Revue Finance & marchés
Volume 9, Numéro 2, Pages 16-30
Authors : Tebache Djamal .
The purpose of this paper is to highlight the impact that the war in Ukraine may have on the world cereal market, particularly that of wheat, and consequently, its repercussions on vulnerable economies such as Algeria. We rely in our analysis on a theoretical approach by returning to the foundations of the market economy and the hypothesis of financial speculation, price inflation and mimicry in the financial market in order to understand this impact. Obtained results indicate a possible latent effect vertically on the Algerian economy, but very pronounced horizontally, due to the policy of all-out subsidies, which requires a profound and urgent revision of this policy.
Russo-Ukrainian crisis ; wheat ; financial speculation ; contagion ; Algeria
Said Houari Amel