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Algeria: Stabilization and Transition to Market

Author

Listed:
  • Ms. Nicole Laframboise
  • Ms. Patricia Alonso-Gamo
  • Mr. Alain Feler
  • Mrs. Stefania Bazzoni
  • Mr. Karim A. Nashashibi
  • Sebastian Paris Horvitz

Abstract

This paper offers Algeria's recent experience with macroeconomic stabilization and systemic transformation from a centrally planned to a market economy. The analyses focuses on the period since 1994 when Algeria embarked on a comprehensive reform program that has benefitted from IMF support, first through a one-year Stand-by Arrangement, and from May 1995, through a three-year arrangement under the Extended Fund Facility. To better understand this experience, this paper provides some background information on Algeria's political history and economic developments during the period preceding the Stand-By arrangement.

Suggested Citation

  • Ms. Nicole Laframboise & Ms. Patricia Alonso-Gamo & Mr. Alain Feler & Mrs. Stefania Bazzoni & Mr. Karim A. Nashashibi & Sebastian Paris Horvitz, 1998. "Algeria: Stabilization and Transition to Market," IMF Occasional Papers 1998/013, International Monetary Fund.
    • Handle: RePEc:imf:imfops:1998/013
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    Citations

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    Cited by:

    1. World Bank, 2003. "A Medium-Term Macroeconomic Strategy for Algeria : Sustaining Faster Growth with Economic and Social Stability, Volume 1. Main Report," World Bank Publications - Reports 14999, The World Bank Group.
    2. Mohammed Bouznit & María P. Pablo-Romero & Antonio Sánchez-Braza, 2018. "Residential Electricity Consumption and Economic Growth in Algeria," Energies, MDPI, vol. 11(7), pages 1-18, June.

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