IMPACT DU SECTEUR FINANCIER SUR L’ACTIVITÉ ÉCONOMIQUE EN ALGÉRIE PAR UNE MCSRF

Abstract

This article tries to construct a real financial social accounting matrix for the Algerian economy for 2003 and we describe a number of multipliers in order to evaluate the impact of the financial sector on the real economy. We have simulated the effect of an increase in credits to the economy as well as a decrease in banking activities. The results show the weakness of the multipliers effetc in Algeria and are basically identical to those of research works on developing countries.