Effects of financial liberalization on the stability of the financial system and the level of financial development- Reference to the Algerian case
Keywords:
financial repression, financial liberalization, financial development, financial stabilityAbstract
The aim of this study is to provide a systematic analysis of the range of questions which have been raised in the literature with respect to financial liberalization. More specifically, our study focuses on :
The first, analyzing the effect of financial liberalization on both of the saving and investment.
The second, shedding light on the negatives effects of financial liberalization in effective demand, financial stability and the role of informal intermediation (Financial dualism).
References
-Audrey chouchane verdier , liberalisationfinanciere et croissance économique, l'harmatlan 2001.
- Christopher Towe et Daniela Gressani, Rapport du FMI No. 14/161. ALGÉRIE évaluation de la stabilité du système financier. 2014.
-Cupta and Robert Lensink, Financial liberalization and Investment, by Routledge, New York, 1996.
- Douglas W. Arner, Financial stability . Economicgrowth , and the role of law, cambridgeuniversitypress, 2007.
- Hassan Ayoub, les reforme du système financier libanaiscontribuent – elle à améliorer son efficacité, (travaux de recherche N° 2003-E-01-02/2003. site :
www.univ-orleans.fr/deg/GDRecomofi/activ/ayoub_birmingham.pdf.
- Philip Arestis , financial liberalization and relationship between finance and growth, (working paper n° 05/05 university of Cambridge, June 2005. Site: www.landecom.cam.ac.uk/research/reuag/ccepp/pdf/wp0505.pdf.
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.