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Manufactured Exports and FDI in the MED-11 Countries: Recent Evolution, Determinants and Prospects

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  • Khalid Sekkat

Abstract

This paper investigates the evolution and determinants of manufactured exports and FDI in MED-11 countries over the period 1985-2009 as well as the prospects of their evolution under different scenarios pertaining to the evolution of the determinants. The econometric analysis confirmed the role of exchange rate depreciation, the openness of the economy and the quality of institution and infrastructure in fostering manufactured exports and FDI inflows in the Region. The prospects’ assessment suggested that a scenario of deeper integration with the EU entails superior performance regarding manufactured exports and FDI than status quo or less integration with the EU but greater regional integration.

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Bibliographic Info

Paper provided by CASE-Center for Social and Economic Research in its series CASE Network Studies and Analyses with number 432.

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Length: 24 pages
Date of creation: 2012
Date of revision:
Handle: RePEc:sec:cnstan:0432

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Keywords: Manufactured Exports; FDI; Institutions; MENA;

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  1. Lahcen Achy & Khalid Sekkat, 2003. "The European single currency and MENA's exports to Europe," ULB Institutional Repository 2013/7352, ULB -- Universite Libre de Bruxelles.
  2. Méon, Pierre-Guillaume & Sekkat, Khalid, 2012. "FDI Waves, Waves of Neglect of Political Risk," World Development, Elsevier, vol. 40(11), pages 2194-2205.
  3. Khalid Sekkat & Aristomene Varoudakis, 2000. "Exchange rate management and manufactured exports in Sub-Saharan Africa," ULB Institutional Repository 2013/7342, ULB -- Universite Libre de Bruxelles.
  4. Lahcen Achy & Khalid Sekkat, 2003. "The European Single Currency and MENA's Exports to Europe," Review of Development Economics, Wiley Blackwell, vol. 7(4), pages 563-582, November.
  5. Pierre-Guillaume Méon & Khalid Sekkat, 2004. "Does the Quality of Institutions Limit the MENA's Integration in the World Economy?," The World Economy, Wiley Blackwell, vol. 27(9), pages 1475-1498, 09.
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