Submission Guidelines
The ADP Blog is an open platform for practitioners and researchers working on development issues in Arab countries. The ADP welcomes blogs in Arabic, English and French.
Interested contributors are encouraged to submit their blog entries (word format, up to 700 words) by e-mail, mentioning/including the following:

1Title of the blog

2Name of the author

3Link to source, if previously published

4Photos (if any – up to 500KB)

5Translated version of your blog (if available)


Please note that we reserve the right to introduce minimal edits to the submitted article to enhance the clarity of the text. Major edits will be shared with the contributors ahead of publishing.
  • Egypt's Credit and Monetary Policies

    Ahmed Ghoneim, 05 Mar 2015  |  0 Comments
    Egypt's monetary policy has changed over the past two decades. The 1991 Economic Reform and Structural Adjustment Program (ESRAP)—adopted in collaboration with the World Bank and the International Monetary Fund—dramatically changed the role of monetary policy, which was geared to anchoring the nominal exchange rate, even after the ERSAP program, until 2003. But the vulnerability of the economy in terms of foreign exchange earnings emphasized the importance of addressing exchange rate issues.   Institutional setup and exchange rate system   The institutional...Read More
  • Current Tunisian Monetary Policy

    Sofiane Ghali - Co-Author: Sami Rezgui, 05 Mar 2015  |  0 Comments
    Monetary sector policy should aim at containing inflation, preserving foreign exchange reserves, and strengthening the banking sector to address numerous economic and social challenges. Tunisia’s major medium-term concerns are to reduce high unemployment, especially among the youth and to mitigate regional economic disparities by establishing foundations for higher and more inclusive economic growth.   Since the 2011 revolution, the country has faced significant macroeconomic imbalances as authorities focused largely towards appeasing social demands and the vulnerabilities...Read More
  • Reforming Tunisia’s Subsidy Regime

    Sofiane Ghali - Co-Author: Sami Rezgui, 05 Mar 2015  |  0 Comments
    Tunisia’s history with government subsidies began in the 1970s, but has grown rapidly over the last few years. Price subsidies are provided for several staple foods such as cereals (durum wheat, bread wheat, barley, and corn), milk, sugar, tomato sauce, and cooking oils (excluding olive oil). In addition, they cover energy products, including refined petroleum products, natural gas, and electricity. Although the levels of subsidy have grown significantly since the revolution as a means to placate social pressures, the current subsidy scheme is both regressive and socially inequitable...Read More
  • Sectorial Transformation of the Tunisian Economy – Services and Manufacturing

    Sofiane Ghali - Co-Author: Sami Rezgui, 05 Mar 2015  |  0 Comments
    As employment in agriculture dropped 17% from 1975 – 2011, employment in the service sector boomed. As a whole, employment in services accounted for more than half of total employment in 2011 (compared to 33 %[1] in 1975), the largest part accruing to private services with 32 % (compared to 22 % in 1975).   Available data on the entire services sector and notably market services, show that its performance is quite remarkable compared to industry and agriculture. Services achieved the best performance in terms of both value added and the absorption rate of skilled workers...Read More
  • Arab Banking: Economic Performance – Part VII

    Wafik Grais, 05 Mar 2015  |  0 Comments
    This final section this seven-part series examines Arab banking’s economic performance, or the ability of the banking sector to promote economic growth and foster inclusion, particularly for micro, small and medium enterprises (MSMEs).   In short, the financial systems of Arab countries appear to be less effective in fostering economic growth and financial inclusion than those of peer countries with similar financial depth (Barajas and Chami 2013).   In the aggregate, balance sheets seem to be heavily concentrated on public sector financing in non-GCC countries...Read More
  • Arab Banking: Financial Performance – Part VI

    Wafik Grais, 05 Mar 2015  |  0 Comments
    Bank performance can be viewed from two perspectives. The first is from the perspective of bank profitability, liquidity, and solvency, or financial performance. The second is from the perspective of bank effectiveness in fulfilling their intermediation function in financing the economy and providing inclusive banking services, or economic performance. This Part VI of this seven-part series on Arab banking examines financial performance.   A major aspect of bank performance is the ability to manage credit risk in order to limit the relative size of nonperforming loans (...Read More
  • Arab Banking: Market Discipline, Governance and Transparency – Part V

    Wafik Grais, 05 Mar 2015  |  0 Comments
    Having reviewed Arab governments’ approaches to micro- and macro-prudential banking regulations, Part V turns to the challenges faced in promoting market discipline, ensuring good bank governance and furthering transparency.   Market disciple is the third pillar of Basel II. However, the region’s financial institutional arrangements do not provide adequate means or incentives for market players to monitor bank performance. Pillar 3 relies on the assumption that market discipline imposes strong incentives for banks to conduct their business in a safe, sound, and efficient...Read More
  • Arab Banking: Macro-Prudential Regulations – Part IV

    Wafik Grais, 05 Mar 2015  |  0 Comments
    Part IV of this  seven-part series on Arab banking  looks at the macro-prudential, or systemic, regulations surrounding the Basel III accords currently being introduced into the Arab banking system.   In the wake of the 2008–09 international financial crisis, the importance of macro-prudential regulation was brought to the fore. Complex financial linkages had induced spillovers across financial institutions and countries that affected macroeconomic stability and performance. These disturbances led to the reforms adopted under Basel III, notably the idea of...Read More
  • Arab Banking: Effectiveness of Micro-Prudential Regulations – Part III

    Wafik Grais, 05 Mar 2015  |  0 Comments
    Part III of this seven-part series on Arab banking looks at the effectiveness of micro-prudential regulations, particularly capitalization requirements that aim to shore up banks’ balance sheets across the Arab world.   Like most of their counterparts in the rest of the world, regional financial authorities have traditionally focused on micro-prudential regulation and supervision. They have strived to adopt international standards, although some countries have fallen behind in this process and still need to fill major gaps in their regulatory framework. As Arab countries...Read More
  • Arab Banking: Bank Ownership – Part II

    Wafik Grais, 05 Mar 2015  |  0 Comments
    Part II of this series examines bank ownership structures in the Arab world including the weight of both public and foreign bank ownership as well as interconnected ownership schemes prevalent in the Arab banking sector.     Although the role of state banks has declined, their presence is still important in certain markets.  Their market shares are large in some markets, with the largest national banks often publicly owned. Today, state-owned banks may be holding a share of banking assets in the range of 35 percent. For example, in Tunisia, as of April 2012,...Read More


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