أبعاد إقتصادية
Volume 15, Numéro 1, Pages 417-434
2025-06-30
The Experiment Of Implementing Quantitative Easing Policy In Algeria
Authors : Titouche Souhila .
Abstract
Quantitative easing is regarded as an unconventional monetary policy that has been utilized by various advanced economies ease the repercussions of the global financial turmoil of (2008). The main purpose of this paper is to assess the implementation of quantitative easing in Algeria, which was introduced as an alternative financing method starting in October (2017). This policy change was made possible through a revision of the Monetary and Credit Law, enabling the Bank of Algeria to directly fund the public treasury’s deficit and sustain economic development despite the pressures from the oil market slump.The main goal of this study is to investigate and explore the rationale behind adopting this policy, the mechanisms and conditions associated with its execution, and to evaluate its broader economic consequences.
Keywords
Quantitative easing, unconventional financing, Algerian economy, Monetary and Credit Law.
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