Search academic texts

Information × Registration Number 2124U008164, Article popup.category Стаття Title popup.author Yossor A.Maha K. popup.publication 15-07-2024 popup.source_user Харківський національний економічний університет імені Семена Кузнеця popup.source http://repository.hneu.edu.ua/handle/123456789/33167 popup.publisher ХНЕУ ім. С. Кузнеця Description The purpose of this article is to identify the main sources of cyclical fluctuations affecting the five Maghreb countries in a general analysis framework through the impact of the exchange rates and foreign direct investment. Besides, will consider in this study a set of variables taking into account the real monetary and fi ancial dimensions of the economies. Therefore, authors have adopted an approach in terms of the VECM Structural model and analyzed the robustness of the response functions. Indeed, the estimation results showed the existence of a regional dynamics where the respective sensitivity to change of the real exchange rate is the same. In addition, FDI and REER stimulate economic growth of the Maghreb economies in exchange for regime transmutations. In addition, the participation of FDI in the socio-economic development seems to be weak without the implementation of a policy of support and guidance aimed at reducing the catastrophic effects on the economy and reorienting its investments towards sectors with a high added value. popup.nrat_date 2025-11-10 Close