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Featuring contributions by leading researchers specializing in the region, this book offers a comprehensive analysis of the problems, prospects and pitfalls in the financial integration of the South-Mediterranean region, and expert insight on the way forward.

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The Arab upheaval and the world´s biggest financial crisis after the Great Depression were almost simultaneous in their occurrence. The Mediterranean economies now face a dual challenge of a political and financial restructuring in the light of a shaky economic pedestal on which they stand. In light of this socio-political and economic shift in both inland and in world markets, this book offers a thorough analysis on problems, prospects and the way ahead for the financial integration of the South-Mediterranean region. Several perspectives on financial integration and policy recommendations are put forward from a leading group of researchers specializing on the Mediterranean region.

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Introduction.- Monetary Policy Issues.- Fiscal Issues.- Financial Markets.- Banking.- Social Aspects and Trade Integration.

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