Abstract
In this study the macroeconomic fundamentals and structural factors which affect inclusive growth in 16 MENA countries before and after the Global Financial Crisis are investigated. A panel data fixed effects model is used in two time periods: 1996-2007 and 2008-2016. A measure of inclusive growth is defined by integrating economic growth and income inequality. In this way, the relative impacts of GDP per capita growth rate and change in Gini coefficient are accounted for. A wide range of factors such as environmental degradation, macroeconomic stability, fiscal discipline, globalization, human capital, life expectancy, and technological development appear to significantly affect inclusive growth performance in the MENA region.
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