سياسات الكبح المالي و دورات النمو الاقتصادي في الدول النامية : تقارب أم تباعد ؟ : دراسة حالة الجزائر و السعودية

Abstract EN

This paper aims to examine the synchronization of financial repression policy and economic growth cycles in Algeria and Saudi Arabia for the period 1990-2021.

in order to achieve this goal, the cyclical compound relationship of the financial repression indicator and economic cycles is measured and analyzed.

the path of these components is determined based on modeling the timing of those cycles using the Bry & Bouchan (1971) method.

besides measuring their joint periodic motion using synchronization of cycles.

the main study results show that financial repression policy is not linked to business cycles in Algeria.

more specifically, the study find that this policy is out of sync with economic growth cycles.

while the policy of financial repression shows a kind of reverse direction synchronization in economic growth cycles in the case of Saudi Arabia.