أثر التحرير المالي و التطور المالي على النمو الاقتصادي : دراسة حالة الاقتصاد الجزائري خلال (1970-2016)‎

الملخص EN

The aim of this paper is to examine the short and long term relationship between the financial liberalization and financial development (domestic credit, private credit and money supply) and economic growth in Algeria using annual data for the period 1970-2016.

This analysis is based on the Bound Testing Approach or the Autoregressive Distributed Lag (ARDL) given by Pesaran et al.

(2001).

The empirical results revealed the existence of a short and a long term relationship between financial liberalization, financial development and economic growth.

Also, the outcome of the analysis showed that trade openness and financial development boosted the Algerian economic growth in the short and long terms.