الآثار الاقتصادية الكلية للسياسة النقدية غير التقليدية : حالة التمويل غير التقليدي في الجزائر في الفترة 2017-2019

الملخص EN

We aim through this research paper to highlight the macro-economic effects of unconventional monetary policy on the Algerian economy.

the application of this unconventional financing method is as stipulated the law 17 / 10, which dates from October 11, 2017.

the choice of this method of financing was motivated by the financial crisis, this later that collapsed the Algerian economy, following the drastic fall in oil prices from the second half of 2014.

we arrived at several results, among them : despite the adoption of this unconventional monetary policy during the period 2017-2019, the results do not follow, since : we have witnessed the repeal of law 17 / 10 which stipulates the adoption of this method of financing ; macroeconomic indices (GDP, dinar value, etc.) have not seen any real improvement ; instead of the expected results, we have seen fluctuations in growth rates in almost all economic sectors.