01613cas a2200241 a 4500 AALejournalIMF002866 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451811391 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Algeria : Selected Issues and Statistical Appendix. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (84 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Algeria remains heavily dependent on the hydrocarbon sector and still maintains a sizable and inefficient state-owned enterprise sector. Against this background, the paper addresses two different issues with important implications for macroeconomic stability in Algeria. The paper proposes the replacement of directed credit to large loss-making public enterprises with temporary and explicit budget subsidies. It also shows that money, volume of imports, and weather conditions have a strong impact on price movements in the short term, whereas the exchange rate has none. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2004/031 Full text available on IMF http://elibrary.imf.org/view/journals/002/2004/031/002.2004.issue-031-en.xml IMF e-Library