The impact of the policy of curbing imports on economic growth and inflation in Algeria.

Abdelhafidi, Aissa; Djedi, Larbi

مجلة بحوث الإدارة والاقتصاد
Volume 5, Numéro 3, Pages 526-546
2023-09-10

The Impact Of The Policy Of Curbing Imports On Economic Growth And Inflation In Algeria.

Authors : Abdelhafidi Aissa . Djedi Larbi .

Abstract

Imports are considered one of the important economic sectors in any economy, through which the necessary needs are provided, whether production or consumption, but Algeria during the past years, with the beginning of the oil crisis, pursued an economic policy that contradicts the policy of economic freedom that it adopted in the early nineties, represented in reducing And curbing imports, all in the hope of reducing the deficit of the trade balance and the balance of payments. This study came to address an important problem represented in knowing the effect of adopting a policy of curbing imports on economic growth and inflation in Algeria. Using the appropriate standard tools, we found that reducing imports by 1 billion US dollars leads to an increase in the prices of consumer and productive materials by 1.07% and a decrease in the amount of per capita output. the gross domestic product by 0.3%.