The Reality of Economic Diversification and Its Role in Promoting Algerian Foreign Trade During the Period 2010-2016
Keywords:
economic diversification; foreign trade; rentier economy; economic sectors; trade promotion.Abstract
The study aimed to analyze and highlight the impact of economic diversification on foreign trade at the theoretical level and then attempt to apply this to the reality of economic diversification in Algeria during the period (2010-2016).
Given that Algeria's economy is heavily reliant on oil wealth, which is considered a finite resource threatened by depletion, the Algerian government deemed it necessary to transition from a rentier economy to a diversified one. This transition was achieved through a series of measures that aimed to bolster various economic sectors and encourage their penetration of international markets. The primary goal was to promote and diversify non-oil exports and eliminate export dependency on oil.
However, it was concluded that economic diversification did not bring any significant value or change to Algerian foreign trade due to the continued reliance on oil exports by the government.
Downloads
References
Bank of Algeria, Annual Report 2016 - Economic and Monetary Developments in Algeria, September 2017.
Bouchoul Al-Saeed, December 2017, Entrepreneurship as a Strategy for Economic Diversification, Algerian Journal of Economic Development, Issue 7, Page 228.
Jamal Jweidan Al-Jaml, 2011, International Trade, National Library, Oman.
Hamid Groomi, Zakia Mezzouz, October 28-29, 2014, The Role of the Agricultural Sector in Employment Policy in Algeria, Working Papers Presented at the International Scientific Symposium titled "The Agricultural Sector and the Requirements for Achieving Food Security in Arab Countries," University of Medea.
Sadeq Safi, Contribution of Economic Diversification to Economic Growth in Algeria During the Period 1980-2016, Strategy for Developing the Industrial Sector in the Framework of Economic Diversification Program in Algeria.
Abdelrahman Ouled Zawi, June 2017, Trade Liberalization Policies as an Entry Point for Diversifying Exports of Maghreb Countries, The Economic Researcher Journal, Issue 17.
Abdelkader Matouli, 2010, International Economics, First Edition, Dar Al-Fikr Publishers and Distributors, Jordan.
Annual Agricultural Statistics Book, Volume 32.
Mustafa Hemour, The Impact of Economic Diversification Contribution on the Tourism Sector, Journal of Development and Applied Economics, Volume 3, Issue 1, Page 39.
Mehdi Qitoun, December 2017, The Contribution of the New Industrial Strategy to the Performance of the Manufacturing Sector in Algeria, Journal of Humanities, Part 2, Issue 8, Page 271.
Mehdi Qitoun, December 2017, The Contribution of the New Industrial Strategy to the Performance of the Manufacturing Sector in Algeria, Journal of Humanities, Issue 8, Page 271.
Moussa Bahe, December 2016, Economic Diversification as a Strategic Option for Achieving Sustainable Development in Oil-Producing Countries, Algerian Journal of Economic Development, Issue 5, Page 135.
Nasr Hamidatou, 2019, The Impact of Foreign Direct Investment on Supporting Economic Diversification in Oil-Producing Countries, Doctoral Dissertation in International Economics, Abd Al-Hamid Ibn Badis University, Mostaganem.
Naïma Zeremi, 2011, Algerian Foreign Trade from Planned Economy to Market Economy, Master's Thesis in International Finance, University of Abi Bakr Belkaid, Tlemcen.
Walid Aabi, 2019, Environmental Protection and Trade Liberalization within the World Trade Organization Framework, Doctoral Dissertation in International Economics and Sustainable Development, University of Ferhat Abbas, Setif.
Christian volpemartincus.Sandra Milena Gómez, 2010, Trade policy and export diversification, The international trade journal, V 24,N 2
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
