The impact of financial development on Economic Growth in MENA middle-income countries

Authors

  • MSATFA ZOUHEIR
  • HOUDA KHOUMSSI

DOI:

https://doi.org/10.5281/zenodo.15163786

Keywords:

Financial development, Capital markets, Financial intermediaries, Economic growth

Abstract

The role of finance in economic growth is a topical issue marked by controversial results, some studies favoring the impact of financial development with its two main components (capital markets and financial intermediaries) on economic growth, while others have indicated the opposite.  This study aims at re-examining this relationship using the generalized least squares (GLS) method on a sample of 16 middle-income countries in the MENA region, over a period from 1999-2019.

Published

2025-04-06

How to Cite

MSATFA ZOUHEIR, & HOUDA KHOUMSSI. (2025). The impact of financial development on Economic Growth in MENA middle-income countries. Revue Internationale De La Recherche Scientifique (Revue-IRS), 3(2), 1414–1422. https://doi.org/10.5281/zenodo.15163786