فعالية سياسة إستهداف التضخم في الجزائر

Abstract

The study addresses the effectiveness of the inflation targeting policy in Algeria by analyzing the development of inflation rates in Algeria during the period of economic openness (1990-2022) and its impact on economic growth rates in addition to oil prices, which are considered the determinant of development in Algeria due to its reliance on it. The study concluded that the success of the targeting policy Inflation requires the availability of a set of conditions, the most important of which are macroeconomic stability, the development of the productive system, the elimination of dependency on the fuel sector, the availability of an effective information system to use standard methods for forecasting, making decisions, and promoting Independence of the monetary authority and development of the banking system and financial market.