دور السياسة النقدية الحديثة في استهداف التضخم بالجزائر : دراسة قياسية للفترة (2001-2017)‎

Abstract EN

Despite the success of modern monetary policy based on the adoption of inflation targeting strategy in the achievement of low inflation rates during the last decade in many countries, and the increasing demand for this policy on a continuous basis, but there is some doubts that it can be applied effectively in Algeria under the Regulatory and structural monetary conditions that coincided with the beginning of the implementation of the three development programs in the period from 2001 to 2017, in order to achieve the ultimate goal of controlling the overall level of prices.

The study, using the ARDL method, found that the lack of conditions for applying this policy in the Algerian economy prevented the desired results from being achieved.

However, this method can be used to manage future monetary policy.

In a phased manner, preceded by overcoming difficulties in their implementation.