Please write the essay on the following topic:
Banks and stock markets can both contribute to an economy’s strength as institutions through which savings are transmitted towards effectively financing firms’ investment in productive assets.
Outline some of the main features of stock markets and banks in the MENA region and discuss strengths and weakness in those institutions’ ability to channel savings to investment effectively.
In your answer please also discuss whether recent changes (or proposed changes) in either type of institution will strengthen its effectiveness.
I’ve attached the documents needed to complete the essay, they are big PDF files but obviously you can just take whats important out of it and summarize them in a way. Feel free to use outside sources to help with the essay if they are easier to absorb.
Lastly, my most important instruction is citing and references, as I have previously had a severe incident of bad citing from a writer who got me in trouble. So please after every single sentence that comes from another source, provide (author, year).