This paper aims to assess barriers to service provision in the financial, telecom, and transport sectors of selected MENA countries, including both trade and domestic restrictions. The analysis is focused on computation of aggregate and modal trade restrictiveness indexes (TRIs) by sector,...

In this paper, trends in total factor productivity (TFP) growth in 13 of Egypt's largest and oldest pharmaceutical generics firms are examined. The paper relies on data envelopment analysis (DEA) the non-parametric frontier methodology to obtain the Malmquist productivity index for the sample...

Although income distribution is one of the oldest parts of economic theory, we are still far from having any satisfactory theory explaining why income distribution in one country is more or less equal than in another, or what makes distribution move towards or away from equality over time....

This paper analyzes the role of moral hazard and corporate governance structures in bank failures within the context of the 2000-2001 currency and financial crises experienced in Turkey. The findings suggest that poor performers with lower earnings potential and managerial quality, and hence...

The aim of this country specific study is to understand long and short-run linkages between economic growth, energy consumption and carbon emission using Tunisian data. These linkages were largely under considered and unanswered for policy makers in Tunisia and this empirical research attempts...

Corporate governance has drawn much attention with recent managerial misbehavior and corporate scandals. Various laws and reports around the world came up with propositions and regulation to restore confidence and reinforce investor protection. La Porta, Lopez, Shleifer and Vishny (LLSV...

For many observers, Turkey’s performance during the “2007+ global financial crisis”1 was puzzling. In the first half of the 2009, Turkey was one of the worst affected countries in the world. In addition, the Turkish government was too slow to react, and the measures taken seemed...

Recent literature suggests that a proactive strategy consisting of deliberate real exchange rate depreciation can promote exports diversification and growth. This paper is built on these recent developments and investigates whether four developing countries have adopted such a strategy. Data...

While the demand for higher education increased sharply between 1995-2005, Palestinian academic institutions (universities and community colleges) continued to suffer from budget deficits., Meanwhile, the role of the private sector in financially supporting the academic institutions is still...

This paper considers theoretically and empirically natural resources' effect on growth using a two sector-model (resource and non-resource). Governments tax the non-resource sector and choose institutional quality, which determines productivity in the non-resource sector and the governments'...