Toni Ghazi
- Position: PhD Student - Department of Economics
Contact Details
Student information
Toni Ghazi is also a PhD student
- Load: PhD Student Full Time
- Principal supervisor: Associate Professor Melanie Beresford
- Associate supervisor: Dr Wadad Tannous
- Date of submission: 01/01/2010
- Thesis title: Institutional Framework for Doing Business in Lebanon
- Abstract: My thesis is attempting to reshape the financial infrastructure in Lebanon upon a modern geosocial model. This study of the relationship between the Central Bank and the banking institutions will form one chapter of the thesis. This research follows the new theories that are urging many developing countries to abandon the Central Banking regime The analysis has precisely shown an inefficient Central Bank whether in setting the pre-operational conditions for banks, or in exercising the prudential controls over their activities. We first found that current regulations bear unproductive consequences and therefore must be amended. Also, findings suggest the establishment of new types of financial institutions in order to regenerate economic development. Finally, the research proposed the deregulation of the settlement system to avoid a growing credit risk, a fall in the capital adequacy ratio and therefore the failure to implement the Basel II requirements.