Crude Oil Prices and Banks Performance in the Arab Maghreb Countries (Algeria - Libya - Tunisia - Morocco) PDF Download
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Author: Fatma Bennaceur
Publisher:
ISBN:
Category :
Languages : en
Pages : 10
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Book Description
In the theoretical background, the profitability and performance of the banking sector will decrease in oil exporter countries; if crude prices fall; because these countries will suffer from falling revenues, unemployment rates rise and economic growth slow. This paper examines the relationship between oil prices and the performance of banks. Using the regression model, with unbalanced panel data analysis at the level of four Arab Maghreb countries (Algeria - Libya - Tunisia - Morocco), over the period of 1997-2013. Our results indicate that, there is a negative relationship, significant between oil prices and profitability (NIM, ROAA); and a significant negative relationship between inflation and profitability (NIM, ROAA) of the banking sectors, in the Arab Maghreb countries in the study.The relationship between oil prices and loans is positive and not significant. There is a relationship between GDP and profitability (NIM, ROAA) of the banking sectors, in the Arab Maghreb countries is positive and not significant.This results not change under the three methods POLS, fixed effects and random effects. The acceptance of random effects models shows that, the relationship varies from one country to another, due to the different characteristics of each economy and varied under time.
Author: Fatma Bennaceur
Publisher:
ISBN:
Category :
Languages : en
Pages : 10
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Book Description
In the theoretical background, the profitability and performance of the banking sector will decrease in oil exporter countries; if crude prices fall; because these countries will suffer from falling revenues, unemployment rates rise and economic growth slow. This paper examines the relationship between oil prices and the performance of banks. Using the regression model, with unbalanced panel data analysis at the level of four Arab Maghreb countries (Algeria - Libya - Tunisia - Morocco), over the period of 1997-2013. Our results indicate that, there is a negative relationship, significant between oil prices and profitability (NIM, ROAA); and a significant negative relationship between inflation and profitability (NIM, ROAA) of the banking sectors, in the Arab Maghreb countries in the study.The relationship between oil prices and loans is positive and not significant. There is a relationship between GDP and profitability (NIM, ROAA) of the banking sectors, in the Arab Maghreb countries is positive and not significant.This results not change under the three methods POLS, fixed effects and random effects. The acceptance of random effects models shows that, the relationship varies from one country to another, due to the different characteristics of each economy and varied under time.
Author: Mr.Alexei P Kireyev
Publisher: International Monetary Fund
ISBN: 1484378377
Category : Business & Economics
Languages : en
Pages : 47
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Book Description
Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their total trade, substantially lower than in all other regional trading blocs around the world. Geopolitical considerations and restrictive economic policies have stifled regional integration. Economic policies have been guided by country-level considerations, with little attention to the region, and are not coordinated. Restrictions on trade and capital flows remain substantial and constrain regional integration for the private sector.
Author: Mr.Hamid R Davoodi
Publisher: International Monetary Fund
ISBN: 9781589062290
Category : Business & Economics
Languages : en
Pages : 44
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Book Description
The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.
Author: Jos R. L pez-C lix
Publisher: World Bank Publications
ISBN: 0821380753
Category : Political Science
Languages : en
Pages : 368
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Book Description
Over the past decade, four major developments in global economic integration have shaped trade policy and the economic performance of countries within the Middle East and North Africa region: the emergence of global supply chains, the growth of trade in services, the rise of China and India as major international trading powers, and regional integration. These developments, along with the labor and natural resource endowments of particular countries (some are resource-poor but labor-abundant, some resource-rich and labor-abundant, and some resource-rich and labor-importing), have influenced export diversification outcomes across the region. Yet these countries may not be taking full advantage of all of the opportunities the four new trends offer to them. 'Trade Competitiveness of the Middle East and North Africa: Policies for Export Diversification' examines the region's trade policy agendas and their results by focusing on the countries' response to these four key developments in international trade. As the region recovers from the global financial and economic crises, the book identifies reforms that could allow countries to further strengthen global production networks, benefit more from trade in services, better compete in external markets to face the rise of China and India, and reach the full potential of regional integration. If thoroughly implemented, especially by oil exporters, all of these reforms could help boost growth and job creation in the region.
Author: European Investment Bank
Publisher: European Investment Bank
ISBN: 9286138482
Category : Business & Economics
Languages : en
Pages : 297
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Book Description
In its fourth edition, this report focuses on recent developments in Africa's banking sectors and the policy options for all stakeholders. The study of banking sectors across all African sub-regions includes the results of the EIB survey of banking groups operating in Africa. Three thematic chapters address challenges and opportunities for financing investment in Africa: Crowding out of private sector lending by public debt issuance The state of bank recovery and resolution laws in Africa Policy options on how to finance infrastructure development. The report finds that in many African banking markets, the last two years saw a pause in financial deepening. However, a rising share of banking groups report improving market conditions and plan a structural expansion of their operations in Africa and a continued push for new technologies.
Author: Mr.Simon T Gray
Publisher: International Monetary Fund
ISBN: 1475590563
Category : Business & Economics
Languages : en
Pages : 176
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Book Description
This paper documents the main themes covered in two seminars (December 2011 and September 2012) on monetary policy and implementation at the IMF—Middle East Center for Economics and Finance, and includes country case studies. Against the backdrop of the global financial crisis and swings in cross-border capital flows, operational frameworks have become more flexible, and liquidity management has impacted the relationship between the policy rate corridor and market rates. The balance sheet structure of central banks in the Middle East and North Africa (MENA) shows differences between oil exporters and others, while a few countries have exhibited notable changes since early 2011. Collateral now has a significant financial stability function. Although only one MENA country is part of the G20, implementation of the Basel III bank capital adequacy and liquidity rules will most likely impact banks’ way of doing business in MENA countries, even if indirectly.
Author: International Development Research Centre (Canada)
Publisher: IDRC
ISBN: 0889369305
Category : Business & Economics
Languages : en
Pages : 294
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Book Description
Research for Development in the Middle East and North Africa
Author: Ahmed Galal
Publisher: Mena Development Report
ISBN:
Category : Business & Economics
Languages : en
Pages : 388
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Book Description
"Education is a powerful force that can speed up economic growth, improve income distribution, facilitate social mobility, and reduce poverty. It can also improve the quality of life for citizens by contributing to longer life expectancy, lower fertility and infant mortality rates, and a more cohesive national identity. However, none of these positive outcomes are automatic. All too often, investment in education generates low returns to the individuals involved and society at large. Thus, while investment in education is a necessary condition for faster development and prosperity, it is by no means sufficient. This MENA flagship report explores whether past investments in education in the region have generated their maximum economic returns, and, if not, why they have failed to do so. Ultimately, the answers to these questions are being sought to help policymakers chart more fruitful strategies in the future." -- Overview (p. 1).
Author: MissCatriona Purfield
Publisher: International Monetary Fund
ISBN: 148436855X
Category : Business & Economics
Languages : en
Pages : 123
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Book Description
This publication brings together a set of IMF papers that prepared as backgrounds for the various sessions of the conference and will help put into broader dissemination channels the results of this important conference. An official IMF publication is well disseminated into academic and institutional libraries and book channels. The IMF metadata will also make the conference papers more discoverable online.
Author:
Publisher: World Bank Publications
ISBN: 0821377779
Category : Africa, North
Languages : en
Pages : 220
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Book Description
China and India's spectacular economic rise over the last two decades has accelerated their trade and investment flows with the Middle East and North Africa (MENA), particularly with the oil-producing countries. And while these flows are still small, China and India's presence in the region is on the rise. This report focuses on the following questions: what have been evolution and the impact of MENA's trade and investment relations with China and India? what actions can be taken to maximize the benefits from these relations and to enhance MENA's international integration? The main findings indicate that the region as a whole has benefited from the rise of China and India in terms of better terms of trade, significant increases in oil and gas exports, and cheaper imports. However, producers of industrial goods have been negatively-and in a few cases severely-affected by competition with the two Asian countries in both third and domestic markets. While China and India are investing more in MENA, they are contributing very little to job creation or to the transfer and diffusion of technology. Faster growth in the two Asian countries-and the associated higher demand for energy-will increase revenues from oil and the difficult choices associated with their management. For the labor-abundant, non oil-producing countries, competition with China and India will increase. But the lack of competitive manufacturing industries and services, the insufficient attention given in the past to building technological capabilities and promoting openness and entrepreneurship are constraining their ability to respond to competition. They need to accelerate productivity to tackle unemployment, especially among youth. This may require the broader institutional changes seen in China and India-suggesting the importance of a pragmatic reform agenda that can accelerate productivity, trade, and investment in the region.
