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Export diversification achievement in a reality of the Algerian economy dependency on hydrocarbon sector

Author

Listed:
  • Ammar Kherddine

    (TIPAZA UNIVERSITY CENTER DZA - Partenaires IRSTEA - IRSTEA - Institut national de recherche en sciences et technologies pour l'environnement et l'agriculture)

  • Bentalha Saliha

    (TIPAZA UNIVERSITY CENTER DZA - Partenaires IRSTEA - IRSTEA - Institut national de recherche en sciences et technologies pour l'environnement et l'agriculture)

Abstract

The Algerian economy still suffers from dependence on the hydrocarbon sector, despite the government`s successive reforms schemes since its independence in 1962. This paper deals with the scourges that the Algerian economy suffers from, such as Holland syndrome and Natural resources` price volatility, which hamper the Algerian economic diversification. It is noticeable that the state`s efforts to promote the private sector, which is characterized by the entrepreneurial and innovative returning, and in collaboration with the public dominant sector. The focus was also on legal reforms in 2019, which were represented in amending laws and regulations related to motivating investors and attracting foreign investments. What causes optimism, is that, these recent legal reforms require time to ensure their effectiveness in achieving economic development and export diversification.

Suggested Citation

  • Ammar Kherddine & Bentalha Saliha, 2023. "Export diversification achievement in a reality of the Algerian economy dependency on hydrocarbon sector," Post-Print halshs-04521274, HAL.
    • Handle: RePEc:hal:journl:halshs-04521274
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-04521274
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    More about this item

    Keywords

    Export Diversification Oil exporting economy Economic diversification Oil dependence. JEL Classification Codes: O43 E31 O11 F41; Export Diversification; Oil exporting economy; Economic diversification; Oil dependence. JEL Classification Codes: O43; E31; O11; F41;
    All these keywords.

    JEL classification:

    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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