Illinois Global Institute

As the home to the area and global studies centers and thematic programs at the University of Illinois Urbana-Champaign, the Illinois Global Institute is dedicated to fostering an environment where international perspectives are integral to teaching and research.

Center for African Studies * Center for East Asian and Pacific Studies * Center for Global Studies * Center for Latin American and Caribbean Studies * Center for South Asian and Middle Eastern Studies * Center for the Study of Global Gender Equity * European Union Center * LAS Global Studies * Lemann Center for Brazilian Studies * Russian, East European, and Eurasian Center * The Program in Arms Control and Domestic and International Security

 

Financial Development, Corruption and Shadow Economy: Evidence from the MENA Region.

Apr 11, 2023   12:00 - 1:00 pm  
Lecture
Sponsor
CSAMES
Speaker
Brahim Guizani, Assistant Professor, Tunis Business School, University of Tunis
Registration
Registration
Contact
Center for South Asian and Middle Eastern Studies
E-Mail
csames@illinois.edu
Phone
217-265-5016
Views
153
Originating Calendar
Middle East Events

Using MENA countries data between 1996 and 2017, our papers aim to answer two important questions: the first is: what are the impacts of the financial development and the quality of institutions (or corruption levels) on the informal/shadow economy? and the second question is: how the interaction between the financial development and the quality of institution can affect the informality? Our results show that as the financial system deepens, and the quality of institutions improve as the informal economy gives grounds to the formal one. We also find that the interaction between financial development and corruption level has a positive impact on reducing informality only in the countries with low levels of financial development.

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