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Research Article

The Relationship between Institutional Quality and Economic Growth: Empirical Evidence from the Middle East and North Africa Region

Oussama Zaïbia LED (Laboratory in Development Economics at the Faculty of Economics and Management of Sfax, Tunisia)
,
Ahmed Hachichaa LED (Laboratory in Development Economics at the Faculty of Economics and Management of Sfax, Tunisia)
,
Amal Ghorbela LED (Laboratory in Development Economics at the Faculty of Economics and Management of Sfax, Tunisia)
&
Nabil Chaabaneb MSB (Mediterranean School of Business at South Mediterranean University, Tunis, Tunisia)Correspondence[email protected]
ORCID Iconhttps://orcid.org/0009-0004-5554-5849
ORCID Icon
Received 10 Nov 2023, Accepted 19 May 2024, Published online: 18 Jun 2024
 
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Abstract

This article aims to examine the relationship between governance and economic growth in the MENA region (Algeria, Bahrain, Egypt, Iran, Iraq, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, Tunisia, Turkey and the United Arab Emirates) over the period 2002-2019. Two main questions have been defined that this research is supposed to answer. The first focuses on institutional quality in the MENA region and its position towards the countries of the region. The second examines statistically the effect of each aspect of the governance dimension on economic growth. We use an econometric model to find the indicators that have the most impact. An in-depth analysis will be carried out in the MENA countries. Based on the empirical results as well as the theoretical literature, concrete recommendations will be provided.

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