مجلة العلوم الإدارية والمالية
Volume 6, Numéro 2, Pages 380-398
2022-12-31

The Concept Of Central Bank Independence And Its Role In Determining The Fiscal-monetary Coordination, The Algerian Experience.

Authors : Zahaf Youcef . Chibi Abderrahim .

Abstract

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.

Keywords

central bank independence ; fiscal-monetary coordination ; Algeria ; economic performance ; bank of Algeria