Financial reforms and financial development in Arab countries
العناوين الأخرى
اصلاحات المالية و التطور المالي في الدول العربية
المؤلفون المشاركون
Bin Tahir, Nawal
Berthelemy, Jean-Claude
المصدر
Journal of Development and Economic Policies
العدد
المجلد 7، العدد 1 (31 ديسمبر/كانون الأول 2004)36ص.
الناشر
تاريخ النشر
2004-12-31
دولة النشر
الكويت
عدد الصفحات
36
التخصصات الرئيسية
الموضوعات
الملخص EN
This paper examines the development of financial sectors in Arab countries initiated in the 1980s after more than a decade of reforms.
Overall, in spite of reforms, progresses have been limited in the countries surveyed.
One theoretical explanation of this observation is that there are multiple equilibriums in financial development.
After many years of financial repression, Arab countries which have started liberalizing their financial sectors, were initially trapped in a low-level equilibrium, and this may explain why progress so far obtained, have been minimal.
A critical mass of change was needed to escape the financial underdevelopment equilibrium.
This critical mass of change implies deep structural changes in the financial sector, including in particular, the de-controlling and privatization of the banking activity.
However, such financial liberalization could not be successfully implemented without improvement in the institutional setting, through improved financial infrastructure and legal framework.
In addition, for lack of deep or fast enough strengthening of the prudential requirements and supervision, authorities have been confronted with a trade-off between financial liberalization and financial stability, and therefore, as a consequence, delayed and mitigated liberalization measures.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
Berthelemy, Jean-Claude& Bin Tahir, Nawal. 2004. Financial reforms and financial development in Arab countries. Journal of Development and Economic Policies،Vol. 7, no. 1.
https://search.emarefa.net/detail/BIM-7656
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
Berthelemy, Jean-Claude& Bin Tahir, Nawal. Financial reforms and financial development in Arab countries. Journal of Development and Economic Policies Vol. 7, no. 1 (Dec. 2004).
https://search.emarefa.net/detail/BIM-7656
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
Berthelemy, Jean-Claude& Bin Tahir, Nawal. Financial reforms and financial development in Arab countries. Journal of Development and Economic Policies. 2004. Vol. 7, no. 1.
https://search.emarefa.net/detail/BIM-7656
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
Includes bibliographical references
رقم السجل
BIM-7656
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر