IDEAS home Printed from https://ideas.repec.org/a/bco/mbrqaa/v28y2023p79-104.html
   My bibliography  Save this article

Floating Exchange Rate Regimes and Macroeconomic Indicators: Evidence from Mena Region and Outlook for the Moroccan Case

Author

Listed:
  • Nouhaila MOUTAIB

    (Department of finance (LAREF), The Higher Institute of Commerce and Business Administration (Groupe ISCAE), Casablanca, Morocco)

  • Younès Lahrichi

    (Department of finance (LAREF), The Higher Institute of Commerce and Business Administration (Groupe ISCAE), Casablanca, Morocco)

Abstract

Many emerging economies have significantly changed their economic policies by adopting floating exchange rate regimes. In this sense, we examine their effect on the Middle East North African (MENA) region, and based on similarities and differences in macroeconomic structure and fundamentals, the potential effect on the Moroccan economy would be projected. The study provides an overview of the MENA region's experience with exchange rate regimes, looking at their historical development and effects on regional economic stability and growth. If the adoption of floating exchange rate regimes for the emerging economies in the MENA region has benefits including enhanced flexibility, decreased vulnerability to external shocks, and increased competitiveness; however, the considered countries recognize difficulties in setting them up and running them, as well as the requirement for supportive policy measures. This paper underlines the significance of additional research to examine the effects of floating exchange rate regimes on other MENA economies, mainly Morocco, and to determine the most efficient policy measures to maximize the advantages of this regime.

Suggested Citation

  • Nouhaila MOUTAIB & Younès Lahrichi, 2023. "Floating Exchange Rate Regimes and Macroeconomic Indicators: Evidence from Mena Region and Outlook for the Moroccan Case," European Journal of Studies in Management and Business, EUROKD, vol. 28, pages 79-104.
    • Handle: RePEc:bco:mbrqaa::v:28:y:2023:p:79-104
    DOI: 10.32038/mbrq.2023.28.05
    as

    Download full text from publisher

    File URL: https://api.eurokd.com/Uploads/Article/950/mbrq.2023.28.05.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.32038/mbrq.2023.28.05?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Qaiser Aman & Irfan Ullah & Muhammad Imran Khan & Saif-ud-Din Khan, 2017. "Linkages between exchange rate and economic growth in Pakistan (an econometric approach)," European Journal of Law and Economics, Springer, vol. 44(1), pages 157-164, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ruwan Jayathilaka & Rishani Rathnayake & Bhakthi Jayathilake & Thanuja Dharmasena & Dananja Bodinayake & Deumi Kathriarachchi, 2023. "Exploring the growth direction: the impact of exchange rate and purchasing managers index on economic growth in Sri Lanka," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(3), pages 2687-2703, June.
    2. Umar Nawaz Kayani & Ahmet Faruk Aysan & Azeem Gul & Syed Arslan Haider & Sareer Ahmad, 2023. "Unpacking the asymmetric impact of exchange rate volatility on trade flows: A study of selected developed and developing Asian economies," PLOS ONE, Public Library of Science, vol. 18(10), pages 1-16, October.
    3. La Saidi & Pasrun Adam & Rostin & Zainuddin Saenong & Muh. Yani Balaka & Gamsir & Asmuddin & Salwiah, 2017. "The Effect of Stock Prices and Exchange Rates on Economic Growth in Indonesia," International Journal of Economics and Financial Issues, Econjournals, vol. 7(3), pages 527-533.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bco:mbrqaa::v:28:y:2023:p:79-104. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sara Gunen (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.