Relationship Between Political Instability & Growth In Some Selected Mena Countries

Relationship Between Political Instability & Growth In Some Selected Mena Countries

The presence of a relationship between political instability and economic growth are hotly debated issues in the sphere of political economy. In this study, the purpose is to make an analysis, in the field of political economy, regarding the effect of political variables on the growth in case of MENA (Algeria, Egypt, Iran, Jordan, Lebanon, Morocco and Tunisia) countries. The reason why these seven countries were chosen is their demographic, cultural and economic proximity. To find evidence and proof for the study’s hypothesis, range political and economic variables were employed. The study aims to find the high degree relationship between political instability and economic growth by using Least Square Dummy Variable estimation for linear dynamic panel data model on a sample covering up to seven MENA countries for the years starting from 1990 to 2012

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