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International financial integration of Mediterranean economies : A bird’s-eye view

Peeters, Marga and Sabri, Nidal Rachid (2012): International financial integration of Mediterranean economies : A bird’s-eye view.

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Abstract

In light of the unprecedented developments in the financial sectors of developed economies in the years 2008-2009 and in view of the current political Arab upheaval, this paper reviews the pros and cons of financial integration of the South-Mediterranean region. Our analyses includes Morocco, Algeria, Tunisia, Libya, Egypt, Palestine, Jordan, Lebanon and Syria. It focuses on financial integration indicators, as well as financial stability, and compares the South-Mediterranean region with other regions worldwide.

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