• Title/Summary/Keyword: Algerian Business and Economy

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Country Analysis: Algeria

  • Mehyaoul, Quafaa
    • Asian Journal of Business Environment
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    • v.5 no.3
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    • pp.29-31
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    • 2015
  • Purpose - The purpose of this country analysis is to examine its current state: economically, politically, legally, and ethically, and look at small and medium Algerian businesses to identify any issues that could hinder economic and business performance and growth. Research Design, and Methodology - This is a case study, an analytical approach, which focuses on exploring and analyzing different aspects of Algeria. Results - Since 2008, the Algerian economy has experienced a relative slowdown due to falling oil and gas prices and the economic recessions of its main trading partners, in particular, European countries. Algeria has still not managed to diversify its economy or establish competitive industrialization at the international level; it has had difficulty shifting from its economic dependence on hydrocarbons. Algerian businesses continue to face obstacles and constraints, penalized in their performance and prevented from success in a dense and competitive global marketplace. Conclusion - The Algerian economy and Algerian businesses have shown positive performance and growth over the last few decades. However, issues exist that may hinder both business and economic progress in the future.