تأثير عرض النقود في الاستقرار الاقتصادي في دول مختارة مع اشارة خاصة للعراق

Rp-The effect of money supply on economic stability in selected countries, with particular reference to Iraq ..pdf

The research aims to study the effect of money supply on the economic stability
of selected countries, with a special reference to Iraq. The money supply is one of
the two sides of the monetary balance that forms the demand for money, and the
other side is one of the main monetary variables that have been focused on in
monetary theory. The study and analysis of the money supply acquires special
importance. Whether in the economies of developed or developing countries,
because of its importance in directing monetary policy to achieve economic
stability, and participation in drawing monetary policy for the long term and
determining the rate of growth of the money supply in a manner that is
commensurate with indicators of economic stability .
The research aims to analyze the effect of money supply on some indicators of
economic stability in the selected countries (UAE, Algeria, Iraq) and to determine
the effect of money supply on indicators (Gross Domestic Product, unemployment,
inflation, balance of payments) for the period (2003-2020), and the standard model
was built according to Annual data using the (Eviews12) program, which is a test
for detecting the stability of time series of variables using the extended DickieFowler test. The limits test was also used for the co-integration test based on the
autoregressive distributed time decelerator (ARDL) model to measure the short
and long-term relationship between variables .
In this research, it was concluded that there is a relationship between the money
supply and the gross domestic product of each of the United Arab Emirates,
Algeria and Iraq in the short term, and it is a direct relationship. As for inflation,
there was a causal relationship between the money supply. As for the balance of
payments in the three countries, there is no effect of the money supply on the
balance of payments in the short term. Iraqi that was caused by the excessive
expansion of the money supply