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أثر أزمة منطقة اليورو على الإيرادات النفطية للجزائر للفترة 2005 - 2012
[The impact of euro zone crisis on oil revenues in Algeria]

Author

Listed:
  • ABDELLAOUI, Okba
  • Zergoune, Mohamed

Abstract

Like most developing underdeveloped countries Algerian exports is characterized by unilateralism that nature granted a comparative advantage in the production of hydrocarbons, that accounted for 98% of the export structure. In light of the survival nature of the rentier economy and structure of exports in the short and medium term as it is, with no clear strategies for action to change this structure, the Algerian economy and its growth, and economic policies made known remain closely linked to fluctuations in oil prices and global demand. This study highlights the periods of crisis as an exceptional situation affects tion centers financially and economically, causing cases of economic recession, which may live up to a ceiling of recession, affecting the most national macroeconomic variables, and moving from local dye to a regional and global scale through economic infection channels, perhaps the most important is the business deals channel, which considered exports including one of the most important vulnerability and impact entrances. Accordingly, we follow in this study the impact of The euro zone crisis on the Algerian oil revenues, and through the econometric model formulated.

Suggested Citation

  • ABDELLAOUI, Okba & Zergoune, Mohamed, 2015. "أثر أزمة منطقة اليورو على الإيرادات النفطية للجزائر للفترة 2005 - 2012 [The impact of euro zone crisis on oil revenues in Algeria]," MPRA Paper 65933, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:65933
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    More about this item

    Keywords

    financial crisis; oil revenue; exchange rate; inflation;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • G0 - Financial Economics - - General
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue

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