الأهمية النسبية للسياسة المالية و النقدية على النمو الاقتصادي في الجزائر من 1962-2019

الملخص EN

Fiscal and monetary policy are considered to be the two most important instruments of macroeconomic in order to achieve high employment rates, price stability and sustainable economic growth, The aim of this study is to examine the relative importance of fiscal and monetary policy in Algeria using the method of joint integration and the error correction model, , while monetary supply negatively affects economic growth in Algeria, From there we conclude that the effectiveness of fiscal and monetary policy is very weak in the Algerian economy, mainly due to a combination of negative factors in the Algerian economy that led to imbalances and distortions in financial and monetary performance, It has contributed to the weak effectiveness of fiscal and monetary policy in achieving economic stability and stimulating economic growth.