Browsing by Author "Chibi, Abderrahim"

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    The Concept Of Central Bank Independence And Its Role In Determining The Fiscal-monetary Coordination, The Algerian Experience.
    (جامعة الوادي - University of Eloued, 2022-12-31) Zahaf, Youcef; Chibi, Abderrahim
    This scientific paper aims to shed light on the concept of central bank independence and its impact on the work of central banks in light of what is known as coordination between financial and monetary policies, by addressing various recent studies in the field and drawing the most important conclusions from them. Highlighting the Algerian economy in this aspect and analyzing it. The most important results were that the independence of the central bank is essential to focus on in order to build a strong relationship between the monetary and financial authorities in Algeria in order to find radical solutions to stand up and advance the Algerian economy.
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    Financial Sector Development And Economic Growth In Algeria: An Ardl Bounds Testing Approach 1980-2017
    (University of Eloued جامعة الوادي, 2019-07-31) FAHSI, Zineb; Chibi, Abderrahim
    This study empirically examines the relationship between financial sector development and economic growth in Algeria over the period 1980–2017, using the auto-regressive distributed lag approach to co-integration analysis, depending on real gross domestic product per capita as a dependent variable, broad money and domestic credit to private sector as a measure of financial development. Our results reveal that the relationship between financial development and economic growth in Algeria is not significantly different from what has been observed generally in oil-dependent economies. The finance-growth relation in Algeria is found to be insignificantly positive. These findings suggest a dire need for financial reforms in Algeria in order to improve efficiency in the financial sector so as to stimulate investment and saving and thus, long-term economic growth