أزمة الديون السيادية الأوروبية و انعكاساتها على موازين مدفوعات دول المغرب العربي ـ دراسة حالة الجزائر خلال الفترة 2005-2011

Abstract

The global economy did not recover from the crisis of home buying loan of 2008, till the sovereign debt crisis of Greece exploded warning and threatening to undermine a unique experience which was hoped to be crowned with highest forms European of economic and monetary integration «euro ». An economic recession in the European Union has resulted from the global crisis, which lead to the pumping of liquidity to stimulate the economy. foreign loaning occurred which resulted in slower growth, deficits for repayment of sovereign debt that has spread to the rest countries: Ireland, Portugal and Spain and which has inflated to reach Italy. The implications of the sovereign debt crisis in the euro zone, will affect the stability of the world system financial, including developing countries. The Maghreb Arab countries are considered to be among the largest states affected by the collapse of European economies, pointing out that 60% of the economy of the countries of the Maghreb Arab is linked to Europe. This study came to discuss the reflections of the European sovereign debt crisis «euro zone crisis» on the balances of payments for Maghreb Arab countries « case study of Algeria».