The impact of financial integration on economic growth Case of Maghreb countries
Journal Title: Archives of Business Research - Year 2017, Vol 5, Issue 3
Abstract
The relationship between financial integration and economic growth is a vital subject. Many empirical and theoretical works affirmed that financial integration could help countries to increase their growth rate and ameliorate their life quality. The target of this work is to study financial integration effects of thirty-five years, from January 1981 until December 2014, on economic growth of the three Maghreb countries (Algeria, Morocco and Tunisia) using the ARDL approach to cointegration testing. Estimations results indicate that financial integration affects positively the economic growth of the Maghreb countries.
Authors and Affiliations
Saoussen Kouki, Sami Rezgui
The Case of Alternative Versus Traditional Financing: A Literature Review
Receiving a loan from the bank has in the recent decades become a more difficult procedure with a gradually worsening percentage rate of loan application successes. Small and commercial banks are faced with several exter...
An Empirical Investigation of The Exchange Rate Pass-Through To Domestic Prices in Nigeria “Exchange Rate Pass-Through To Domestic Prices”
The sensitivity of prices to fluctuations in the nominal exchange rate of the Nigeria’s currency has become a prominent subject for business and policy makers. The persistent depreciation in exchange rate and high domest...
Financial Risk Management And Corporate Performance Of Deposit Money Banks In Nigeria
Effective risk management system will minimize the complexities involved in planning, executing and controlling overall running of a business which is critical to success and this maximizes profitability in a business. T...
Export Promotion Schemes and Export Performance in the East African Community: A Comparative Analysis
This study analyzed the impact of various fiscal incentives (export promotion schemes) in the East African Community on promoting exports in the region. The schemes in place are; the manufacturing under bond scheme, expo...
Review of Financial Vulnerability Studies
Financial vulnerability has become an emerging concern to many parties and a number of factors in households’ financial vulnerability are believed to influence households’ financial well-being. Financial vulnerability is...