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).
[PDF]
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.