This paper studies the dynamic effect of oil rents on industrial added value in a sample of countries with different levels of development. Using a SVAR model, we tested the effect of a real shock and a nominal shock on the variables of the model. The main obtained results are three. First, we...

The aim of this paper is to explain why an efficient privatization policy should transit through stock markets. Indeed, in theory, this method can be considered as the best for several reasons: more justice, more equity, more transparency. Also, this modality has showed its ability to imply the...