أثر السياسة النقدية على النمو الاقتصادي لدول Mena : دراسة قياسية خلال الفترة (1990- 2019)‎

Abstract EN

This paper aims to examine and analyze the impact of monetary policy on MENA's economic growth, in which we addressed an analytical aspect that shows the role of monetary policy in dealing with crises during the period (2000-2020), and we used the standard economy approach to determine the impact of certain monetary policy variables (exchange rate, monetary supply in a broad sense) and their impact on economic growth during the period(1990-2019).

The study, by analyzing the course of monetary policy in the MIDDLE East and North Africa countries during the 2008 crisis and the 2014 oil crisis of the Corona crisis at the end of 2019, found that monetary policy plays a key role in addressing imbalances using its various instruments and channels and thus stabilizing economic growth.

After the trade-off between the Panal models, the study concluded that there was a relationship between monetary supply and economic growth while demonstrating a reverse and negative relationship with the exchange rate and economic growth, which is why these countries should by repairing the drainage systems used in them.