Trying to evaluate the performance of monetary policy instruments in their impact on economic variables in Alegria, an analytical study for the period 2000-2020
DOI:
https://doi.org/10.36540/kvf0jx79Keywords:
monetary policy; monetary policy tools; structural excess liquidity sterilization; inflation; economic growthAbstract
This study aims to show the impact of monetary policy tools
on the changes taking place in the Algerian economy during the period 2000-2020, after the beginning of 2002 was characterized by structural liquidity interspersed with some changes after the oil crisis of 2014 and the health crisis of 2020.
However, the monetary authority was able to control the monetary mass and sterilize the excess liquidity by following a restrictive monetary policy, to change the type of policy to an expansionary one after the 2014 crisis to remedy the situation, if the monetary policy followed was characterized by flexibility and effectiveness in controlling the prevailing economic situation throughout the period studying.
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