Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Role Of Monetary Policy And Banking Sector In Promoting Economic Growth With Reference To Lebanon
Download Role Of Monetary Policy And Banking Sector In Promoting Economic Growth With Reference To Lebanon full books in PDF, epub, and Kindle. Read online Role Of Monetary Policy And Banking Sector In Promoting Economic Growth With Reference To Lebanon ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Role of Monetary Policy and Banking Sector in Promoting Economic Growth with Reference to Lebanon by : Razi Talal Khaddage
Download or read book Role of Monetary Policy and Banking Sector in Promoting Economic Growth with Reference to Lebanon written by Razi Talal Khaddage and published by . This book was released on 2008 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monetary policy has a decisive role in promoting growth in an economy. It is use d to influence the availability and cost of money and credit, and as a mean to p romote not only economic growth, but price stability as well. Tools of monetary policy include open market operations, the discount rate and reserve requirement s. On the other hand, commercial banks can also play a crucial role in growth and d evelopment of the economy. In Lebanon banks constitute a large part of the finan cial system. Banks finance the private sector through loans, and government by i nvesting in Lebanese Treasury Bills. The main idea of the project is to show the importance of monetary policy and ba nking sector in economic development in general, and with reference to Lebanon. Chapter I is an introductory note. Chapter II outlines the conduct of monetary p olicy and its instruments, tools and targets. Chapter III highlights the role of the banking system, by identifying its major trends and directions. Chapter IV discusses the implications of both, banking system and monetary policy, on econo mic growth. Finally Chapter V concludes with policy implications.
Book Synopsis The Role of Monetary Policy and the Banking Sector in Economic Development with Reference to Lebanon by : Abdallah Adnan Jibai
Download or read book The Role of Monetary Policy and the Banking Sector in Economic Development with Reference to Lebanon written by Abdallah Adnan Jibai and published by . This book was released on 2004 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monetary policy has become the central tool of macroeconomic stabilization, and in more and more countries monetary policy is in the hands of an independent central bank which through its various instruments, targets, and goals along wit h the vital interaction of the commercial banking sector are playing a central role in the economic development and growth of the state. Fundamentally, the goals of monetary policy in developing countries do not differ greatly from those in developed ones, in spite of differences in both eco nomic and social structure. But there is likely to be a substantial difference in emphasis on these objectives, namely the promotion of economic growth in the developing countries and the avoidance of inflation in the developed ones. Central banks along with commercial banks in developing countries have the added responsibility of the development of the financial structure by assisting in the creation of institutions specifically designed to encourage the mobilization of savings and to provide development finance. Theref ore, the evaluation of the financial banking system in an economy must be viewed in terms of the extent of its contribution t o capital formation and economic growth.
Book Synopsis The role of the banking sector in the economic process of Lebanon before and after the civil war by : Marco Rettig
Download or read book The role of the banking sector in the economic process of Lebanon before and after the civil war written by Marco Rettig and published by GRIN Verlag. This book was released on 2007-10-27 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examination Thesis from the year 2004 in the subject Business economics - Economic and Social History, grade: 70% / Distinction, School of Oriental and African Studies, University of London (School of Oriental and African Studies (SOAS)/ Economics Department), course: Abschlussarbeit zur Erlangung eines MSc Development Economics, language: English, abstract: This dissertation assesses the role of the banking sector in the Lebanese economy throughout the country’s history with respect to its linkages with the real sector. I thereby focus on the credit market. It is shown that various external and internal factors have led to a credit market development on the supply-side that is not conducive to real sector growth. In particular, the period before the Lebanese civil war is characterised by funds flowing in from other Arab countries, which were not channelled into domestic long term investment but accrued to the trade and services sector or went abroad. Throughout the war and afterwards the share of the private sector in total credit declined substantially as the government crowded out private demand. It is concluded that only a shift of policy with a clear focus on the real sector’s needs can bring about the required economic development.
Book Synopsis Central Banking in Lebanon by : Antoine Edouard Asseily
Download or read book Central Banking in Lebanon written by Antoine Edouard Asseily and published by . This book was released on 1967 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Impact of Financial Sector Development on Economic Growth in Lebanon by : Dima Adel Arakji
Download or read book Impact of Financial Sector Development on Economic Growth in Lebanon written by Dima Adel Arakji and published by . This book was released on 2005 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this present research is to explore the relationship between fina ncial sector development and economic growth. Since financial development is a m ultifaceted concept, the question of whether the development of financial market s leads to economic growth or whether it is more of a consequence of a growing eco nomy is addressed. Moreover, this project examines this central relationship in the context of one economy, that of Lebanon. The project utilizes secondary theoretical and emp irical literature to draw general conclusions on the existing state of thought o n the emphasis of the role of financial development in generating sustained growth. The trend in the literatur e is that the development of financial markets and institutions and a financial system that does a good job of delivering essential services, is a critical part of the growth process and not just a passive response to economic development. Furthermore, Lebanon is specifically examined in terms of its financial structur e, level of financial sector development and economic performance. Primary resea rch is carried out empirically through regression analysis of the effect financi al development plays on the economic development of Lebanon. The results show that in the Lebanese context, financial sector develop ment does in fact have an impact on economic growth. The indicators of financial sector development used in the tests collectively impacted the observed changes in econ omic growth. However, not all of the financial development indicators used were significant, which does not completely conform to the results of the majority of cross- country studies carried out in the literature. Thus, the findings of this paper can be r egarded as being a preliminary step to further investigations. Lastly, the study proposes areas for further research and policy recommendations that the Lebanes e government and key financial sector players should consider in order for the full effects of financial development measures to take form.
Book Synopsis A Central Bank for the Economic Development of Lebanon by : Antoine Edouard Asseily
Download or read book A Central Bank for the Economic Development of Lebanon written by Antoine Edouard Asseily and published by . This book was released on 1966 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Central Bank for the Economic Development of Lebanon by : Antoine Edouard Asseily
Download or read book A Central Bank for the Economic Development of Lebanon written by Antoine Edouard Asseily and published by . This book was released on 1966 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is an analysis and appraisal of the newly established central bank in Lebanon. The Charter granting the privately owned Banque de Syrie et du Liban the privilege of note issue in Lebanon expired on 31st March 1964 and was not renewed, A state owned institution, the Bank of Lebanon, was created to take over the functions of the Issuing Department of the Banque de Syrie et du Liban and was given central banking powers. This was the most important development in Lebanese banking history since the Banking Secrecy Law of 1956. When a central bank is newly established in a developing country, there is always the danger that it will be dominated by traditional notions of central banking, and insufficient regard paid to the particular characteristics of the economy in which it is to operate. The result may well be the establishment of an ineffective central bank. The problem considered here is whether in Lebanon there was a need for a change from the old system, that is whether or not the Banque de Syrie et du Liban was adequate for the requirements of the country, and if not what sort of a change was required. The development and working of the Lebanese banking system is analysed with special reference to the role that might be required of a central bank. Particular emphasis is placed on the significance of the foreign banks and the very active money market which traditionally provided an effective lender of last resort. The problems of economic development in the Lebanon are outlined and in the light of these problems, of the nature of the economy and of the Government's economic plans, the important functions that could well be served by a central bank are discussed. It is concluded that the Beque de Syrie et du Liban, essentially an Issuing Bank, was not adequate for the requirements of the economic development of the country, and that a central bank was needed. But the Bank of Lebanon, as actually constituted will only marginally help in the economic development of the country.
Book Synopsis The Lebanese Economic Growth with Special Reference to Financial Services and Tourism Sectors by : Adnan Ghaleb Halawi
Download or read book The Lebanese Economic Growth with Special Reference to Financial Services and Tourism Sectors written by Adnan Ghaleb Halawi and published by . This book was released on 2004 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth in Lebanon went through three stages in the last four decades: a stage of economic growth in the pre- war period between 1960 and 1974, a stage of economic slowdown followed by destruction in the war period between 197 5 and 1990, and a stage of economic reconstruction in the post- war period between 1991 and 2003. The objective of this project is to introduce the reader into the macroeconomic factors contributing to the growth of the economy in each period w ith a special reference to the role of Tourism and Financial Services Sectors in the g rowth of the economy in the past, present and future. The project begins with a general description of the economic and political scene in Lebanon over the last four de cades. Then in Chapter two, macroeconomic indicators, fiscal and monetary developments over the three stages are discussed in details. Chapter three provides an analys is of the major macroeconomic factors that contributed to the growth of the economy in the three periods. The fourth Chapter deals with the development of the Tourism and Financ ial Services sectors in Lebanon over the last four decades and highlights the role t hese sectors played in economic growth in the past and the role they are expected to play in the future.
Book Synopsis Financial Policy and Economic Growth by : Samir A. Makdisi
Download or read book Financial Policy and Economic Growth written by Samir A. Makdisi and published by . This book was released on 1979-01-01 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Determinants of Bank Lending in Lebanon by : Rana Sami Hadwan
Download or read book Determinants of Bank Lending in Lebanon written by Rana Sami Hadwan and published by . This book was released on 2011 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Lebanese banking system is seen as having a key role for the region's development, by being the entry point for capital inflows in addition to the fact that Lebanon's high fiscal deficits are financed largely by domestic commercial banks. The Lebanese banking sector activity was at the image of buoyant economic conditions in 2009 despite the international financial crisis of 2008 which resulted in the collapse of large financial institutions, the bailout of banks by national governments and downturns in stock markets around the world. Total sector activity, measured by consolidated domestic assets of operating banks in Lebanon grew significantly by US$ 21 billion in 2009 reaching US$ 115.3 billion. In addition, total deposits with commercial banks increased from US$ 6.5 billion at the end of 1992 to US $95.8 billion at the end of 2009. So, Lebanon was immune to the adverse effects of this crisis due to restrictions set by its central bank and far from experiencing a credit crunch, Lebanon witnessed excess money supply and consequently excess lending. Using time series approach, this thesis aims to highlight the determinants of bank lending in Lebanon and their effect on credit volume using data covering the period from 1994-2010. After a brief introduction chapter two will include a related literature on some financial and banking crisis that erupted in the 20th and 21st centuries. Chapter three discusses the main trends and characteristics of Lebanese banking sector along with a theoretical part of monetary policy and the role of the Banque Du Liban (BDL). Chapter four is empirical it will see what variables affect bank lending in Lebanon through a regression analysis using the statistical tool, E-views. Chapter five concludes the project.
Book Synopsis The Bank of Lebanon by : Abdul-Amir Badrud-Din
Download or read book The Bank of Lebanon written by Abdul-Amir Badrud-Din and published by Pinter Publishers. This book was released on 1984 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund. Middle East and Central Asia Dept. Publisher :International Monetary Fund ISBN 13 :1513517058 Total Pages :62 pages Book Rating :4.5/5 (135 download)
Book Synopsis Lebanon by : International Monetary Fund. Middle East and Central Asia Dept.
Download or read book Lebanon written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2019-10-17 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2019 Article IV Consultation with Lebanon highlights that Lebanon’s economic position continues to be very difficult, with very low growth, high public debt and large twin deficits. While financial stability has been maintained, deposit inflows, critical to finance the budget and external deficits, slowed down during the past year, reducing the authorities’ room for manoeuvre. The new government has taken some important policy steps to start the needed policy adjustment, which could help raise confidence among investors and donors. The highest priority is the implementation of a sustainable fiscal adjustment that will bend down the path of the public debt-to-gross domestic product ratio through a combination of revenue and expenditure measures. This needs to be complemented by structural reforms and concessionally financed investment to raise Lebanon’s growth potential and help external adjustment, as well as policies to build further buffers in Lebanon’s financial sector. Structural reforms should prioritize reforming the electricity sector, removing impediments to and lowering the cost of doing business, as well as improving governance and reducing corruption.
Book Synopsis Exchange Rate Regimes by : Nada Majed Musallam
Download or read book Exchange Rate Regimes written by Nada Majed Musallam and published by . This book was released on 2007 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: This project takes a look at world exchange rate regimes and the impact of capit al flows on developing countries, with a special reference to Lebanon over the p eriod from 1990 till 2004, in an attempt to explore the main reasons behind the sustainability of the country's pegged regime. In this context, the project examines an economic review of Lebanon and a compar ative study of the country's economic performance before and after Paris II meet ing. It also discusses the Central Bank's objectives and monetary instruments, a s well as the country's monetary performance throughout a financial ratio analys is of the banking sector. A statistical analysis follows in an effort to point o ut the significant variables that link the banking sector's financial performanc e to the country's overall performance. This study suggests that the Lebanese government focus on stimulating growth and creating new job opportunities by stimulating investment in the non-bank financ ial sector. Moreover, capital market reforms are necessary to provide the govern ment with sources of funding other than the banking sector. In addition, the Central Bank should be able to affect interest rates by working closely in coordination with fiscal policy, in order to make use of the excess funds placed as foreign currency savings and stimulate the economy. It is also r ecommended that the Central Bank start considering shifting to a more flexible r egime in the future, in order to allow for economic shocks to be absorbed more s moothly. Yet, in order to achieve the above, external support might be required to break the cycle of unsustainable public debt.
Download or read book Payment Systems in Lebanon written by and published by . This book was released on 1999 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Monetary and Exchange System Reforms in China by : Mr.Bernard Laurens
Download or read book Monetary and Exchange System Reforms in China written by Mr.Bernard Laurens and published by International Monetary Fund. This book was released on 1996-09-26 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1978, China embarked on a gradual but far-reaching reform of its economic system. This paper focuses on the achievements so far in reforming the financial sector, the legal framework for financial transactions, the payments system, and the monetary policy and foreign exchange system. It also analyzes the tasks ahead to achieve the goals set in these areas for the year 2000.
Book Synopsis Monetary Policy Transmission in Emerging Markets and Developing Economies by : Mr.Luis Brandao-Marques
Download or read book Monetary Policy Transmission in Emerging Markets and Developing Economies written by Mr.Luis Brandao-Marques and published by International Monetary Fund. This book was released on 2020-02-21 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Central banks in emerging and developing economies (EMDEs) have been modernizing their monetary policy frameworks, often moving toward inflation targeting (IT). However, questions regarding the strength of monetary policy transmission from interest rates to inflation and output have often stalled progress. We conduct a novel empirical analysis using Jordà’s (2005) approach for 40 EMDEs to shed a light on monetary transmission in these countries. We find that interest rate hikes reduce output growth and inflation, once we explicitly account for the behavior of the exchange rate. Having a modern monetary policy framework—adopting IT and independent and transparent central banks—matters more for monetary transmission than financial development.
Download or read book Atlas of Lebanon written by Eric Verdeil and published by Presses de l’Ifpo. This book was released on 2019-10-03 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: After fifteen years of reconstruction in a relatively peaceful environment spanning the years 1990 to 2004, Lebanon has experienced successive violent political events resulting from complex entangled internal and external struggles. The Syrian crisis and its political, economic and demographic consequences on Lebanon have increased these tensions. This atlas sheds light on these new challenges and adds new data that complete the analyses already published in the Atlas du Liban. Territoires et société (Atlas of Lebanon. Territories and Society) released in 2007 by the same research team. Some of its components are included in this edition. Beyond the international regional crisis and the population movements, it takes into account Lebanon’s socio-economic dimensions, the environmental issues linked to uncontrolled urbanization and to natural risks, as well as conflicts due to local territorial management. This atlas is the result of a collaborative endeavor between French and Lebanese researchers. It uses a geographical approach that puts in the foreground a spatial analysis of social and natural phenomena. Public sources are scarce in Lebanon, especially at the local scale. They are sometimes less reliable and difficult to access. It is particularly the case for the Lebanese census data, conversely data are abundantly available on the refugees population, which is less known than the population of refugees. International data help compare Lebanon to its neighbors. Thematic data produced by some ministries are helpful to provide a detailed view regarding specific domains. Analyses processed on aerial and satellite images have produced essential data on urbanization and environment. Local thematic fieldwork surveys have provided additional data. The book consists of seven chapters. The first one deals with the territorial state-building seen in the light of regional geopolitics, and emphasizes internal violence and the reemergence of militias and armed groups that fight each other and the state army. Lebanon is once again perceived as a territory divided between multiple allegiances. The second chapter is devoted to the analysis of population dynamics, despite the lack of reliable data whose sources are subject to discussion. It includes analyses of internal population flows, the Lebanese diaspora, and the assessment of Syrian refugees’ influx. The third chapter shows the fragility of the Lebanese economic model. Its dependency on foreign investments and on...
