Annali di Ca’ Foscari. Serie orientale
55 | 2019

Annali di Ca’ Foscari. Serie orientale
55 | 2019

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Topic
chevron_rightLanguages and Cultures of the Middle and Far East

Language
en

ISSN
chevron_right1125-3789

e-ISSN
chevron_right2385-3042

Online issue
Vol. 55 | Num. 1 | Giugno 2019

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Annali di Ca’ Foscari. Serie orientale | 55 | 2019

Algeria and the Washington Consensus: Debtor-Creditor Relation Re-Examined

Francesco Saverio Leopardi
Alma Mater Studiorum Università di Bologna, Italia
francesco.leopardi2@unibo.it

DOI 10.30687/AnnOr/2385-3042/2019/01/005

Submitted 01 Mar 2019
Accepted 12 Apr 2019

Abstract

Algeria’s experience with liberal economic reforms occurred while the country faced its worst crisis due to the civil conflict between the army and Islamist insurgents. The study of Algeria’s debt relief process, from loan negotiation to the implementation of adjustment packages, is key to understand how the aid received enabled the Algerian authorities to survive the crisis and renew their patronage networks. Focusing on Algerian relation with International Financial Institutions, this paper provides a political analysis of this process. As a result, the creditors’ favour for stabilisation and their political priorities emerge as factors that increased the leverages of the Algerian authorities.

Keywords
Algeria. World Bank. International Monetary Fund. Washington Consensus. Debt Relief.

Creative Commons License This work is licensed under a Creative Commons Attribution 4.0 International License 

Table of contents
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Campo DC Valore

dc.contributor.author

Leopardi Francesco Saverio

dc.title

Algeria and the Washington Consensus: Debtor-Creditor Relation Re-Examined

dc.type

Journal Article

dc.language.iso

en

dc.identifier.uri

http://doi.org/10.14277/AnnOr/2385-3042/2019/01/005

dc.description.abstract

Algeria’s experience with liberal economic reforms occurred while the country faced its worst crisis due to the civil conflict between the army and Islamist insurgents. The study of Algeria’s debt relief process, from loan negotiation to the implementation of adjustment packages, is key to understand how the aid received enabled the Algerian authorities to survive the crisis and renew their patronage networks. Focusing on Algerian relation with International Financial Institutions, this paper provides a political analysis of this process. As a result, the creditors’ favour for stabilisation and their political priorities emerge as factors that increased the leverages of the Algerian authorities.

dc.relation.ispartof

Annali di Ca’ Foscari. Serie orientale

dc.relation.ispartof

Vol. 55 | Num. 1 | Giugno 2019

dc.publisher

Edizioni Ca’ Foscari - Digital Publishing

dc.date.issued

2019-06-28

dc.dateAccepted

2019-03-01

dc.dateSubmitted

2019-04-12

dc.identifier.issn

1125-3789

dc.identifier.eissn

2385-3042

dc.rights

Creative Commons 4.0 Attribution alone

dc.rights.uri

http://creativecommons.org/licenses/by/4.0/

dc.subject

Algeria

dc.subject

World Bank

dc.subject

International Monetary Fund

dc.subject

Washington Consensus

dc.subject

Debt Relief

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55 | 2019

Table of contents