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

Marga Peeters and Nidal Sabri

MPRA Paper from University Library of Munich, Germany

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.

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: F21 F3 G11 O16 (search for similar items in EconPapers)
Date: 2012-03-27
New Economics Papers: this item is included in nep-ara
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:38081

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