Financial Integration A Focus on the Mediterranean Region [Paperback]

The Arab upheaval?and the world's biggest financial crisis after the Great Depression were almost simultaneous in their occurrence. The Mediterranean economies?now face a dual challenge of a political and financial restructuring in the light of a shaky?economic pedestal on which they stand. In light of this?socio-political and economic?shift in?both?inland and in?world markets, this book offers a thorough analysis on problems, prospects and the way ahead for the financial integration of the South-Mediterranean region. Several perspectives on financial integration and policy recommendations?are put forward?from a leading group of researchers specializing on the Mediterranean region.Featuring contributions by leading researchers specializing in the region, this book offers a comprehensive analysis of the problems, prospects and pitfalls in the financial integration of the South-Mediterranean region, and expert insight on the way forward.Introduction.- Monetary Policy Issues.- Fiscal Issues.- Financial Markets.- Banking.- Social Aspects and Trade Integration.

Marga Peeters organized the MRM workshop and wrote this chapter while she was a Research Fellow at the Netherlands Institute for Advanced Study (NIAS) of the Royal Netherlands Academy of Arts and Sciences (KNAW). She gained research and policy experience as Senior Economist at the European Commission, Resident Monetary Policy advisor of the International Monetary Fund (IMF) at the Banka e Shqip?ris? in Albania, Assistant Manager in the Scientific and Econometric Research Department of De Nederlandsche Bank, Post-Doc Research Fellow at the Banco de Espa?a, University of Warwick, Universit? Catholique de Louvain and the Centre de la Recherche en Economie et Statistique. She holds a PhD in applied econometrics from Maastricht University and a MSc in applied econometrics from Tilburg University. Contact details huberlÃ2