Financial Development and Economic Growth: Case of the MENA Region

Soltani Hassen; Maktouf Samir

Authors

Soltani Hassen
Maktouf Samir

Keywords:

banks, financial market, growth economic, mena countries, GMM dynamic panel

Abstract

The controversy over the relationship between the financial and real economic sphere was ambiguous. Many studies showed a positive relationship between these two spheres whereas others presented the perfectly opposed thesis. On the basis of data relating to 11 MENA countries, observed during the period 1995-2011 and by using the GMM method of the dynamic panel, the result showed that there is a positive relation between the financial development and economic growth. This relationship and more intense for the role of the MENA financial system.

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How to Cite

Financial Development and Economic Growth: Case of the MENA Region. (2013). Global Journal of Management and Business Research, 13(37), 35-40. https://journalofbusiness.org/index.php/GJMBR/article/view/

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Author Biography

Soltani Hassen

Soltani Hassen is a PhD in Economics from the Faculté des Sciences Economiques et de Gestion de Tunis, Université Tunis El Manar. His research focuses on financial development, economic growth, and foreign direct investment, with a particular emphasis on the MENA region and Tunisia. He has published works on cointegration analysis and the relationship between FDI and economic growth. Dr. Hassen has an h-index of 5 and over 139 citations, reflecting his contributions to the field. He is currently affiliated with the University of Bisha and previously with Tunis El Manar University. His academic identifiers include ORCID 0009-0002-9406-1017 and Scopus ID 57223233485.

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