[fre] Depuis la fin des années 1980, les économies émergentes ont amorcé un processus de libéralisation financière qui s'effectue dans un contexte d'accroissement significatif du nombre de crises bancaires. Ces dernières montrent notamment l'importance de la prise en compte du cadre...

The aim of this paper is to evaluate to what extent more transparency can reduce the occurrence of speculative attacks. It proposes a survey of the literature about the pros and cons of transparency on the exchange rate market, which is one of the main pillars of the new international financial...

[eng] Mediterranean Economies coping the Challenge of an Euromediterranean Financial System. The creation of the EMU will induce important consequences in the region. The purpose of this paper is to show how EMU could create a breach between Mediterranean financial systems and the financial...