تحليل مدى استقلالية بنك الجزائر وفقا لقانون النقد و القرض و مختلف التعديلات الطارئة عليه خلال الفترة 1990-2017

Abstract EN

The aim of this study is to analyze the independence of the Bank of Algeria in accordance with the Monetary and Credit Law 90-10 and the various amendments thereto until the last amendment of 2017 using the Cukierman, Webb and Neyapti (CWN) model.

To achieve the above objective, we used the deductive approach with its tools of description and analysis by discussing the following points: the conceptual framework for the independence of central banks, the standards of independence of central banks and it's measurements, the measurement of the independence of the Bank of Algeria in accordance with the Monetary and Loan Law and the various amendments thereto.

The study concluded that the Monetary and Credit Law 90-10 gave the Bank of Algeria broad autonomy in the management of monetary and credit affairs.

However, the amendments have reduced the independence of the Bank of Algeria, but the latter remains relative and this is only from the legal side.