Algeria: Selected Issues

International Monetary Fund

No 2005/052, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper on Algeria reports that the authorities have relied on an expansionary fiscal stance to stimulate growth and employment, but structural reforms have virtually stalled. Although the economy has recorded increasing growth, the nonhydrocarbon sector remains small and unemployment pervasive. The current political stability and a strong financial position provide a favorable framework for taking decisive steps to strengthen private sector activities and to complete the transition to a market economy.

Keywords: ISCR; CR; government; ICOR; price (search for similar items in EconPapers)
Pages: 93
Date: 2005-02-15
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