المستخلص: |
The Study aims to explore the economic effects of the 2008 Global Financial Crisis on two Euro-Mediterranean Countries (Egypt and France). It concludes that the 2008 crisis has negative effects on countries' economy in general, while the Egypt as developing Countries is slightly effected in the side of economic indicators during the period from 2007-2010, comparing with the Developed Countries like France. The differentiation of the effects mainly was due to the nature of developing financial market which are bank based system where business rely on bank financing rather than equity or bond market, unlike most developed economies
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