Empirical Analysis of the Impact of Exchange Rates on Economic Growth in Emerging Countries: Case of Morocco

Ahmed Touzani () and Abidar Brahim ()
Additional contact information
Ahmed Touzani: Research Team on Management, Entrepreneurship, and Sustainable Development-ERMEDD, Ibn Zohr University, Agadir, Morocco
Abidar Brahim: FSJES, Ait Meloul, Ibn Zohr University, Agadir, Morocco

International Journal of Economics and Financial Issues, 2025, vol. 15, issue 2, 411-416

Abstract: This article analyzes the impact of exchange rate fluctuations on economic growth in emerging markets, with a particular focus on Morocco during the period 1994-2022. It employs an econometric methodology based on panel data to examine this complex relationship. The study highlights how exchange rate fluctuations, often rooted in economic fundamentals, can affect economic growth through various channels, including investment, foreign trade, and financial development. The results reveal a negative correlation between exchange rate depreciation and economic growth, suggesting that prudent exchange rate management is crucial to supporting economic development. The conclusions emphasize the importance of a well-calibrated exchange rate policy to maintain sustainable competitiveness and promote economic growth in developing countries.

Keywords: Exchange Rate; Economic Growth; Panel Data; Fluctuations (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://econjournals.com/index.php/ijefi/article/download/17992/8695 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:v:15:y:2025:i:2:id:17992

Ordering information: This journal article can be ordered from
https://econjournals.com/index.php/ijefi

DOI: 10.32479/ijefi.17992

Access Statistics for this article

More articles in International Journal of Economics and Financial Issues from International Journal of Economics and Financial Issues
Bibliographic data for series maintained by Monica Sinhat ().