Monetary policies and international standards and norms on banking regulations have, once again, leaped to the forefront of the policy discussion in developed nations due to the recent crisis in the world’s financial markets. This discussion is far from new, nor does it apply exclusively to the world’s most advanced economies. A stable monetary policy, and a sound and well-enforced regulatory regime, can help developing nations to channel financial resources more efficiently into investments. For open economies, it can also act as a buffer, an important stability factor in today’s shaky market situation.


Data Envelopment Analysis Monetary Policy Central Banking Banking System Efficiency Score 
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Copyright information

© Rym Ayadi and Sami Mouley 2014

Authors and Affiliations

  • Rym Ayadi
    • 1
  • Sami Mouley
    • 2
  1. 1.Centre for European Policy StudiesBrusselsBelgium
  2. 2.University of TunisTunisia

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