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This study examines the effect of financial-sector reform on bank performance in selected Middle Eastern and North African (MENA) countries in the period 1993-2006. This paper evaluates bank efficiency in Egypt, Jordan, Morocco, and Tunisia by means of Data Envelopment Analysis (DEA) and it employs a meta-frontier approach to calculate efficiency scores in a cross-country setting. Overall, the analysis shows that, despite similarities in the process of financial reforms undertaken in the four MENA countries, the observed efficiency levels of banks varies substantially across markets, with Morocco and Tunisia outperforming Egypt and Jordan.
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