The Role of Monetary Policy in Promoting Economic Growth in Algeria

Titouche Souhila and Arkoub Nabila
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Titouche Souhila: UMBB - Université M'Hamed Bougara Boumerdes
Arkoub Nabila: UMBB - Université M'Hamed Bougara Boumerdes

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Abstract: Monetary policy in Algeria aims to control money supply to stimulate economic growth. This study examines the role of monetary policy tools in achieving economic growth from 1990 to 2020, focusing on the impact of Law 90-10. The findings suggest that monetary policy has had limited success in boosting growth due to the economy's heavy dependence on oil revenue for financing development projects. Despite efforts in implementing reforms and developmental schemes, desired growth rates have not been achieved.

Keywords: Monetary policy economic growth money supply code of money and credit JEL Classification Codes: E52 E63 F43 O23 O40 The Theoretical Framework of Economic Growth. Third Axis: The Reality; Monetary policy; economic growth; money supply; code of money and credit JEL Classification Codes: E52; E63; F43; O23; O40 The Theoretical Framework of Economic Growth. Third Axis: The Reality (search for similar items in EconPapers)
Date: 2023-12-30
New Economics Papers: this item is included in nep-ara, nep-cba, nep-fdg, nep-his, nep-ipr and nep-mon
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Published in International Journal of Economic Performance - المجلة الدولية للأداء الاقتصادي, 2023, 06 (02)

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04680589

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