إدارة سعر الصرف و أثرها على سياسة استهداف التضخم –دراسة حالة الجزائر

Abstract

The inflation targeting is a monetary regime that emerged in the early nineties following the crises resulting from targeting inflation indirectly such as exchange rate targeting and monetary aggregates targeting, in inflation targeting the inflation rate is targeted directly with the general commitment to control inflation with high degree of transparency, accountability, and credibility. the policy of inflation targeting has shown positive results in reducing inflation and output volatility, and also anchoring expectations but these results were conditioned on the achievement of some requirements and Algeria as developing country does not have good stance concerning these requirements such as; monetary policy autonomy, the fiscal dominance, the credibility, transparency and accountability of policy makers, enhancing these requirement can benefit the country from the monetary policy management through inflation targeting.