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dc.contributor.authorNunnenkamp, Peteren
dc.date.accessioned2009-01-28T14:13:31Z-
dc.date.available2009-01-28T14:13:31Z-
dc.date.issued2003-
dc.identifier.urihttp://hdl.handle.net/10419/3056-
dc.description.abstractSimilar to most other developing countries, almost all Arab countries failed to catch up economically with advanced industrial countries. This paper discusses three possible explanations of the disappointing growth performance: (i) an insufficient reformmindedness of developing country governments, (ii) counterproductive policy recipes of the Washington Consensus and (iii) more deeply rooted barriers to growth related to institutional deficiencies prevailing in various developing countries. The empirical evidence for Arab countries and other developing countries provides little support to the first two hypotheses. By contrast, institutional development is shown to have a significant impact on policy-related variables and the growth performance of developing countries. For Arab countries as a group, institutional development is more advanced than for the control group of other developing countries. Yet, serious institutional deficiencies tend to constrain future growth in several Arab countries. These findings have important implications for national policymakers and the international community.en
dc.language.isoengen
dc.publisher|aKiel Institute for World Economics (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x1183en
dc.subject.jelO10en
dc.subject.jelO57en
dc.subject.ddc330en
dc.subject.keywordWashington Consensusen
dc.subject.keywordimplementation deficitsen
dc.subject.keywordeffectiveness of reformsen
dc.subject.keywordinstitutional growth determinantsen
dc.subject.stwWirtschaftswachstumen
dc.subject.stwWirtschaftspolitiken
dc.subject.stwAnpassungsprogramm des IWFen
dc.subject.stwInstitutionalismusen
dc.subject.stwVergleichen
dc.subject.stwSchätzungen
dc.subject.stwArabische Staatenen
dc.subject.stwEntwicklungsländeren
dc.titleEconomic policy, institutional development, and income growth: How Arab countries compare with other developing countries-
dc.typeWorking Paperen
dc.identifier.ppn371713056en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:1183en

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