Samy Ben Naceur

TL;DR: In this paper, the authors investigated the role of stock markets in economic growth and shed some light on the macroeconomic determinants which must have an important influence on stock markets development.

TL;DR: The authors investigated the impact of stock market liberalization on economic growth in the MENA region and found that a more developed stock market prior to liberalization; less government intervention; and by not fully opening the economy to foreign trade, reinforces the positive impact of liberalisation on stock market development.

TL;DR: The authors analyzed 95 newly privatized firms in four Middle Eastern and North African countries (Egypt, Morocco, Tunisia, and Turkey) and found that these firms experienced significant increases in profitability and operating efficiency, and significant declines in employment and leverage.

TL;DR: In this paper, the technical efficiency of the Tunisian banking system in pre, during and post-financial liberalization, starting in the early 1980s, was examined and a nonparametric method of Data Envelopment Analysis (DEA) has been used to arrive at the efficiency scores for a panel data sample covering 9 Tunisian commercial banks and the commercial banks of 10 OECD countries, over the period 1980 to 2001.

TL;DR: In this paper, the authors presented the results of a study at the Ecole Superieure de la Statistique et de l'Analyse de l’Information (ESSAI) at the University of Carthage in Tunisia.