It is often postulated that counties with natural resources endowment could experience a significant increase in economic growth. However, empirical evidence has revealed that this is not the case for many resource-rich countries. The Middle East and North Africa region has the world’s largest...

The primary objective of this paper is to examine the relationship between finance and economic growth in a cohort of 16 economies within the MENA region spanning a four-decade period from 1980 to 2021. This study employs panel unit root and panel co-integration analyses to investigate this...

In the last decade, Arab countries achieved significant progress in financial sector reforms in recognition that economic growth is often associated with increasing financial deepening. In light of these developments, it is important to investigate the relationship between financial development...