The empirical results of this paper indicate that the degree of competition in the banking system is determined by several macroeconomic aggregates that describe the relevance of the policies implemented in financial Morocco. Thus, the result says that there is a positive relationship between...

The capital market is an inherent part of market economy. The condition and level of its development reflects the development pace of the economy itself. The range and form of their interaction concerns various aspects, connected both with economic processes as well as financial ones.