IJIMT 2017 Vol.8(3): 197-200 ISSN: 2010-0248
doi: 10.18178/ijimt.2017.8.3.197
doi: 10.18178/ijimt.2017.8.3.197
How Far is Shadow Banking in Egypt from International Experiences?
Yasmine M. G. Salem
Abstract—
The 2008 global financial crisis shed the light on
Shadow banking System Growth. This paper aims at
comparing the shadow banking system in Egypt with most
significant international experiences, the USA and China, to
determine how far the Egyptian case is from them and draw
some learnt lessons regarding shadow banking regulations. The
paper concluded that there must be a coordination between the
monetary authority and financial supervisory authority, which
supervises and regulates shadow banking activities in Egypt, is
necessary. Moreover, the monetary authority should consider
the shadow banking activities when planning and conducting
the monetary policy.
Index Terms— Egypt, monetary policy, shadow banks.
Yasmine M.G. Salem is with the Department of Economics, Faculty of Economics and Political Science, Cairo University, Egypt (e-mail: yasminemohie@feps.edu.eg).
Index Terms— Egypt, monetary policy, shadow banks.
Yasmine M.G. Salem is with the Department of Economics, Faculty of Economics and Political Science, Cairo University, Egypt (e-mail: yasminemohie@feps.edu.eg).
Cite: Yasmine M. G. Salem, " How Far is Shadow Banking in Egypt from International Experiences?," International Journal of Innovation, Management and Technology vol. 8, no. 3, pp. 197-200, 2017.