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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Bibliographic Details
Main Author: Dobler, Constanze (auth)
Format: Electronic Book Chapter
Language:English
Published: Bern Peter Lang International Academic Publishing Group 2011
Series:Hohenheimer volkswirtschaftliche Schriften
Subjects:
Online Access:DOAB: download the publication
DOAB: description of the publication
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520 |a 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. 
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546 |a English 
650 7 |a Sociology & anthropology  |2 bicssc 
650 7 |a Politics & government  |2 bicssc 
650 7 |a Economic theory & philosophy  |2 bicssc 
650 7 |a Economic growth  |2 bicssc 
650 7 |a Development economics & emerging economies  |2 bicssc 
650 7 |a Political economy  |2 bicssc 
650 7 |a Economic history  |2 bicssc 
653 |a Case 
653 |a Cultural economics 
653 |a Dobler 
653 |a Economic 
653 |a Empirical institutional analysis 
653 |a Formal 
653 |a Growth 
653 |a Impact 
653 |a Informal 
653 |a Institutions 
653 |a MENA 
653 |a Political economics 
653 |a Region 
653 |a Study 
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