Attempts to Industrial Reforms in Algeria: Do they fit the logic of Globalization?

Cherif Begga, Abdelhamid Merghit , Loyola University Chicago , 2014

Since its independence in 1962, Algeria, as an oil producing country, undertook the construction of a socialist economy supported by heavy industrialization and substantial in human capital. This strategy of development was based on state-led industrialization, after it nationalized almost the whole economy in 1966.However this policy focused on establishing large state enterprises and investing heavily in the public sector while not allowing any significant role for the private sector.

Related Topics