Financial Sector Reforms in Algeria, Morocco, and Tunisia: A Preliminary Assessment

Jbili, Abdelali; Enders, K.; Treichel, Volker

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Financial Sector Reforms in Algeria, Morocco, and Tunisia: A Preliminary Assessment

IMF Working Paper No. 97/81

38 Pages Posted: 15 Feb 2006

See all articles by Abdelali Jbili

Volker Treichel

International Monetary Fund (IMF) - African Department

Date Written: July 1997

Abstract

This paper reviews and assesses the financial sector reforms in Algeria, Morocco and Tunisia. After a description of the financial sector before reforms, it explains the main features of the comprehensive reform process in each country. It also reviews the sequencing of reforms and discusses econometric evidence of the impact of the reforms on saving in each of the three countries. Subsequently, the paper sets out remaining issues to be addressed in the three countries, including a further strengthening of the banking system and development of financial instruments and markets.

JEL Classification: E44, E52, N25

Suggested Citation: Suggested Citation

Jbili, Abdelali and Enders, Klaus-Stefan and Treichel, Volker, Financial Sector Reforms in Algeria, Morocco, and Tunisia: A Preliminary Assessment (July 1997). IMF Working Paper No. 97/81, Available at SSRN: https://ssrn.com/abstract=882369