The Impact of Formal and Informal Institutions on Economic Growth A Case Study on the MENA Region

Regarding the Arab region, GDP per capita virtually stagnated for more than 20 years from 1980. During the same period, GDP per capita in the world's highly industrialized states further increased and the gap between the Middle East and North Africa (MENA) and the highly developed countries wid...

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मुख्य लेखक: Dobler, Constanze (auth)
स्वरूप: इलेक्ट्रोनिक पुस्तक अध्याय
भाषा:अंग्रेज़ी
प्रकाशित: Bern Peter Lang International Academic Publishing Group 2011
श्रृंखला:Hohenheimer volkswirtschaftliche Schriften
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ऑनलाइन पहुंच:DOAB: download the publication
DOAB: description of the publication
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विवरण
सारांश:Regarding the Arab region, GDP per capita virtually stagnated for more than 20 years from 1980. During the same period, GDP per capita in the world's highly industrialized states further increased and the gap between the Middle East and North Africa (MENA) and the highly developed countries widened. However, the differences between Arab countries and the Western states exist not only economically. The countries also differ regarding their political, legal, and social systems. This work explains the differences in development on the basis of institutional economics. In addition to a general theoretical part, an empirical analysis demonstrates the effects of institutions on income, and a historical case study explains the divergent development paths of the Arab region and selected advanced economies.
भौतिक वर्णन:1 electronic resource (250 p.)
आईएसबीएन:978-3-653-00883-8
9783653008838
अभिगमन:Open Access