Proceedings of the International Conference on Multidisciplinary Research in Management and Economics (ICMRME 2025)

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Economic Growth in Times of Drought: The Pivotal Role of Political Institutions

Authors
Merwan Aatany1, *, Essaid Tarbalouti2, Nahid Alaamri3, Abir El Aidi4
1PhD Student, Faculty of Law, Economic and Social Sciences (FSJES), CADI AYYAD University, Marrakech, Morocco
2Professor of Economics, Faculty of Law, Economic and Social Sciences (FSJES), CADI AYYAD University, Marrakech, Morocco
3Doctor in Economics (FSJES), CADI AYYAD University, Marrakech, Morocco
4PhD Student, Faculty of Law, Economic and Social Sciences (FSJES), CADI AYYAD University, Marrakech, Morocco
*Corresponding author. Email: merwan.aatany@ced.uca.ma
Corresponding Author
Merwan Aatany
Available Online 17 November 2025.
DOI
10.2991/978-94-6463-892-9_36How to use a DOI?
Keywords
Economic growth; Political institutions; International trade; geography; Econometric analysis
Abstract

In a world increasingly marked by drought and water stress since the early 2000s, both developing and developed nations face significant economic challenges due to successive climatic crises. This study investigates the principal factors influencing economic growth, highlighting the roles of political institutions, international trade, and geography within the context of drought. Utilizing an econometric analysis with a fixed-effects model tailored to panel data from 2002 to 2016, we demonstrate that political institutions exert a more substantial influence on economic growth than international trade and geography.

The results indicate that robust political institutions significantly foster economic growth. While international trade enhances productivity and specialization, its impact remains less significant without a solid institutional framework. Geographical factors, on the other hand, influence economic growth indirectly. This research underscores the critical importance of political institutions for sustainable economic development. It concludes that strengthening institutional structures is essential for achieving sustainable economic growth, particularly in the face of environmental challenges such as drought. Therefore, it is recommended that policymakers focus on institutional reforms alongside trade policies to bolster economic resilience and long-term development.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Multidisciplinary Research in Management and Economics (ICMRME 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
17 November 2025
ISBN
978-94-6463-892-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-892-9_36How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Merwan Aatany
AU  - Essaid Tarbalouti
AU  - Nahid Alaamri
AU  - Abir El Aidi
PY  - 2025
DA  - 2025/11/17
TI  - Economic Growth in Times of Drought: The Pivotal Role of Political Institutions
BT  - Proceedings of the International Conference on Multidisciplinary Research in Management and Economics (ICMRME 2025)
PB  - Atlantis Press
SP  - 607
EP  - 627
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-892-9_36
DO  - 10.2991/978-94-6463-892-9_36
ID  - Aatany2025
ER  -