Kammoun, Aida; Trabelsi, Abdelwahed; Mamoghli, Chokri - In: Review of Economics & Finance 1 (2011) November, pp. 57-70
Financial systems in developing countries are generally characterized by under-developed financial markets; they are dominated by commercial banks. This was the case of Tunisia, which, by adopting financial reforms, sought to make a dynamic financial market in order to insure a transition from...