Financial Sector Reforms in Algeria, Morocco, and Tunisia: A Preliminary Assessment

Author/Editor:

Abdelali Jbili

Publication Date:

July 1, 1997

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper reviews and assesses the financial sector reforms in Algeria, Morocco and Tunisia. After a description of the financial sector before reforms, it explains the main features of the comprehensive reform process in each country. It also reviews the sequencing of reforms and discusses econometric evidence of the impact of the reforms on saving in each of the three countries. Subsequently, the paper sets out remaining issues to be addressed in the three countries, including a further strengthening of the banking system and development of financial instruments and markets.

Series:

Working Paper No. 1997/081

Subject:

English

Publication Date:

July 1, 1997

ISBN/ISSN:

9781451955170/1018-5941

Stock No:

WPIEA0811997

Pages:

38

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