Financial Integration And Its Impact On Economic Growth In The Arab Countries

2019 ◽  
pp. 873
Author(s):  
Tayseer Ali Al-Momani ◽  
Mohammed Abdel-Karim Al-Momani
Keyword(s):  
Economic Growth ◽  
Financial Integration ◽  
Arab Countries

Bridging the digital divide through ICT

2013 ◽  
Vol 30 (4) ◽  
pp. 358-365 ◽  
Author(s):  
Adboulaye Kaba ◽  
Raed Said
Keyword(s):  
Economic Growth ◽  
Information Technology ◽  
Digital Divide ◽  
Significant Relationship ◽  
Gulf Cooperation Council ◽  
Arab Countries ◽  
Government Support ◽  
Global Information ◽  
Gcc Countries ◽  
Ict Infrastructure

Bridging the gap of the digital divide can play an important role in education, employment and economic growth of any country. The present study attempts to examine and analyze the digital divide status of the Gulf Cooperation Council (GCC) countries compared with countries of the Association of Southeast Asian Nations (ASEAN) and other Arab countries. It uses 19 indicators of four factors adapted from The Global Information Technology Report 2009–2010 to measure the digital divide. Findings of the study indicated that GCC countries have a better ICT infrastructure than the ASEAN and other Arab countries. Similarly, the results of the study revealed that GCC nations have more ICT users than the ASEAN and other Arab countries. However, the study found no significant differences among these groups of countries in regard to government support and usage of ICT. Findings of the Analysis of Variance (ANOVA) show that, across the three groups of countries, the influence of ICT infrastructure is consistently significant in narrowing the digital divide. The regression results also prove a significant relationship between government support for ICT and government usage of ICT.

scholarly journals Transformation of the agricultural financial system in the age of globalisation

2017 ◽  
Vol 63 (No. 12) ◽  
pp. 548-558 ◽  
Author(s):  
Brzozowska Anna ◽  
Bubel Dagmara ◽  
Kalinichenko Antonina ◽  
 Nekrasenko Larysa
Keyword(s):  
Economic Growth ◽  
Financial Markets ◽  
Capital Flows ◽  
Financial Integration ◽  
Financial System ◽  
The Other ◽  
Financial Policy ◽  
Financial Flows ◽  
European Agriculture ◽  
Financial Globalisation

The paper is an attempt to address the advantages and risks connected with the wave of financial globalisation, with a focus on its impact on financial policy in European agriculture. The aim of the paper is to identify the basic conditions of the functioning and change of the financial system of agriculture under the conditions of the globalisation of financial markets. Financial globalisation, also referred to as financial integration or openness, is understood as an increase in global ties and interdependences caused by capital flows. Potentially, globalisation can bring a lot of benefits, which are manifested in an acceleration of economic growth and decreased fluctuation in consumption, which should further improve the level of overall prosperity. On the other hand, however, internationalisation of financial flows entails a range of threats, including the possibility of crisis.

scholarly journals International Financial Integration and Economic Growth

10.3386/w9164 ◽  
2002 ◽  
Author(s):  
Hali Edison ◽  
Ross Levine ◽  
Luca Ricci ◽  
Torsten Slok
Keyword(s):  
Economic Growth ◽  
Financial Integration ◽  
International Financial Integration

scholarly journals Investigating the Relationship Between Financial Integration and Economic Growth in the East African Community

2017 ◽  
Vol 13 (19) ◽  
pp. 249
Author(s):  
Onesmus Mutunga Nzioka
Keyword(s):  
Economic Growth ◽  
Financial Integration ◽  
Positive Impact ◽  
Simple Linear Regression ◽  
East African ◽  
East African Community ◽  
African Community ◽  
Economic Bloc ◽  
Gross Capital Flows ◽  
The Relationship

This study set out to investigate the relationship between financialintegration and economic growth in the EAC community states. Secondarydata on financial integration and GDP was obtained from worldbank and theEast African Community(EAC) community secretariat. The data wassubjected to simple linear regression and correlation analysis to achieve theset objective. The study found that, Gross capital flow to GDP (financialopenness) is positively correlated to economic growth (r=0.2093, p <0.05).The study also found that, 3.98% of the variations in economic growth, asmeasured by GDP per capita, within the countries are explained by financialintegration, as measured by the ratio of gross capital flows, 38.98% of thevariations in economic growth between the countries are explained byfinancial integration while 4.38% of the variations in economic growth of theEast African communityEAC as an economic bloc (considering panel data)are explained by financial integration. The findings confirm that, whencapital flows increase, economic growth also increases, pointing to thenecessity of the East African member states to explore ways of increasing thecapital flows between the countries. The researcher recommends conductingof a comparative study between the old and the new EAC to establishwhether the inclusion of Rwanda and Burundi, has had any positive impact(catalyzed) on the level of financial integration and economic growth.

scholarly journals The Impact of Migrant Remittances on Economic Growth in Arab Countries

2019 ◽  
Vol 5 (2) ◽  
pp. 188
Author(s):  
Habib Ouni ◽  
Hela Miniaoui
Keyword(s):  
Economic Growth ◽  
Potential Role ◽  
Dynamic Panel Data ◽  
Arab Countries ◽  
Consumption Expenditure ◽  
Gulf Region ◽  
Dynamic Panel ◽  
Migrant Remittances ◽  
Using Data ◽  
The Impact

<p><em>The potential role that workers’ remittances are likely to play in promoting economic growth, especially in Arab countries, is currently attracting considerable attention. </em><em>These remittances have an impact on the remitting economies as well. </em><em>The Gulf region is considered one of the top sending countries of migrant remittances. In this study, empirical analysis is carried out with panel techniques using data over the last three decades for six Arab countries. Our results show that migrant remittances have a positive and significant impact on economic growth. This relationship is also significant when we use dynamic panel data. An indirect effect of remittances on economic growth is pointed out especially via the investment and the household final consumption expenditure channels. </em></p><p><em>Policymakers in Arab countries should take appropriate policy actions to increase the outflow of workers. Developed capital markets, as well as a sound macroeconomic policy environment, would provide incentives for sustainable remittances transfers.</em></p>

scholarly journals Exports and Economic Growth: The Arab Experience

2000 ◽  
Vol 39 (2) ◽  
pp. 153-169 ◽  
Author(s):  
Mohammed Ibrahim EL-Sakka ◽  
Naief hamad Al-Murairi
Keyword(s):  
Economic Growth ◽  
Theoretical Background ◽  
Arab Countries ◽  
Annual Data ◽  
Causality Test ◽  
Long Run ◽  
Augmented Dickey Fuller ◽  
Stationarity Tests ◽  
The Relationship ◽  
Cointegration Relationship

This paper aims at analysing the relationship between exports and economic growth in the Arab countries using annual data for the period 1970-1999. Section two of this study presents a theoretical background of the relationship between exports and economic growth. Literature review is found in Section 3. In Section 4, the methodological issues of studying this relationship are discussed. Results of stationarity tests using Augmented Dickey-Fuller (ADF) and Phillips-Perron (PP) as well as Bivariate Johansen-Juseluis tests for cointegration are presented in Section 5. Stationarity tests suggest that time series are non-stationary in their levels and seem to be stationary in their first differences. Testing for long-run cointegration relationship using Johansen-Juseluis approach, it is found that in general there is no cointegration relationship between exports and GDP. For this reason, we abandoned the error correction model and tested for causality using different versions of Granger’s causality test. We found mixed results about the causal relationship between exports and GDP in Arab countries.

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