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

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Campo DC	Valore
dc.identifier	ECF_article_1732
dc.title	Algeria and the Washington Consensus: Debtor-Creditor Relation Re-Examined
dc.contributor.author	Leopardi Francesco Saverio
dc.publisher	Edizioni Ca’ Foscari - Digital Publishing
dc.type	Articolo
dc.language.iso	en
dc.identifier.uri	http://edizionicafoscari.it/it/edizioni4/riviste/annali-di-ca-foscari-serie-orientale/2019/1/algeria-and-the-washington-consensus-debtor-credit/
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 \| Giugno 2019
dc.issued	2019-06-28
dc.dateAccepted	2019-04-12
dc.dateSubmitted	2019-03-01
dc.identifier.issn
dc.identifier.eissn	2385-3042
dc.rights	Creative Commons Attribution 4.0 International Public License
dc.rights.uri	http://creativecommons.org/licenses/by/4.0/
dc.identifier.doi	10.30687/AnnOr/2385-3042/2019/01/005
dc.peer-review	yes
dc.subject	Algeria
dc.subject	Algeria
dc.subject	Debt Relief
dc.subject	Debt Relief
dc.subject	International Monetary Fund
dc.subject	International Monetary Fund
dc.subject	Washington Consensus
dc.subject	Washington Consensus
dc.subject	World Bank
dc.subject	World Bank

Articolo
open access peer reviewed

Francesco Saverio Leopardi Alma Mater Studiorum Università di Bologna, Italia

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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.

Pubblicato

28 Giugno 2019

Accettato

12 Aprile 2019

Presentato

01 Marzo 2019

Lingua

Keywords: International Monetary Fund • Washington Consensus • World Bank • Debt Relief • Algeria

permalink http://doi.org/10.30687/AnnOr/2385-3042/2019/01/005

Copyright: © 2019 Francesco Saverio Leopardi. This is an open-access work distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction is permitted, provided that the original author(s) and the copyright owner(s) are credited and that the original publication is cited, in accordance with accepted academic practice. The license allows for commercial use. No use, distribution or reproduction is permitted which does not comply with these terms.

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