This MEDPRO Technical Report shows that the monetary and exchange rate policies conducted by central banks in the south Mediterranean region display apparent homogeneity in their operational frameworks, albeit with some specificities and differing degrees of advancement. While central banks...

Stabilizing the exchange rate is a major monetary policy goal in a number of Mediterranean countries. We present a microstructure model of the foreign exchange market based on technical trading that allows us to categorize de facto exchange rate regimes and to derive a market based measure of...

"Politics rules. Whether we like it or not, we are subject to politics wherever we go and whatever we are doing. Development is always and everywhere political, and frequently occurs with the interests of the powerful at the forefront. Can we hope to better understand the politics that shapes...