Diversification of Algerian exports (Reality, reasons, approaches
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Date
2021-12-31
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Publisher
Economic StudiesVolume: 21 issue: 02 PP: 372-385
Abstract
The purpose of this study is to analyze Algeria's foreign trade, reasons for
dependence on hydrocarbons, and methodologies for export diversification and growth.
The study found that increasing dependence on the private sector, expanding the
production structure and strengthening infrastructure, increasing the size of the financial
development market and opening up to trade and foreign direct investment, ensuring
positive interest rates, competitive exchange rates, and low inflation. Key roles in
promoting export diversification, and the most important market opportunity to boost
exports is the increased interest in developing the agricultural and e-commerce
sectors.