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Regarding the Arab region, GDP per capita virtually stagnated for more than 20 years from 1980. During the same period, GDP per capita in the world's highly industrialized states further increased and the gap between the Middle East and North Africa (MENA) and the highly developed countries...
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The question of convergence between poor and rich countries is a central issue in economic growth debate in the last years. This paper investigates the β-conditional convergence of the MENA (Middle East and North Africa) region towards the Euro Zone using a set of macroeconomic, institutional...
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