أثر سياسة تخفيض قيمة العملة على الاستقرار الاقتصادي في الجزائر

Abstract

This study aims to determine the impact of the currency devaluation policy on economic stability in Algeria during the period (1990-2022). To achieve this goal, this study was divided into four chapters. After addressing all theoretical aspects related to the study variables and studying the development of the Algerian dinar, as well as analyzing the development of the basic indicators of economic stability in Algeria (economic growth, nflation, unemployment, balance of payments) during the study period, the impact of the currency devaluation policy on economic stability indicators in Algeria was finally measured using the ARDL model.The study concluded that there is a long-term significant impact of the devaluation of the Algerian dinar on economic stability indicators in Algeria, but this impact varies from one indicator to another, as the impact of the devaluation of the Algerian dinar was significant and positive on both economic growth and the inflation rate, and significant and negative on both unemployment and the trade balance balance and thus on the balance of payments balance.