قياس أثر تطبيق سياسة التحرير المالي على النمو الاقتصادي في الجزائر خلال الفترة (1970-2015)‎

Abstract EN

This study aims to measure the effect of the application of the financial liberalization policy on economic growth in Algeria, especially after the issuance of the law 90_10 related to money and loans by using the victor error correction model on annual time series over a period going from 1970to 2015, based on the economic growth indicator GDP as a dependent variable, trade openness index Trade, and banking.

development index Bank, financial liberalization index FL as independent variables The results obtained from this study demonstrate the presence of a negative and significant relationship between financial liberalization and economic growth in Algeria in the long-term, Also the ence of a statistically significant relationship between trade openness and economic growth in the short term, in addition the existence of a positive significant relationship between economic growth and the development of the banking system in Algeria.