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Our paper in this international conference conclude that the revenues generated from oil wealth incited the government to provide financial support to borrowers ,banks and lenders alike, and this make the financial system appears stable despite the fact that this stability will be costly for the future taxpayers. In addition, an important part of public expenditure covers credit-risk in the financial system in a continued manner without a clear vision or a strength theoretical background. However, this way to achieve financial stability distorted pricing of risk, governance, and led to ill-banks, and distorts the bank- integrity and the role of finance in development. Thus, we say that the financial stability in Algeria remains a hostage to developments in the hydrocarbon sector. And represent the other face of a hided financial instability.
Our paper in this international conference conclude that the revenues generated from oil wealth incited the government to provide financial support to borrowers ,banks and lenders alike, and this make the financial system appears stable despite the fact that this stability will be costly for the future taxpayers. In addition, an important part of public expenditure covers credit-risk in the financial system in a continued manner without a clear vision or a strength theoretical background. However, this way to achieve financial stability distorted pricing of risk, governance, and led to ill-banks, and distorts the bank- integrity and the role of finance in development. Thus, we say that the financial stability in
RépondreSupprimerAlgeria remains a hostage to developments in the hydrocarbon sector. And represent the other face of a hided financial instability.