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Introduction

In: Monetary Policies, Banking Systems, Regulatory Convergence, Efficiency and Growth in the Mediterranean

Author

Listed:
  • Rym Ayadi

    (Centre for European Policy Studies)

  • Sami Mouley

    (University of Tunis)

Abstract

Monetary policies and international standards and norms on banking regulations have, once again, leaped to the forefront of the policy discussion in developed nations due to the recent crisis in the world’s financial markets. This discussion is far from new, nor does it apply exclusively to the world’s most advanced economies. A stable monetary policy, and a sound and well-enforced regulatory regime, can help developing nations to channel financial resources more efficiently into investments. For open economies, it can also act as a buffer, an important stability factor in today’s shaky market situation.

Suggested Citation

  • Rym Ayadi & Sami Mouley, 2014. "Introduction," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Monetary Policies, Banking Systems, Regulatory Convergence, Efficiency and Growth in the Mediterranean, pages 1-2, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-1-137-00348-5_1
    DOI: 10.1057/9781137003485_1
    as

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