The impact of unconventional financing on bank of Algeria independence

الملخص EN

This study aims to evaluate the impact of unconventional financing on bank of Algeria BA independence, and assessing BA independence since 1990 until the amendement of the money and credit law of 2017.

Ours results show that BA had a significant legal independence according to the money and credit law of 1990, lower governor's turnover rate and relatively less independence concerning political vulnerability using Cukierman methodology, however this does not always imply a high level of independence.

we find that unconventional financing had a negative impact on BA independence.