Real exchange rate and economic growth in West Africa : panel data analysis
Dissertant
Thesis advisor
University
Al Akhawayn University
Faculty
The School of Business Administration
University Country
Morocco
Degree
Master
Degree Date
2016
English Abstract
The scope of this paper is twofold: first, analyze the actual relationship between CFA (pegged to the French currency) and French currency from 1975 to 2015 on economic growth in the WAEMU zone.
Second, discuss some economic implications and recommendations for the WAEMU governments in the context of a new common currency by 2020.
The Real Exchange Rate has been computed and captured the introduction of Euro in 1999.
Secondary data have been retrieved from the World Bank database and processed using a Panel data analysis.
The results showed a significant positive relationship between the Real Exchange Rate (RER) and economic growth of WAEMU countries.
Thus, empirically speaking CFA currency is not harming the economic growth of this region.
However, as supported by previous studies, the hitch might be elsewhere.
Then, the paper also discusses some other relevant factors WAEMU policy makers should seriously consider before merging with WAMZ to launch the new currency.
The results are valuable mainly for both West African policy makers and foreign investors.
Main Subjects
No. of Pages
50
Table of Contents
Table of contents.
Abstract.
Section One : Introduction.
Section Two : CFA historic, description, of the economic zone, and motivation background.
Section Three : Literature review.
Section Four : Methodology and model formulation.
Section Five : Findings.
Section Six : Policy recommendations and future study.
Conclusion.
References.
American Psychological Association (APA)
Beugre, Nandy. (2016). Real exchange rate and economic growth in West Africa : panel data analysis. (Master's theses Theses and Dissertations Master). Al Akhawayn University, Morocco
https://search.emarefa.net/detail/BIM-775182
Modern Language Association (MLA)
Beugre, Nandy. Real exchange rate and economic growth in West Africa : panel data analysis. (Master's theses Theses and Dissertations Master). Al Akhawayn University. (2016).
https://search.emarefa.net/detail/BIM-775182
American Medical Association (AMA)
Beugre, Nandy. (2016). Real exchange rate and economic growth in West Africa : panel data analysis. (Master's theses Theses and Dissertations Master). Al Akhawayn University, Morocco
https://search.emarefa.net/detail/BIM-775182
Language
English
Data Type
Arab Theses
Record ID
BIM-775182
