مجلة اقتصاديات شمال افريقيا
Volume 9, Numéro 11, Pages 53-78
2013-06-10

حركة رأس المال الأجنبي في ظل اختيار أنظمة الصرف في الدول الإفريقية -دراسة قياسية

الكاتب : ترقو محمد .

الملخص

This paper aims to test the extent of foreign capital mobility in African countries with expect to the nature of exchange rate regime’s, so that applied the dilemma of Feldstien and Horioka model’s on a sample of 27 African countries during the period 1990-2013 using the panel data models, The study concluded that the African countries direct to flotation regimes after the collapse of the Bretton Woods system, especially during the nineties with its focus on the managed flotation and the traditional arrangements of peg the exchange rate, in addition the lack mobility of foreign capital in these countries, whether in light of inclusion the nature of exchange rate regime practice or not taken into account

الكلمات المفتاحية

foreign capital, exchange rate regime, Feldstien - Horioka dilemma, panel data models, African countries