دور السياسة النقدية في تحقيق الاستقرار النقدي في الجزائر خلال الفترة 2000 - 2020

Abstract

This study dealt with a very important topic, which is the role of monetary policy in achieving monetary stability in Algeria during the period 2000-2020. The study aims to know the various types and tools of monetary policy used by the Central Bank of Algeria during the study period, study the development of the monetary mass and its counterparts, and conclude the reflection of monetary policy on monetary stability by studying the evolution of the monetary stability coefficient rate, and we have concluded that the central bank relies on a retrieval tool Liquidity and deposit facilitation in absorbing the excess liquidity more than the compulsory reserve, while the rest of the tools are considered ineffective, and the monetary mass has witnessed a great development and increase, which resulted in difficulty in controlling it through the monetary policy effectively and well.