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Notes Published by Palgrave Macmillan, this book assesses the new challenges facing monetary policies and the independence of central banks in the Mediterranean. It explores regulatory convergence in banking and examines the impact of monetary policy and bank sector regulation on bank efficiency and economic growth in the Southern and Eastern Mediterranean. The analysis of this book shows how the conduct of monetary policy in conjunction with regulation can impact bank efficiency and economic growth. The book could serve as a key manual for central banks and ministries of finance in developing countries to ensure that monetary policy and regulation are conducive to further growth and development.

Rym Ayadi is Senior Research Fellow and Head of Research at the Financial Institutions, Prudential Policy and Tax Unit at the Centre for European Policy Studies. Sami Mouley is Professor at the High School for Economic and Commercial Sciences, Tunis where he teaches monetary macroeconomics and international finance. He is also Director of the CEFI research lab (Croissance Economique et Finance Internationale).

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