أبحاث قانونية وسياسية
Volume 10, Numéro 2, Pages 980-1000
2025-12-30
From Political Decision To Economic Impact: Assessing The Effects Of 2025 Regulatory Easing On Micro-imports And Tourism Foreign Exchange Allowances On Algeria’s Informal Exchange Market
Authors : Mammar Bounouar .
Abstract
This study assesses how Algeria’s 2025 political decision to legalize micro-importation and increase tourism foreign currency allowances translates into economic spillovers on the informal exchange market. Using a systemic time-series design (2001–2025), it treats import operations and foreign reserves as structural proxies for policy easing and liquidity constraint, respectively, and models their impact on the exchange rate premium. Results show that the political decision of import liberalization and tourism currency easing, significantly amplifies informal pressure, while reserve increases offer only transient relief. This asymmetry reveals that politically motivated regulatory easing, when decoupled from monetary backing, risks reinforcing, rather than resolving the dual-market disequilibrium it seeks to fix.
Keywords
Informal Exchange Market ; Policy Coordination ; Policy-making ; Predictive Causality ; Proxy Indexes ; Regulatory Spillovers
Les articles similaires
Ameur Aboubakr
.
Kourtel Nadjet
.
pages 289-311.
Bey Mohamed Ayoub
.
Abada Abderraouf
.
pages 422-440.
Benazza Hicham
.
pages 208-224.
Oulad Brahim Laila
.
pages 423-447.
Saad Kouider
.
Oucif Mohamed Saleh
.
pages 960-989.
