International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064


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Review Papers | Economics | Morocco | Volume 5 Issue 12, December 2016 | Popularity: 6.3 / 10


     

Financial Stability and Regulation: Elements of Analysis in Reference to the Moroccan and Foreign Experiments

Mohammed Yassine EL HADDAD, Mohammed Amine EL YOUSSI


Abstract: In this study we have analysis the dynamics of the financial liberalization which was born in the Eighties. We stressed the principal characteristics of the financial systems to which it gave birth while referring to the Moroccan experiment and those of certain countries in particular France and the United States. But if these financial systems proved certainly effective insofar as they made it possible to finance the efforts of investment, nevertheless, because they are insufficiently controlled, they became very sophisticated and very vulnerable and consequently very unstable. Multiplicity of the crises which marked out this period, in particular the crisis of 2007, testify to this brittleness. Being given the fatal consequences of these crises and knowing that the financial institutions in systemic matter and the financial markets such that they function nowadays, are unable autorguler, the intervention of the State, within a framework of coordination and international cooperation is more than necessary. The return of the official regulation with the purpose of promoting financial stability achieves the unanimity. Since 2010, until our days, of the efforts were accomplished in this direction. As well with the international scales as on the level of each State, the financial regulation underwent changes to adapt to the current context marked by financial turbulences and to facilitate the installation an effective monitoring of finance and risks which it is likely to generate.


Keywords: financial liberalization, financial risks, banks, financial markets, regulation, financial stability, crises, speculation


Edition: Volume 5 Issue 12, December 2016


Pages: 706 - 711



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Mohammed Yassine EL HADDAD, Mohammed Amine EL YOUSSI, "Financial Stability and Regulation: Elements of Analysis in Reference to the Moroccan and Foreign Experiments", International Journal of Science and Research (IJSR), Volume 5 Issue 12, December 2016, pp. 706-711, https://www.ijsr.net/getabstract.php?paperid=20111601, DOI: https://www.doi.org/10.21275/20111601



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