خلاصة:
Economic transparency will lead to economic stability and corruption decline. Thus the shortage of transparency mechanisms, laws and procedures will raise corruption and make it tough to cutout corruption. Also, loss of transparency in financial and economic system creates to instability, inappropriate allocation of resources, the boom of injustice and inequality and as a result paves the way for all sorts of financial and economic corruption and misuse.
The greater transparency economic growth, the lower the cost of entry into economics and accordingly with rising economic competitiveness, the condition for development and economic growth will be advanced. So, considering the vital role of transparency in economics, this study first explores transparency and corruption then with the panel data, looks at the relation between economic transparency and economic growth in Middle East countries over the last 13 years (2003-2015). In other words, this paper aims to show how the transparency variable influences economic growth. The specific purpose is to find out whether there is a positive or negative connection between transparency and economic advancement in the countries under investigation.
The results of the research show that the relation between transparency and economic growth in the Middle East countries is direct and significant. Also the relation between gross capital formation and labor force participation is direct and significant with the economic growth of these countries.
ملخص الجهاز:
"Delangizan et al (2013) use the combined data of the Corruption Perceptions Index, an indicator of economic freedom and economic growth rate to survey the influence of financial corruption on second variable in the form of a dynamic data panel model using generalized moments in 156 samples from different countries in 2000-2011.
In this study, the researcher analyzes global data by reviewing the statistics of the countries of the world with political and economic indicators and presenting five hypotheses with the model of the five indicators of political transparency, the consequences show that the political clarity has a direct relation with economic growth in different countries in 2000 and 2012.
The present research studies the effects of corruption on economic growth in the MENA region using the International Transparency Corruption Perceptions Index and two data panels for the countries of North Africa and the Persian Gulf between 2003 and 2013.
Thus, according to the above description, the research model can be specified as follows: / (2) In the above equation GDP represents an indicator of economic growth, GCF variable capital formation as a percentage of GDP, LFP is the labor force participation as a percentage of the total population over 15 years of age, CPI is an indicator of corruption perception as a part of lack of transparency/corruption and HDI is the Human Development Index, also / is considered as an error term."