The role of monetary policy in promoting economic growth in Algeria an analytical study for the Period (1990-2020
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Date
2023
Authors
Journal Title
Journal ISSN
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Publisher
M'hamed Bougara-Boumerdes Universty: Faculty of Economics, Commercial and Management Science
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
Description
Keywords
Monetary policy, Economic growth, Money supply, Code of money and credit
