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.

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: financial integration; international finance; financial stability; international capital flows; stock exchanges; bond markets; cross-border banking; exchange rates
• Subjects: G - Financial Economics > G1 - General Financial Markets > G11 - Portfolio Choice ; Investment Decisions; F - International Economics > F3 - International Finance; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O16 - Financial Markets ; Saving and Capital Investment ; Corporate Finance and Governance; F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment ; Long-Term Capital Movements

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