Croissance et désendettement international: une étude économétrique pour le cas de l’économie algérienne pour la période 2000/2022

Habib BEN Bayer, Lakhdar Adouka and Fayçal Mokhtari
Additional contact information
Habib BEN Bayer: Benahmed Mohamed University, Oran 2, Algeria
Lakhdar Adouka: Université Mascara, Algérie
Fayçal Mokhtari: Université Mascara, Algérie

Les Cahiers du CEDIMES, 2024, vol. 19, issue HS, 20-39

Abstract: The impact of economic growth on external debt has been a subject which has continually preoccupied academic circles and government policymakers, a debatable issue among scholars since the start of the debt crisis in the 1980s. This work examines the link of economic growth that affects this desire of destment from the international capital markets of a heavily indebted country through over-indebtedness and the crowding out effect of debt. The rise in energy prices that occurred from the 2000s enabled government decision-makers to reconstitute a “strong reserve, institutional savings” to fulfill this financial dependence. to withdraw entirely from this debt. The question that is raised in this work, which we will try to answer, consists in studying the influence of economic growth on this international debt reduction through different channels such as foreign direct investment, international reserves, investment etc.., which have reinforced the economic weight and constitute an additional source of financing. The analysis of this link will be proposed using an econometric analysis model the AutoRegressive Distributed Lag (ARDL) for the period selected.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://dx.doi.org/10.69611/cahiers19-HS-01 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cxb:issued:v19:ihs:n01

Ordering information: This journal article can be ordered from

DOI: 10.69611/cahiers19-HS-01

Access Statistics for this article

Les Cahiers du CEDIMES is currently edited by Christian MICHON

More articles in Les Cahiers du CEDIMES from Institut CEDIMES Contact information at EDIRC.
Bibliographic data for series maintained by Valentin Radu ().