Algeria: Stabilization and Transition to Market

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Algeria: Stabilization and Transition to Market by Nicole Ms. Laframboise, Patricia Ms. Alonso-Gamo, Alain Mr. Feler, Stefania Mrs. Bazzoni, Karim Mr. Nashashibi, Sebastian Paris Horvitz, INTERNATIONAL MONETARY FUND
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Author: Nicole Ms. Laframboise, Patricia Ms. Alonso-Gamo, Alain Mr. Feler, Stefania Mrs. Bazzoni, Karim Mr. Nashashibi, Sebastian Paris Horvitz ISBN: 9781452763101
Publisher: INTERNATIONAL MONETARY FUND Publication: August 6, 1998
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Nicole Ms. Laframboise, Patricia Ms. Alonso-Gamo, Alain Mr. Feler, Stefania Mrs. Bazzoni, Karim Mr. Nashashibi, Sebastian Paris Horvitz
ISBN: 9781452763101
Publisher: INTERNATIONAL MONETARY FUND
Publication: August 6, 1998
Imprint: INTERNATIONAL MONETARY FUND
Language: English

This paper offers Algeria's recent experience with macroeconomic stabilization and systemic transformation from a centrally planned to a market economy. The analyses focuses on the period since 1994 when Algeria embarked on a comprehensive reform program that has benefitted from IMF support, first through a one-year Stand-by Arrangement, and from May 1995, through a three-year arrangement under the Extended Fund Facility. To better understand this experience, this paper provides some background information on Algeria's political history and economic developments during the period preceding the Stand-By arrangement.

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This paper offers Algeria's recent experience with macroeconomic stabilization and systemic transformation from a centrally planned to a market economy. The analyses focuses on the period since 1994 when Algeria embarked on a comprehensive reform program that has benefitted from IMF support, first through a one-year Stand-by Arrangement, and from May 1995, through a three-year arrangement under the Extended Fund Facility. To better understand this experience, this paper provides some background information on Algeria's political history and economic developments during the period preceding the Stand-By arrangement.

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