Advanced Search
MyIDEAS: Login

Endettement et restructurations économiques et financières au Maghreb

Contents:

Author Info

  • Mohamed Benlahcen Tlemçani
Registered author(s):

    Abstract

    [fre] Cet article analyse la crise d'endettement dans les trois pays du Maghreb central (Maroc, Algérie et Tunisie) et montre que celle-ci a pris ses racines profondes dans un certain nombre de déséquilibres fondamentaux liés aux politiques économiques poursuivies. Pris dans le tourbillon de la dette et la logique des remboursements, les Etats du Maghreb ont été conduits sous la pression du F.M.I. , à réviser leurs politiques expansionnistes engagées au cours des années 1970. Mais les ajustements opérés qui devaient en principe réduire les déséquilibres économiques les ont au contraire aggravés : persistance du déficit chronique de la balance des paiements, accroissement vertigineux de l'endettement, fléchissement de l'investissement, aggravation du chômage et incapacité du secteur privé à prendre la relève du public. [eng] This article analyses the crisis generated by the getting into debts of the three countries of central Maghreb: Morocco, Algeria and Tunisia. It shows how the crisis is deeply rooted in the fundamental unbalance due to the economic policies of the different countries. Caught between the need financing and the logic of the repayments, the Maghreb states had to revise, under the pressure of the I. M.F., the expansionist policies started in the 1970. But the adjustments that were supposed to settle the economic problems produced the reverse effect: the balance of payments is still in the line of chronic deficit, the amount of debts is increasing dangerously, investments are slowing down, the unemployment rate is rising, and the private sector fails to take over from the public sector.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://dx.doi.org/10.3406/rfeco.1991.1291
    Download Restriction: no

    File URL: http://www.persee.fr/articleAsPDF/rfeco_0769-0479_1991_num_6_3_1291/rfeco_0769-0479_1991_num_6_3_1291.pdf?mode=light
    Download Restriction: no

    Bibliographic Info

    Article provided by Programme National Persée in its journal Revue française d'économie.

    Volume (Year): 6 (1991)
    Issue (Month): 3 ()
    Pages: 115-142

    as in new window
    Handle: RePEc:prs:rfreco:rfeco_0769-0479_1991_num_6_3_1291

    Note: DOI:10.3406/rfeco.1991.1291
    Contact details of provider:
    Web page: http://www.persee.fr/web/revues/home/prescript/revue/rfeco

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:prs:rfreco:rfeco_0769-0479_1991_num_6_3_1291. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Equipe PERSEE).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.