Abstract Research background Every country attempts to improve its balance of payments (BOP) position enhance macroeconomic policy. Algeria, like many developing countries, is experiencing a BOP deficit. This raises concerns about the reasons for this deficit and prioritizes quest potential answers. Purpose In context Monetary Approach (MABP), paper investigates long-run relationship between do...

Contemporary economies of developing countries are changing due to rapid changes in the world economy. The emergence of international financial industry for worldwide network of transactions altered the role of international economy. Increased financial flows have altered the role of private capital and subsequently effect resource allocation. The economies of developing countries are witnessin...