Titre : | What Types of Perceived Governance Indicators Matter the Most for Private Investment in Middle East and North Africa |
Accompagne : | |
Auteurs : | Marie-Ange Veganzones-Varoudakis, Auteur ; Ahmet Faruk Aysan, Auteur ; Zeynep Ersoy, Auteur |
Type de document : | Working Paper |
Editeur : | Clermont-Ferrand : Centre d'études et de recherches sur le développement international (Cerdi), 2008 |
Collection : | Études et Documents Cerdi, ISSN 2114-7957, num. 02 |
Format : | 19 p. |
Langues: | Anglais |
Catégories : |
[Eurovoc] ÉCONOMIE > situation économique > développement économique > pays en développement [Eurovoc] GÉOGRAPHIE > Afrique > Afrique du Nord [Eurovoc] GÉOGRAPHIE > Asie - Océanie > Proche et Moyen-Orient [Eurovoc] GÉOGRAPHIE > géographie politique > monde arabe [Eurovoc] VIE POLITIQUE > pouvoir exécutif et administration publique > exécutif > gouvernance |
Tags : | governance quality ; private investment ; developing countries ; Middle East and North Africa (MENA) ; public accountability |
Résumé : | By using a simultaneous equations model, this paper establishes that the perceived quality of governance, which is measured by three different indicators “Quality of Administration”, “Public Accountability” and “Political Stability”, has a positive effect on the private investment decisions in the developing countries. Our model allows us to point out the fact that the mechanisms through which each type of indicator affects private investment are different. In addition to our primary result we also show that Middle East and North Africa (MENA) region could have attained a better private investment performance if it had reached a more advanced level of perceived institutions in last two decades. The low level of public accountability, among other governance deficiencies, was predominantly responsible for the deficiency in private investment in MENA. |
Axe de recherche : | Financement du développement |
En ligne : | https://halshs.archives-ouvertes.fr/halshs-00556940 |
Documents numériques (1)
https://halshs.archives-ouvertes.fr/halshs-00556940/file/2008.02.pdf URL |