Capital inflows, real exchange rate and financial development: empirical evidence for the Maghreb countries

1
Dr. Zouheir ABIDA
Dr. Zouheir ABIDA
2
Imen Mohamed Sghaier
Imen Mohamed Sghaier
1 Universit de Sfax - Tunisie

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L’un des effets néfastes associé à l’afflux massif de capitaux dans les pays émergents est la déstabilisation de la gestion macroéconomique suite à une appréciation importante du taux de change réel. A l’aide des techniques de l’économétrie des données de panel non stationnaires, ce papier montre que, dans l’allocation optimale des ressources, le développement financier pourrait atténuer l’appréciation du taux de change réel dans les pays du Maghreb sur la période 1980-2008.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Dr. Zouheir ABIDA. 1970. \u201cCapital inflows, real exchange rate and financial development: empirical evidence for the Maghreb countries\u201d. Unknown Journal GJMBR Volume 11 (GJMBR Volume 11 Issue 11): .

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GJMBR Volume 11 Issue 11
Pg. 43- 58
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November 11, 2011

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L’un des effets néfastes associé à l’afflux massif de capitaux dans les pays émergents est la déstabilisation de la gestion macroéconomique suite à une appréciation importante du taux de change réel. A l’aide des techniques de l’économétrie des données de panel non stationnaires, ce papier montre que, dans l’allocation optimale des ressources, le développement financier pourrait atténuer l’appréciation du taux de change réel dans les pays du Maghreb sur la période 1980-2008.

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Capital inflows, real exchange rate and financial development: empirical evidence for the Maghreb countries

Dr. Zouheir ABIDA
Dr. Zouheir ABIDA Universit de Sfax - Tunisie
Imen Mohamed Sghaier
Imen Mohamed Sghaier

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