Measuring The Efficiency Of Algerian Central Bank Against Inflation

Abstract

This article attempts to assess the effectiveness of targeting inflation policy to reduce inflation in Algeria during the period 1990-2020, using annual data. In our research, inflation is represented by the change in the money supply (M) and the gross domestic product (GDP). The obtained results showed the weak effect of monetary policy in influencing inflation rates is due to the lack of complete independence of the Central Bank of Algeria in taking the correct decisions and measures to reduce inflation Rates.