Financial Access and Stability
eBook - PDF

Financial Access and Stability

A Road Map for the Middle East and North Africa

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

Financial Access and Stability

A Road Map for the Middle East and North Africa

About this book

This report contributes to the effort to improve Middle East and North Africa's (MENA's) growth and employment performance by providing a diagnostic of MENA's financial systems and proposing a roadmap for more diversified, competitive, and inclusive financial systems. The report recognizes the need to complement the financial development agenda by a financial stability agenda, to ensure that financial systems remain resilient as access is expanded and new risks emerge. The report starts by briefly reviewing the main causes of MENA's unsatisfactory growth and employment performance, identifying the region's broader growth agenda and the role of financial development in this agenda. It proceeds by reviewing the size and structure of MENA's financial systems, showing that most of these systems are excessively bank based and undiversified. The chapter provides a battery of access indicators showing that access outcomes have been very poor relative to those in other regions. It discusses the main causes of these poor outcomes and proposes a comprehensive agenda for financial development and financial stability. The report emphasizes the many common challenges faced by MENA countries, but it also recognizes the differences and tailors policy recommendations to the initial conditions in each of the main sub regions.

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Yes, you can access Financial Access and Stability by Roberto R. Rocha, Zsofia Arvai, Subika Farazi in PDF and/or ePUB format, as well as other popular books in Business & Finance. We have over one million books available in our catalogue for you to explore.

Information

Publisher
World Bank
Year
2011
eBook ISBN
9780821388358
Topic
Business
Subtopic
Finance
Index
Business

Table of contents

  1. Contents
  2. Foreword
  3. Acknowledgments
  4. Abbreviations
  5. Overview
  6. Chapter One: Introduction
  7. Chapter Two: The Impact of the Global Financial Crisis and Regional Political Instability on Regional Financial Systems
  8. Chapter Three: The Size and Structure of Regional Financial Systems
  9. Chapter Four: Do Financial Systems in the Region Provide Access?
  10. Chapter Five: Main Factors Limiting Access to Finance
  11. Chapter Six: Financial Infrastructure
  12. Chapter Eight: Why Have Nonbank Financial Institutions Not Developed in the Region?
  13. Chapter Nine: Capital Markets
  14. Chapter Ten: An Agenda for Financial Development with Financial Stability
  15. Appendixes
  16. Boxes
  17. Figures
  18. Tables