Financial Development and Growth in the Middle East and North Africa

Financial Development and Growth in the Middle East and North Africa

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In this study, the authors assess financial sector development in the MENA regionand propose several policy measures, which include reinforcing the institutional environment and promoting nonbank financial sector development, to enhance this sector's performance.Often, the answer is government-imposed restrictions and price distortions on the financial sector, mainly so that it can use the financial system as ... Research also supports the thesis that financial sector development boosts economic growth.


Title:Financial Development and Growth in the Middle East and North Africa
Author: Susan Creane, Ahmed Mushfiq Mobarak, Randa Sab
Publisher:International Monetary Fund - 2003-09-05
ISBN-13:

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