Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: http://hdl.handle.net/10419/3056
Autoren: 
Nunnenkamp, Peter
Datum: 
2003
Schriftenreihe/Nr.: 
Kiel Working Paper No. 1183
Zusammenfassung: 
Similar 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.
Schlagwörter: 
Washington Consensus
implementation deficits
effectiveness of reforms
institutional growth determinants
JEL: 
O10
O57
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
230.07 kB





Publikationen in EconStor sind urheberrechtlich geschützt.