b6ed077f2723fd2898a8d24eaff81d6f
Savez ekonomista Vojvodine
Panoeconomicus
1452595X
2008
55
3
369
381
10.2298/PAN0803369A
eng
1452-595X0803369A
Financial reforms in the MENA region, a comparative approach: The case of Tunisia, Algeria, morocco and Egypt
Alouani Ahmed
The financial reform is one of the most important reforms prescribed by the Washington Consensus. With its internal and external components, it occurs in the final stages of the process of economic liberalization. In this work, and after listing, briefly, the causes of financial liberalization, we are going to study in a second section financial development and bank performance in four countries of the MENA region: Tunisia, Algeria, Morocco and Egypt. In this context, we will explore some criteria for determining if the banking sector is performing as the level of intermediation margins, the state of the banking service, and so on. The third section will be subject to an assessment of financial liberalization since the start of reforms to the present day, while focusing on the impact of liberalization on the investment, savings, capital entry, and so on. Our conclusion will be in the form of recommendations aimed at showing that overall reforms, significant progress have been made in recent years but much remains to be done.
http://www.doiserbia.nb.rs/img/doi/1452-595X/2008/1452-595X0803369A.pdf
financial reforms
causes
banking performance
MENA
liberalization effects
1452595X-20110713-153546.zipb6ed077f2723fd2898a8d24eaff81d6f.pdfPDF1.4