Analyzing the impact of competition policy on economic prosperity in the MENA region (2013–2023)
In the MENA region, where economic disparities and developmental challenges are prevalent, understanding the impact of competition policy is imperative. As these countries undergo significant economic reforms and strive for sustainable development, this study analyses the nexus between competition p...
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| Language: | English |
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Elsevier
2025-01-01
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| Series: | Social Sciences and Humanities Open |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2590291125004747 |
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| author | Mohammed EL-Khodary Amine EL Kadri Soukaina Alami Harrak |
| author_facet | Mohammed EL-Khodary Amine EL Kadri Soukaina Alami Harrak |
| author_sort | Mohammed EL-Khodary |
| collection | DOAJ |
| description | In the MENA region, where economic disparities and developmental challenges are prevalent, understanding the impact of competition policy is imperative. As these countries undergo significant economic reforms and strive for sustainable development, this study analyses the nexus between competition policy and economic prosperity in 29 countries between 2013 and 2023. Using panel models and Panel-based Feasible Generalized Least Squares (FGLS) in R, with data from the World Bank, the analysis explores how factors related to competition, such as entrepreneurship, financing, and governance, affect economic prosperity. The findings suggest that access to credit for both public and private sectors, along with increased formal training, are vital for fostering economic prosperity. However, an overabundance of new business registrations may lead to excessive competition, highlighting the need for balanced regulations. Additionally, stronger property rights, governance, and regulatory quality are positively linked to economic growth. Ultimately, promoting competition can help reduce economic inequalities and promote balanced prosperity in the MENA region by ensuring credit accessibility, improving formal training, and enhancing property rights and regulatory frameworks. This approach contributes to a more efficient economic environment, stimulates growth, and attracts investment while ensuring regulatory stability. |
| format | Article |
| id | doaj-art-5a10a02e0cb541b982fdcdbc65f460c2 |
| institution | Kabale University |
| issn | 2590-2911 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Social Sciences and Humanities Open |
| spelling | doaj-art-5a10a02e0cb541b982fdcdbc65f460c22025-08-20T03:29:10ZengElsevierSocial Sciences and Humanities Open2590-29112025-01-011210174610.1016/j.ssaho.2025.101746Analyzing the impact of competition policy on economic prosperity in the MENA region (2013–2023)Mohammed EL-Khodary0Amine EL Kadri1Soukaina Alami Harrak2Corresponding author. Campus Dhar El Mehraz BP 42, 30000, Fez, Morocco.; Sidi Mohamed Ben Abdellah University, Department of Economic and Management of Organizations, Fez, MoroccoSidi Mohamed Ben Abdellah University, Department of Economic and Management of Organizations, Fez, MoroccoSidi Mohamed Ben Abdellah University, Department of Economic and Management of Organizations, Fez, MoroccoIn the MENA region, where economic disparities and developmental challenges are prevalent, understanding the impact of competition policy is imperative. As these countries undergo significant economic reforms and strive for sustainable development, this study analyses the nexus between competition policy and economic prosperity in 29 countries between 2013 and 2023. Using panel models and Panel-based Feasible Generalized Least Squares (FGLS) in R, with data from the World Bank, the analysis explores how factors related to competition, such as entrepreneurship, financing, and governance, affect economic prosperity. The findings suggest that access to credit for both public and private sectors, along with increased formal training, are vital for fostering economic prosperity. However, an overabundance of new business registrations may lead to excessive competition, highlighting the need for balanced regulations. Additionally, stronger property rights, governance, and regulatory quality are positively linked to economic growth. Ultimately, promoting competition can help reduce economic inequalities and promote balanced prosperity in the MENA region by ensuring credit accessibility, improving formal training, and enhancing property rights and regulatory frameworks. This approach contributes to a more efficient economic environment, stimulates growth, and attracts investment while ensuring regulatory stability.http://www.sciencedirect.com/science/article/pii/S2590291125004747C01C33L50O18P25R11 |
| spellingShingle | Mohammed EL-Khodary Amine EL Kadri Soukaina Alami Harrak Analyzing the impact of competition policy on economic prosperity in the MENA region (2013–2023) Social Sciences and Humanities Open C01 C33 L50 O18 P25 R11 |
| title | Analyzing the impact of competition policy on economic prosperity in the MENA region (2013–2023) |
| title_full | Analyzing the impact of competition policy on economic prosperity in the MENA region (2013–2023) |
| title_fullStr | Analyzing the impact of competition policy on economic prosperity in the MENA region (2013–2023) |
| title_full_unstemmed | Analyzing the impact of competition policy on economic prosperity in the MENA region (2013–2023) |
| title_short | Analyzing the impact of competition policy on economic prosperity in the MENA region (2013–2023) |
| title_sort | analyzing the impact of competition policy on economic prosperity in the mena region 2013 2023 |
| topic | C01 C33 L50 O18 P25 R11 |
| url | http://www.sciencedirect.com/science/article/pii/S2590291125004747 |
| work_keys_str_mv | AT mohammedelkhodary analyzingtheimpactofcompetitionpolicyoneconomicprosperityinthemenaregion20132023 AT amineelkadri analyzingtheimpactofcompetitionpolicyoneconomicprosperityinthemenaregion20132023 AT soukainaalamiharrak analyzingtheimpactofcompetitionpolicyoneconomicprosperityinthemenaregion20132023 |