Algeria: Selected Issues and Statistical Appendix

March 12, 2003

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Algeria: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2003) accessed September 19, 2024

Summary

This Selected Issues paper and Statistical Appendix deals with the issue of low growth in Algeria. A growth-accounting exercise indicates that negative total factor productivity growth explains Algeria’s low growth rates. This paper highlights the sources of this low growth that mainly consist of incomplete structural reforms and the weaknesses of Algeria’s institutions. It describes policy recommendations, focusing on the institutional reforms required to improve the business environment. The paper also analyzes Algeria’s monetary policy in the context of volatile hydrocarbon revenues.

Subject: Demand for money, Employment, Financial markets, Labor, Monetary base, Money, Money markets, Unemployment

Keywords: Algeria, Algeria's monetary policy, CR, Demand for money, East Africa, Economic recovery plan, Employment, Employment opportunity, Europe, Fiscal policy, Growth performance, ISCR, Maghreb, Middle East, Monetary base, Money markets, North Africa, Oil price shock, Unemployment

Publication Details

Pages:

97
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/069
Stock No:

1DZAEA0022003
ISBN:

9781451811421
ISSN:

1934-7685

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