les cahiers du mecas
Volume 20, Numéro 2, Pages 81-93
2024-12-14

The Impact Of Central Bank Independence On Economic Growth In Algeria 1990 – 2021



Authors : Youcef Tayeb . Bendahmane Mohammed El Amin .

Abstract

This study aims to measure the impact of central bank independence on economic growth in Algeria from 1990 to 2021 using the ARDL model. - Long-term Impact: Central bank independence is positively correlated with GDP growth, indicating that increased autonomy supports economic stability and growth. • Short-term Dynamics: The ARDL model confirms that central bank policies significantly affect GDP growth in the short term, although this impact varies with economic conditions.

Keywords

Monetary Policy, Central Bank Independence, Inflation, Economic Growth, Gross Domestic Product (GDP).

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