قاعدة تايلور و منطقة النقد المثالية : ماذا عن إمكانية تطبيقها في دول المغرب العربي ؟

الملخص EN

The main objective of this paper is to test the effectiveness of a unique monetary policy when having a unique central bank in the Maghreb countries .

the aim i testing the validit of the Optimum Currency Area (OCA) using the Taylor rule.

The results show that using different rules of moneratry policy in different banking systems, monetary plolicies are not converging oward a same goal.

Thus makes the impossibility of creating a union.

Algeria has put inflation as a target, whereas Morroco has put the exchange rate as the targer to promote tourism and Tunisia has put Growth as the principal target.