This paper investigate the dynamic relationship between foreign capital inflows on economic growth of Mediterranean countries over the period 1980-2018 Foreign direct investment (FDI) and official development aid (ODA) were used as a main source of capital inflow in this study. A standard growth...

Until the early 1990s, the discussions on fiscal policy primarily centered on the functions of economic stabilization, income redistribution and resource allocation. Long-term growth was not usually viewed as an end itself, and fiscal policy was often not sufficiently tailored to the different...