Working Paper

Economic Policy, Institutional Development, and Income Growth: How Arab Countries Compare with Other Developing Countries


  • Nunnenkamp
  • P.
Publication Date

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 reformm


JEL Classification
O10, O57

Key Words

  • effectiveness of reforms
  • implementation deficits
  • institutional growth determinants
  • Washington Consensus