Journal of Economics Research and Social Sciences
Vol. 9 No. 1: February 2025

The Relationship Between Exchange Rates and Sustainable Development: A Literatur Review

Ismail, Syadan Hussein (Unknown)
Yuliadi, Imamudin (Unknown)
Berliana, Amanda (Unknown)



Article Info

Publish Date
27 Feb 2025

Abstract

The relationship between exchange rates and sustainable development has increasingly gained attention in global economic studies. Exchange rate fluctuations significantly impact foreign direct investment (FDI) and international trade, key drivers of sustainable development. Exchange rate stability contributes to the adoption of renewable energy in developing countries. This article presents a literature review using bibliometric analysis based on data from 59 academic articles from Scopus. The study identifies five key clusters that depict the interaction between exchange rates, FDI, carbon emissions, energy consumption, food security, and climate change. The analysis reveals that exchange rate stability is crucial in promoting sustainable development by encouraging green investments and reducing carbon emissions. These findings emphasize the importance of economic policies that support exchange rate stability to achieve sustainable development goals (SDGs). The novelty of this research is that it explains the relationship between monetary economic phenomena and environmental issues. This article offers new insights and recommendations for future research in this field.

Copyrights © 2025






Journal Info

Abbrev

jerss

Publisher

Subject

Economics, Econometrics & Finance

Description

JERSS merupakan jurnal ilmiah yang dikelola Program Studi Ekonomi Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Yogyakarta. Jurnal ini berisikan penelitian-penelitian yang dilakukan oleh mahasiwa-mahasiswa dan berkolaborasi dengan para dosen dalam bidang studi ilmu ekonomi pembangunan. ...