Government policy and economic growth
A comparative analysis of the Maghrib experience
Bibliographic Data
| ID | 3978534 |
|---|---|
| Authors | Ali Abderrezak (Cumberland University, corresponding author) |
| Year | 2002 |
| Volume | 7 |
| Issue | 4 |
| Pages | 44-54 |
| Publication date | 2002-12-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Journal of North African Studies (JOURNAL) |
| Journal identifiers | ISSN: 1362-9387 • E-ISSN: 1743-9345 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/13629380208718482 |
| OpenAlex | W2087388535 |
| Language | EN |
| References cited | 12 |
Subsequent to a post‐independence era beginning in the late 1950s ‐ a period characterised by government dirigisme, debt crisis and economic stagnation ‐decision‐makers in the Maghrib region reluctantly reexamined their policies and agreed to implement economic reforms and International Monetary Fund (IMF) debt stabilisation programmes in the mid‐1980s. Yet, despite significant progress toward market liberalisation and stabilisation since that time, growth in the region remains below expectations. Using a time‐series regression growth model, this study offers a comparative analysis of the effects of government policy on economic growth from 1970 to 1999 in Algeria, Morocco and Tunisia. While there is strong statistical evidence of a downward convergence towards a steady‐state level of output in all three countries, government spending in particular has been detrimental to economic growth in these North African developing economies. However, the findings regarding monetary policy, trade openness and export promotion are mixed
Convergence (economics · Currency · Debt · Economic policy · Economics · Government (linguistics · Government Debt · Independence (probability theory · International economics · Liberalization · Macroeconomics · Market economy · Monetary economics · Monetary policy · Openness to experience · Political science · Politics · Promotion (chess · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Monetary Policy and Economic Impact
Macroeconomic determinants of growth
Economic Reform and the Process of Global Integration
Reopening the convergence debate
Growth Empirics
An empirical analysis of cross-national economic growth, 1951–1980
Finance, entrepreneurship and growth
Economic Growth in a Cross Section of Countries
Government Spending in a Simple Model of Endogeneous Growth
Endogenous Technological Change
A Contribution to the Empirics of Economic Growth
Fiscal policy and economic growth
| Highly cited | No |
|---|