General
Comparative Studies of Countries
- Thema
-
Washington Consensus
implementation deficits
effectiveness of reforms
institutional growth determinants
Wirtschaftswachstum
Wirtschaftspolitik
Anpassungsprogramm des IWF
Institutionalismus
Vergleich
Schätzung
Arabische Staaten
Entwicklungsländer
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Nunnenkamp, Peter
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for World Economics (IfW)
- (wo)
-
Kiel
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Nunnenkamp, Peter
- Kiel Institute for World Economics (IfW)
Entstanden
- 2003
Ähnliche Objekte (12)
Why economic growth has been weak in Arab countries: The role of exogenous shocks, economic policy failure and institutional deficiencies
Why economic growth has been weak in Arab countries: the role of exogenous shocks, economic policy failure and institutional deficiencies
European FDI strategies in Mercosur countries
Determinants of FDI in developing countries: has globalization changed the rules of the game?
How to promote development-friendly FDI : an agenda for policymakers in developing and transition countries
Too much, too little, or too volatile? International capital flows to developing countries in the 1990s
State enterprises in developing countries
Foreign direct investment in developing countries: What policymakers should not do and what economists don't know
Structural change and economic performance in the era of globalization : some evidence from industrial and developing countries
Why economic growth trends differ so much across developing countries: the globalization debate and its relevance to Pakistan
Mehr Entwicklungshilfe ist nicht genug: zielgerichtete Unterstützung armer afrikanischer Länder mit guter Regierungsführung?
Some consequences of globalization for developing countries
Why economic growth has been weak in Arab countries: The role of exogenous shocks, economic policy failure and institutional deficiencies
Why economic growth has been weak in Arab countries: the role of exogenous shocks, economic policy failure and institutional deficiencies
European FDI strategies in Mercosur countries
Determinants of FDI in developing countries: has globalization changed the rules of the game?
How to promote development-friendly FDI : an agenda for policymakers in developing and transition countries
Too much, too little, or too volatile? International capital flows to developing countries in the 1990s
State enterprises in developing countries
Foreign direct investment in developing countries: What policymakers should not do and what economists don't know
Structural change and economic performance in the era of globalization : some evidence from industrial and developing countries
Why economic growth trends differ so much across developing countries: the globalization debate and its relevance to Pakistan
Mehr Entwicklungshilfe ist nicht genug: zielgerichtete Unterstützung armer afrikanischer Länder mit guter Regierungsführung?
Some consequences of globalization for developing countries
Why economic growth has been weak in Arab countries: The role of exogenous shocks, economic policy failure and institutional deficiencies
Why economic growth has been weak in Arab countries: the role of exogenous shocks, economic policy failure and institutional deficiencies
European FDI strategies in Mercosur countries
Determinants of FDI in developing countries: has globalization changed the rules of the game?
How to promote development-friendly FDI : an agenda for policymakers in developing and transition countries
Too much, too little, or too volatile? International capital flows to developing countries in the 1990s
State enterprises in developing countries
Foreign direct investment in developing countries: What policymakers should not do and what economists don't know
Structural change and economic performance in the era of globalization : some evidence from industrial and developing countries
Why economic growth trends differ so much across developing countries: the globalization debate and its relevance to Pakistan
Mehr Entwicklungshilfe ist nicht genug: zielgerichtete Unterstützung armer afrikanischer Länder mit guter Regierungsführung?