Convergence of bank regulations on international norms in the Southern Mediterranean
Convergence of bank regulations on international norms in the Southern Mediterranean

Impact on bank performance and growth

Author(s): Rym Ayadi, Emrah Arbak, Barbara Casu Lukac, Mohammed Yazid Boumghar, Jawad Kerdoudi, Moez Labidi, Sami Ben Naceur
Subject(s): Politics / Political Sciences, Politics, Social Sciences, Economy, Business Economy / Management, Sociology, Economic policy, Evaluation research, Economic development, Financial Markets
Published by: CEPS Centre for European Policy Studies
Keywords: Convergence of bank regulations; International norms; Southern Mediterranean; Bank performance; North Africa;
Summary/Abstract: 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 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.

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