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

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 volatili...

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Main Authors: AMMAR Kherddine, Saliha BENTALHA
Format: Article
Language:Arabic
Published: University of Boumerdes 2023-12-01
Series:المجلة الدولية للأداء الاقتصادي
Subjects:
Online Access:https://www.ijep.dz/index.php/IJEP/article/view/261
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author AMMAR Kherddine
Saliha BENTALHA
author_facet AMMAR Kherddine
Saliha BENTALHA
author_sort AMMAR Kherddine
collection DOAJ
description 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.
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spelling doaj.art-17cd089f154849af849a63547ddbb0652024-03-20T05:38:50ZaraUniversity of Boumerdesالمجلة الدولية للأداء الاقتصادي2661-71612716-90732023-12-0162Export diversification achievement in a reality of the Algerian economy dependency on hydrocarbon sectorAMMAR Kherddine0Saliha BENTALHA1University Center of Tipaza (Algeria)University Center of Tipaza (Algeria) 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. https://www.ijep.dz/index.php/IJEP/article/view/261Export DiversificationOil exporting economyEconomic diversificationOil dependence
spellingShingle AMMAR Kherddine
Saliha BENTALHA
Export diversification achievement in a reality of the Algerian economy dependency on hydrocarbon sector
المجلة الدولية للأداء الاقتصادي
Export Diversification
Oil exporting economy
Economic diversification
Oil dependence
title Export diversification achievement in a reality of the Algerian economy dependency on hydrocarbon sector
title_full Export diversification achievement in a reality of the Algerian economy dependency on hydrocarbon sector
title_fullStr Export diversification achievement in a reality of the Algerian economy dependency on hydrocarbon sector
title_full_unstemmed Export diversification achievement in a reality of the Algerian economy dependency on hydrocarbon sector
title_short Export diversification achievement in a reality of the Algerian economy dependency on hydrocarbon sector
title_sort export diversification achievement in a reality of the algerian economy dependency on hydrocarbon sector
topic Export Diversification
Oil exporting economy
Economic diversification
Oil dependence
url https://www.ijep.dz/index.php/IJEP/article/view/261
work_keys_str_mv AT ammarkherddine exportdiversificationachievementinarealityofthealgerianeconomydependencyonhydrocarbonsector
AT salihabentalha exportdiversificationachievementinarealityofthealgerianeconomydependencyonhydrocarbonsector