Showing 1 - 6 of 6
There is a worldwide growing effort to reforming and privatizing banking systems. The main motivation behind such trend has been that public ownership of banks tends to be associated with financial repression, poorly developed banking system, higher interest rate spreads, slower financial...
Persistent link: https://www.econbiz.de/10009641894
This paper assesses the mortgage and housing finance market in various MENA countries, in an attempt to identify the main impediments. The approach followed involves critical analyses through reviewing the economic and political conditions for a successful mortgage finance system, as well as the...
Persistent link: https://www.econbiz.de/10009642171
This paper assesses the financial leasing industry and its role in enhancing financial intermediation in various MENA countries. The approach followed involves critical and comparative analyses of financial indicators, as well as review of legal, regulatory, and institutional frameworks in the...
Persistent link: https://www.econbiz.de/10009642125
Sound Estimates of equilibrium exchange rate have become a cornerstone for any country that adopts an outward oriented macroeconomic management policy. This paper attempts to construct an index for Egypt's Equilibrium Real Exchange Rate (ERER) for the period 1970-2001 so that misalignment...
Persistent link: https://www.econbiz.de/10009642049
This paper attempts to shed some light on the problems and prospects of trade liberalization in financial services for selected Arab countries. The paper starts by considering the background of GATT and the case for trade liberalization. It then highlights the case of the Uruguay Round with...
Persistent link: https://www.econbiz.de/10009642111
This paper discusses the reasons for state intervention in the financial sector in Egypt and analyzes major tools of intervention such as setting ceilings on interest rates, imposing high reserve requirements, developing directed credit schemes and intervention in the portfolio composition of...
Persistent link: https://www.econbiz.de/10009642132