Financial Sector Reforms and Prospects for Financial Integration in Maghreb Countries
May 1, 2007
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Summary
A healthy and dynamic financial sector is essential to achieving high and sustainable economic growth in the Maghreb region-Algeria, Libya, Mauritania, Morocco, and Tunisia. Financial integration within the Maghreb region will help deepen financial markets, increase their efficiency, and enhance the resilience of economies to shocks. It can also play a catalyst role for the global financial integration of the Maghreb region. This paper provides an overview of the financial systems, takes stock of the reform effort and highlights the challenges ahead, and examines the prospects for financial integration in the five Maghreb countries.
Subject: Banking, Commercial banks, Financial integration, Payment systems, State-owned banks
Keywords: banking system, capital account, exchange rate, financial system, monetary policy, WP
Pages:
57
Volume:
2007
DOI:
Issue:
125
Series:
Working Paper No. 2007/125
Stock No:
WPIEA2007125
ISBN:
9781451866896
ISSN:
1018-5941
