Macroeconomic Uncertainty and Trade: The Case of Exchange Rate Fluctuation in West Africa Economies


Authors : Fadel Rasem A Ben Otman

Volume/Issue : Volume 10 - 2025, Issue 3 - March


Google Scholar : https://tinyurl.com/3np695za

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DOI : https://doi.org/10.38124/ijisrt/25mar960

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Abstract : This thesis investigates the effects of exchange rate volatility on trade in West African countries. Over the past two decades, West Africa has experienced significant fluctuations in exchange rates, prompting inquiries into their impact on trade volumes, trade sectors, export and import prices, trade balances, and potential variations among low-income, middle- income, and resource-rich countries in the region. Through econometric analysis, this study examines patterns and trends of exchange rate volatility, explores its influence on overall trade volumes, identifies specific trade sectors most affected, and evaluates its implications for export and import prices and trade balances. Additionally, the research aims to discern any disparities in the effects of exchange rate volatility on trade among different types of West African countries. By addressing these questions, the thesis offers insights into the policy implications and recommendations to mitigate the adverse effects of exchange rate volatility on trade in the region, thereby contributing to a deeper understanding of the dynamics between exchange rates and trade in West Africa.

Keywords : Exchange Rate Volatility, West African Countries, Export, Import.

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This thesis investigates the effects of exchange rate volatility on trade in West African countries. Over the past two decades, West Africa has experienced significant fluctuations in exchange rates, prompting inquiries into their impact on trade volumes, trade sectors, export and import prices, trade balances, and potential variations among low-income, middle- income, and resource-rich countries in the region. Through econometric analysis, this study examines patterns and trends of exchange rate volatility, explores its influence on overall trade volumes, identifies specific trade sectors most affected, and evaluates its implications for export and import prices and trade balances. Additionally, the research aims to discern any disparities in the effects of exchange rate volatility on trade among different types of West African countries. By addressing these questions, the thesis offers insights into the policy implications and recommendations to mitigate the adverse effects of exchange rate volatility on trade in the region, thereby contributing to a deeper understanding of the dynamics between exchange rates and trade in West Africa.

Keywords : Exchange Rate Volatility, West African Countries, Export, Import.

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