Algeria: Selected Issues

Publication Date: February 05, 2014
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Summary: This Selected Issues paper explores the monetary policy transmission channels in Algeria and analyzes available options to strengthen monetary policy effectiveness. High liquidity has been the hallmark of the Algerian monetary policy framework for most of the 2000s. The paper assesses the impact of monetary policy changes on its final targets—growth and inflation, and outlines policy options to strengthen the efficacy of monetary policy. It takes stock of Algeria’s current fiscal framework, and discusses options and strategies for a revised fiscal framework. Key principles for managing natural resource funds are also described.
Series: Country Report No. 14/34
Subject(s): Fiscal policy | Hydrocarbons | Nonoil sector | Global competitiveness | Real effective exchange rates | Exchange rate depreciation | Monetary policy | Monetary transmission mechanism | Selected issues | Algeria

Publication Date: February 05, 2014
ISBN/ISSN: 9781475525984/1934-7685 Format: Paper
Stock No: 1DZAEA2014002 Pages: 59
US$18.00 (Academic Rate:
US$18.00 )
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