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Financial Sector Reforms and Prospects for Financial Integration in Maghreb CountriesAmor TahariInternational Monetary Fund (IMF) Patricia D. BrennerInternational Monetary Fund (IMF) Eric De VrijerInternational Monetary Fund (IMF) Marina MorettiInternational Monetary Fund (IMF) Juan A. SoleInternational Monetary Fund (IMF) Abdelhak SenhadjiInternational Monetary Fund (IMF) - Asia and Pacific Department Gabriel SensenbrennerInternational Monetary Fund (IMF) May 2007 IMF Working Paper No. 07/125 Abstract: 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.
Number of Pages in PDF File: 59 working papers seriesDate posted: June 25, 2007Suggested CitationContact Information
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