The direction of the development of the relationship between banking reform and macro stability in Iraq for the period 2004-2020

Abstract

The research dealt with measuring and analyzing the relationship between banking reform and macro stability in Iraq, by examining the theoretical relationship between banking sector reform and macro stability variables, to find out the theoretical foundations provided by the economic literature for this relationship, and the possibility of employing it in analyzing the course of development of banking reform experiences in Iraq and its impact on Macroeconomic stability variables, based on a basic hypothesis that banking reform is a fundamental pillar of economic stability, and that the success of banking reform policies positively affects the levels of macroeconomic stability variables. In the research sample countries during the period (2004-2020). The research reached basic conclusions, most notably that the nature of the influence relationship between banking reform variables and macro stability variables is one of the foundations for building effective banking reform policies in developing the banking system and its impact on economic growth. On the stability of the macroeconomics according to the direction of the empirically proven relationship.