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The Algerian economy between oil dependence and the inevitability of economic diversification

Sid Abdellaoui ()
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Sid Abdellaoui: UMBB - Université M'Hamed Bougara Boumerdes

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Abstract: The development path in Algeria shows that it was unable to establish a sustainable development path at all levels, which was mainly related to the lack of pace of structural transformation and the failure to build a diversified economic structure. Economic diversification represents a way out for the Algerian economy to modify its current development path, as it increases the spread of positive effects. Such as increasing productivity, efficiency and technological development among economic activities and sectors, while ensuring the need for a clear role from the state to direct this diversification towards creating the most dynamic and highly productive economic activities.

Keywords: economic diversification oil dependency structural imbalances renewable energies. JEL Classification Codes: L500 L780 L160 Q200; economic diversification; oil dependency; structural imbalances; renewable energies. JEL Classification Codes: L500; L780; L160; Q200 (search for similar items in EconPapers)
Date: 2022-12-04
New Economics Papers: this item is included in nep-ara and nep-env
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Published in International Journal of Economic Performance - المجلة الدولية للأداء الاقتصادي, 2022, 5 (2), https://www.asjp.cerist.dz/en/article/206513

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03904957

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