Institutional Reforms Debate and FDI Flows to MENA Region: Does One 'Best' Fit All?

Wasseem Mina ()

No wp-2011-050, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The paper revisits the policy debate on institutional reform approaches to property rights protection and empirically examines it in the context of FDI flows to the Middle East and Northern Africa region (MENA). Using panel data on 11 MENA countries for the period 1991-2007 and adopting feasible generalized least squares estimation methodology, the paper finds a positive influence of improvement in the risk of investment expropriation in non-Gulf Cooperation Council (GCC) MENA countries and of bilateral investment treaties (BITs) in GCC countries.

Keywords: Institutional economics; International trade; Foreign investments; Right of property (search for similar items in EconPapers)
Date: 2011
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Working Paper: Institutional Reforms Debate and FDI Flows to MENA Region: Does One “Best” Fit All? (2010)
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