This paper quantitatively compares Middle East and North African (MENA) countries’ growth patterns with those of a sample of middle-income countries. Three complementary sets of growth determinants are tested: accumulation, institutions and structural change. After having estimated the model...

Macroeconomic determinants of FDI are seldom analyzed from the perspective of source countries, priority being given to host country characteristics. In a gravity set-up, we show that output volatility of source country has a significant adverse impact on FDI flowing to developing economies that...

The existing literature points to a series of determinants of FDI attraction such as the size of markets, the costs of labor, infrastructure, the educational level of the labor force, or policy reforms and political stability … However, potential trade-offs or complementarities between similar...

In this paper, we build a structural model of growth and we estimate it on panel data. We go further than the previous studies of Bende et al. (2000, 2003) or Li & Liu (2005), because we not only control for the endogenity of FDI towards growth, but we also control for the endogenity of FDI...

In this paper, we argue that the inadequacy of their underlying formal model can explain the failure of the existing empirical studies to exhibit a robust and convergent estimation of the effect of FDI on growth. We build a structural model of growth with endogenous attraction to FDI, and we...

In this paper, we ask if the convergence in policies leads to a convergence in growth dynamics for MENA countries. We first show that FDI promotion policies have been very similar in the South East Mediterranean countries during the last decade. Then, we try to find clubs of convergence in this...

</titre> <alinea/> The basic aim of this paper is to assess the linkages between inflows of FDI, GDP growth and the structural reforms that are usually supposed to increase the effects of FDI on growth : such as human capital, infrastructure, trade openness, financial development and increasing macroeconomic...

The study aims at examining the assumption of a “Barcelona agreement” effect on the convergence of Morocco economy. The concept of convergence will be approached according three logics: convergence of Morocco economy towards its own steady state; towards the others countries of the Agreement...

This article analysis diversity of growth path for the UE-27 countries, the other Eastern European countries which developed a partnership with UE like Ukraine or Russia, and for the Mediterranean countries (Morocco, Algeria, Tunisia, Turkey) which signed the 1995 Barcelona agreements. The first...