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The Impact Of The Global Financial Crisis On Algerian Economy

Author

Listed:
  • Zeyneb GUELLIL

    (The Faculty of Economic and Management Sciences, University of Tlemcen, Algeria)

  • Fatima Zahra ALIOUI

    (Laboratory Money and Financial Institutions in the Arab Maghreb (MIFMA), University of Tlemcen, Algeria)

  • Soufyane BADRAOUI

    (Laboratory Industrial Enterprise and Society in Algeria (EISA), University of Tlemcen, Algeria)

Abstract

The Global Economic Crisis and 2008 financial crisis, is considered by many economists the worst financial crisis since the Great Depression of the 1930s , The financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. It is a situation where macro indicator like economic growth rate fall in most countries across the world. “Although economists largely failed to predict this global economic seismic shock, they have since made up for their oversight by generating a large and growing literature explaining the crisis.” In this discussion paper explores what happened and what issues arise from the Global Financial Crisis on the global economy and the Algerian economic in particular.

Suggested Citation

  • Zeyneb GUELLIL & Fatima Zahra ALIOUI & Soufyane BADRAOUI, 2015. "The Impact Of The Global Financial Crisis On Algerian Economy," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 7, pages 83-90, April.
    • Handle: RePEc:cmj:seapas:y:2015:i:7:p:83-90
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    More about this item

    Keywords

    The global financial crisis; Impact; Algerian Economy;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises

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