Algeria’s Political Economy (1999-2002): an Economic Solution to the Crisis?
This article provides a detailed critical analysis of the economic policy implemented by the Algerian Governments between 1999 and 2002 (under the presidency of Abdelaziz Bouteflika), of its results, and of the advance of their structural reforms program. In this context, the social base of these reforms and the degree of social and political consensus about them are considered. Finally, the paper reviews the principal aspects of economic policy that will determine how far this policy will contribute to offering a solution to the serious crisis that Algeria has been undergoing since 1988 and to deactivating the risk of social instability that haunts the country: the issue of employment, the creation of a free trade area with the European Union and its impact, the role of the private sector and export diversification, foreign investment, and the regulation of the nation’s principal economic sector, the hydrocarbon sector. Within this framework, the matter of the viability of the reforms is raised, in a country dominated by the informal economy and the circuits for rent appropriation and realization that are parallel to the market, as well as the matter of the interaction between economic reform and political reform.
|Date of creation:||30 Apr 2004|
|Note:||Type of Document - doc; pages: 38. Article published in The Journal of North African Studies, Vol. 8, No. 2, Summer 2003, pp. 34-74.|
|Contact details of provider:|| Web page: http://econwpa.repec.org|
When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpdc:0404012. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.