EVALUATION OF THE TARGETED INFLATION POLICY IN ALGERIA- PERIOD 1996- 2016 ANALYTICAL STUDY
Abstract
Inflation is one of the problems that many countries suffer from, which results in financial and monetary imbalances. It has adopted a modern method known as the policy of targeting inflation with the aim of controlling the general level of prices and thus achieving permanent stability of macroeconomic indicators.
In this study, we discussed the extent to which Algeria can implement the policy of targeting inflation, and this is during an analytical study based on seven variables, which are: the consumer price index, the monetary mass, the gross domestic product, the rebate rate, and the obligatory reserve, during the period from 1997 To 2016, where it was concluded that it is difficult to implement the policy of targeting inflation in Algeria due to the lack of conditions, including the independence of the Central Bank.
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