Our finding shows that the effect of economic globalization also depends on the country’s level of income. The results indicate that this positive effect is increased in the countries with better-educated workers and well-developed financial systems. Utilizing the generalized method of moments (GMM) estimator within the framework of a dynamic panel data approach, we provide evidence which suggests that economic globalization has statistically significant impact on economic growth in OIC countries. It also investigated whether the growth effect of globalization depends on the income level of countries. Furthermore, the study examined the effect of complementary policies on the growth effect of globalization. This study was carried out to investigate the effect of economic globalization on economic growth in OIC countries.
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