International financial integration of Mediterranean economies: A bird’s-eye view
Marga Peeters () and
MPRA Paper from University Library of Munich, Germany
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.
Keywords: financial integration; international finance; financial stability; international capital flows; stock exchanges; bond markets; cross-border banking; exchange rates (search for similar items in EconPapers)
JEL-codes: G11 F3 O16 F21 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:38081
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