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Monetary policies, banking systems, regulatory convergence, efficiency and growth in the Mediterranean / Rym Ayadi and Sami Mouley

By: Ayadi, Rym [author].
Contributor(s): Mouley, Sami [author].
Series: Publisher: Basingstoke, Hampshire Palgrave Macmillan, 2014Copyright date: ©2014Description: xii, 283 pages : illustrations ; 23 cm.Content type: still image | text Media type: unmediated Carrier type: volumeISBN: 9781137003478 (hbk) :.Subject(s): Banking law -- Mediterranean Region | Economic development -- Mediterranean region | Banks and banking -- Mediterranean Region | Monetary policy -- Mediterranean RegionGenre/Form: Print books.DDC classification: 332.1091822 Summary: Monetary policies and international standards and norms on banking regulations have, once again, come to the forefront of the policy discussion in developed nations due to the crisis in the world's financial markets. A stable monetary policy and a sound and well enforced regulatory regime can help developing nations allocate financial resources more efficiently into investment. For open economies it cal also act as a buffer, an important stability factor in today's shaky market environment. This book assesses the challenges that central banks face in monetary policies and maintaining their independence. It explores banking systems and examines the impact of monetary policy and banking sector regulations on bank efficiency and economic growth in the Southern and Eastern Mediterranean, at the same time investigating the level of convergence in regulatory and supervisory practice to EU Mediterranean systems. Book jacket
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Formerly CIP. Uk

Includes bibliographical references (pages 234-258) and index

Monetary policies and international standards and norms on banking regulations have, once again, come to the forefront of the policy discussion in developed nations due to the crisis in the world's financial markets. A stable monetary policy and a sound and well enforced regulatory regime can help developing nations allocate financial resources more efficiently into investment. For open economies it cal also act as a buffer, an important stability factor in today's shaky market environment. This book assesses the challenges that central banks face in monetary policies and maintaining their independence. It explores banking systems and examines the impact of monetary policy and banking sector regulations on bank efficiency and economic growth in the Southern and Eastern Mediterranean, at the same time investigating the level of convergence in regulatory and supervisory practice to EU Mediterranean systems. Book jacket

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