Published June 22, 2023 | Version v1

Evaluating the Path of Financial Editorial in Algeria and its Impact on Economic Growth in Algeria

  • 1. University of Ain Temouchent, Algeria
  • 2. University of Ouargla, Algeria

Description

Abstract: Algeria adopted a market economy system in the early 1990s and embarked on a policy of financial liberalization to enhance economic development. This study aims to evaluate the trajectory of these reforms and measure the impact of financial liberalization on economic growth during the period from 1990 to 2021, using the Autoregressive Distributed Lag (ARDL) approach. Our findings indicate that financial liberalization in Algeria remains partial and lacks the necessary conditions for its promotion, especially in the absence of a robust banking and financial sector and an efficient production base. The success of financial liberalization policy and the achievement of economic development in Algeria depend on stimulating the production apparatus and developing the financial intermediation system.

Keywords: Financial Liberalization, Economic Growth, Reforms, Banking and Financial Sector, Autoregressive Distributed Lag (ARDL)

JEL Classification Number: O16, O43, E44, G28

Files

Restricted

The record is publicly accessible, but files are restricted. Log in to check if you have access.

Request access

If you would like to request access to these files, please fill out the form below.

You need to satisfy these conditions in order for this request to be accepted:

Subscription is required.

You are currently not logged in. Do you have an account? Log in here