IMF Working Papers

Financial Sector Reforms and Prospects for Financial Integration in Maghreb Countries

By Juan Sole, Gabriel Sensenbrenner, Amor Tahari, J. E. J. De Vrijer, Marina Moretti, Patricia D Brenner, Abdelhak S Senhadji

May 1, 2007

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Juan Sole, Gabriel Sensenbrenner, Amor Tahari, J. E. J. De Vrijer, Marina Moretti, Patricia D Brenner, and Abdelhak S Senhadji. Financial Sector Reforms and Prospects for Financial Integration in Maghreb Countries, (USA: International Monetary Fund, 2007) accessed November 21, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

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 financial markets, increase their efficiency, and enhance the resilience of economies to shocks. It can also play a catalyst role for the global financial integration of the Maghreb region. This paper provides an overview of the financial systems, takes stock of the reform effort and highlights the challenges ahead, and examines the prospects for financial integration in the five Maghreb countries.

Subject: Banking, Commercial banks, Financial integration, Payment systems, State-owned banks

Keywords: Banking system, Capital account, Exchange rate, Financial system, Monetary policy, WP

Publication Details

  • Pages:

    57

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2007/125

  • Stock No:

    WPIEA2007125

  • ISBN:

    9781451866896

  • ISSN:

    1018-5941

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