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stronger institutions are crucial for MENA's overall financial stability vis-à-vis reduction in the risk of default in the …Resource abundance characterizes economies within the MENA region from North Africa to the Middle East. As such, to …
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This paper studies the relationship between the level of economic development and the incidence of three forms of payments across countries, namely the incidence of bank accounts, digital payments, and mobile money accounts among the adult populations across countries. It presents simple...
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This chapter discusses whether the Middle East and North African (MENA) countries are prone to be cursed or blessed by … transmission channels are presented. Finally, we present to what extent MENA countries are affected by the curse, drawing on … existing literature as well as empirical data. The (scarce) literature shows that a resource curse may be underway in MENA …
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institutions like the rule of law or freedom of expression, which are not necessarily aimed at boosting innovation, create an …The objective of this paper is to investigate the effects of institutions on national rates of inventive activity …. Invention, part of the innovation process, is acknowledged as one of the driving forces behind economic growth, and patent …
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