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Algeria: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency and Banking Supervision

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  • International Monetary Fund

Abstract

Algeria’s Financial System Stability Assessment highlights the Observance of Standards and Codes on monetary and financial policy transparency and banking supervision. Financial intermediation in Algeria will be bank-based in the future, and only politically difficult decisions to gradually sell state banks will eliminate the drag that current banking practices have on resource allocation. No system dominated by state banks has avoided large loan losses or contributed effectively to economic development.

Suggested Citation

  • International Monetary Fund, 2004. "Algeria: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency and Banking Supervision," IMF Staff Country Reports 2004/138, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2004/138
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    Cited by:

    1. Dodd, Randall & Griffith-Jones, Stephany, 2007. "Report on derivatives markets: stabilizing or speculative impact on Chile and a comparison with Brazil," Documentos de Proyectos 3559, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. Jordi Prat & Leandro Medina & Mr. Alun H. Thomas, 2010. "Current Account Balance Estimates for Emerging Market Economies," IMF Working Papers 2010/043, International Monetary Fund.
    3. International Monetary Fund, 2005. "Chile: Selected Issues," IMF Staff Country Reports 2005/316, International Monetary Fund.

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