type="main" <p>The purpose of this paper is to assess the relationship between credit market development and economic growth for a heterogeneous panel of 20 developing and developed countries with varied growth experiences. The empirical study is based on estimations of generalized method of...</p>

This paper studies the remittances' effect on economic growth. Using panel data techniques, the authors estimate several specifications to provide support of such relationship for MENA countries over the period 19802009. The findings provide new robust evidence on how remittances are used in...

This paper studies the effect of exchange rate pass-through on inflation in Tunisia for the period 2001 to 2009. The objective is to track inflation regimes for the Tunisian economy and to forecast its determinants. Using a Markov-switching approach, the authors identified two main regimes for...

This paper assesses the impact of remittances on economic growth for a selected sample of MENA countries over the 1987-2018 period. Using an ARDL model, we investigate the short- and long-run effects of remittances and the channels through which they may impact growth. Estimation outcomes show...

Military spending can have positive or negative impact on economies. In the empirical literature, there is evidence for both hypotheses. In practice, the effect of military spending on the economy will depend on the geographic context and the type of military spending. The Middle East and North...

This chapter discusses whether the Middle East and North African (MENA) countries are prone to be cursed or blessed by their natural resources endowments. It thus reviews the literature on the resource curse theory. The existence of a resource curse is discussed and arguments against advocates...

This study conducts both descriptive and empirical analyses for environmental deterioration and globalization level in the MENA region. First, we give a snapshot of the current globalization level of MENA countries, including economic, social, and political aspects. Besides, we also discuss...

Chapter 1. Terrorism Impact on Public Debt and Government Borrowing Cost: New Empirical Evidence from Long Run Relationship in MENA Countries -- Chapter 2. Digital gaps and economic inequalities in MENA countries: An Empirical Investigation -- Chapter 3. Assessing the determinants of capital...