Show simple item record

dc.contributor.advisor Ali, Hamid Farid, Marmar 2016-05-22T09:09:59Z 2016-05-22T22:00:20Z Spring 2016 en_US 2016-05-22
dc.description.abstract Economic inequality is turning into one of the most pressing issues in the 21st century. The inequality gap between the rich and the poor raises red flags to the world's economic, social and political well-being. A small minority is controlling the world's economy and has the most influential power, which will result in more political instability and lower social inclusion within the world. This was witnessed by the reasons studied behind the rise of the Arab Spring and the turmoil in the MENA region. The literature exhibits a wealth of studies and ongoing debate for the reasons behind inequality among and within the countries in the world. However, there is a dearth in literature on MENA Region when it comes to analyzing the causes leading to inequality and the factors that determine its level in the region, with an emphasis on the effect of the capital and the rate of returns. This study analyzed panel data from 1963 to 2012 for MENA countries to empirically investigate the effect of the capital formation, rate of returns on capital, controlling for the economic growth and natural resources rent on economic inequality in MENA. The empirical results showed that that the factors used to measure the capital formation such as Gross Domestic Savings and Gross Fixed Capital Formation are positively related to economic inequality and hence heighten the inequality gap. Conversely, the factors used to measure the capital rate of returns such as the real interest and the deposit interest rate are negatively related to economic inequality. When the deposit interest rate increases, the economic inequality decreases. Policy recommendations are made to develop comprehensive strategies for inclusive development and better wealth distribution. Revised fiscal and monetary policies to reform tax and benefits are needed to increase fair and re-distributive effects and avoid the effect of capital and power accumulation. en_US
dc.format.extent 70 p. en_US
dc.format.medium theses en_US
dc.language.iso en en_US
dc.rights Author retains all rights with regard to copyright. en
dc.subject Economic Inequality en_US
dc.subject Capital Rate of return en_US
dc.subject Capital formation en_US
dc.subject Economic growth en_US
dc.subject.lcsh Thesis (M.P.P.A.)--American University in Cairo en_US
dc.title Capital formation, capital rate of return and economic inequality in Middle East and North Africa en_US
dc.type Text en_US
dc.subject.discipline Public Administration en_US
dc.rights.access This item is available en_US
dc.contributor.department American University in Cairo. Dept. of Public Policy and Administration en_US
dc.description.irb American University in Cairo Institutional Review Board approval is not necessary for this item, since the research is not concerned with living human beings or bodily tissue samples. en_US
dc.contributor.committeeMember Barsoum, Ghada
dc.contributor.committeeMember Buhiyan, Shahjahan

Files in this item


This item appears in the following Collection(s)

  • Theses and Dissertations [1787]
    This collection includes theses and dissertations authored by American University in Cairo graduate students.

Show simple item record