Showing 1 - 10 of 38
Persistent link: https://www.econbiz.de/10009615318
A healthy and dynamic financial sector is essential to achieving high and sustainable economic growth in the Maghreb … region-Algeria, Libya, Mauritania, Morocco, and Tunisia. Financial integration within the Maghreb region will help deepen … role for the global financial integration of the Maghreb region. This paper provides an overview of the financial systems …
Persistent link: https://www.econbiz.de/10014400223
This paper analyzes export performance in the Middle East and North Africa (MENA) using a gravity model applied to panel data. It addresses two questions: (i) are there significant unexploited export markets for the MENA region?; and (ii) have integration efforts with the EU since the mid-1990s...
Persistent link: https://www.econbiz.de/10014400851
This paper explores the link between exchange rate volatility of European currencies and economic performance of several countries in the Middle East and North Africa (MENA). The elimination of intra euro-zone exchange rate volatility resulting from the introduction of the euro is estimated to...
Persistent link: https://www.econbiz.de/10014401053
This paper identifies and documents the properties of output gap recessions and recoveries in the Middle East, North Africa, and Pakistan (MENAP) during the 1980 to 2008 period. It goes on to investigate the key determinants of the recoveries. The duration of MENAP countries’ recessions and...
Persistent link: https://www.econbiz.de/10014402721
Inflation followed a strikingly uniform pattern in all countries of the Middle East, North Africa, and Central Asia during the period 1996-2009, falling until about 2000 and then rising. International fuel prices do not help explain this pattern. This conclusion is robust even when different...
Persistent link: https://www.econbiz.de/10014402865
This paper analyzes the relationship between oil price shocks and bank profitability. Using data on 145 banks in 11 oil-exporting MENA countries for 1994-2008, we test hypotheses of direct and indirect effects of oil price shocks on bank profitability. Our results indicate that oil price shocks...
Persistent link: https://www.econbiz.de/10014403068
The Founding Treaty of the Arab Maghreb Union (AMU), signed in February 1989, calls for a strengthening of all ties …
Persistent link: https://www.econbiz.de/10014396213
This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance-sending countries, to the public finances of remittance-receiving countries. Using panel data for remittance-receiving countries in the Middle East, North Africa, and Central Asia,...
Persistent link: https://www.econbiz.de/10014396631
Based on data collected on a wide range of financial sector indicators, new indices of financial development for countries in the Middle East and North Africa (MENA) are constructed, encompassing six themes: development of the monetary sector and monetary policy, banking sector development,...
Persistent link: https://www.econbiz.de/10014399612