The impact of formal and informal institutions on economic growth : a case study on the MENA region

Annotation 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 co...

Full description

Main Author: Dobler, Constanze
Format: eBook
Language:English
Published: Frankfurt am Main Peter Lang 2011, 2011
Series:Hohenheimer volkswirtschaftliche Schriften
Subjects:
Online Access:
Collection: JSTOR Open Access Books - Collection details see MPG.ReNa
Summary:Annotation 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
Item Description:Originally presented as the author's thesis (doctoral)--Universität Hohenheim, 2011
Physical Description:xvi, 234 pages illustrations