الرقابة على الصرف في الجزائر:حافز أم عائق أمام متطلبات تحقيق التنمية الاقتصادية؟

Abstract : The present paper reviews Algeria’s experience whith capital control,and whether its supporting arguments still exist.It shown that restrictions on capital movement and transactions under its mouving toward market economy may have opposite consequences and hamper efforts to diversify the economy which is a key aspect of economic development .Hence, capital control may contribute to the existence of worse financial environement ,and a black market for foreign exchange, whith serious risks that may have a deterrent effect on foreign direct investment,and capital outflow through non official channels