A Medium-Term Macroeconomic Strategy for Algeria : Sustaining Faster Growth with Economic and Social Stability, Volume 1. Main Report

This study is part of a series of analytical works on Algeria prepared by the Bank, with the aim of laying out the framework, and facilitating the dialogue for elaborating the Bank's Country Assistance Strategy for Algeria. Companion studies i...

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Bibliographic Details
Main Author: World Bank
Format: Country Economic Memorandum
Language:English
en_US
Published: Washington, DC 2013
Subjects:
GDP
OIL
TAX
Online Access:http://documents.worldbank.org/curated/en/2003/05/2390963/algeria-medium-term-macroeconomic-strategy-algeria-sustaining-faster-growth-economic-social-stability-vol-1-2-main-report
http://hdl.handle.net/10986/14999
id okr-10986-14999
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ADVERSE CONSEQUENCES
AGRICULTURE
ASSET MANAGEMENT
BAD DEBTS
BALANCE SHEETS
BANK DEPOSITS
BANK FAILURES
BANK LOANS
BANKING SECTOR
BENCHMARKING
BORROWING
BUDGET DEFICITS
BUREAUCRATIC BEHAVIOR
COMMAND ECONOMY
COMPETITIVENESS
CONSENSUS
CONSOLIDATION
CREDIT CULTURE
DEBT
DEBT SERVICE
DECREES
DEPOSITS
DEVALUATION
DEVELOPMENT STRATEGY
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC INFORMATION
ECONOMIC PERFORMANCE
EMPLOYMENT
ENTERPRISE RESTRUCTURING
EXCHANGE RATE
EXPENDITURE
EXPORTS
FACTORING
FINANCIAL INSTITUTIONS
FINANCIAL MANAGEMENT
FINANCIAL RESOURCES
FINANCIAL SECTOR
FISCAL
FISCAL BALANCE
FISCAL DEFICIT
FISCAL DEFICITS
FISCAL MANAGEMENT
FISCAL PERFORMANCE
FISCAL POLICIES
FISCAL POLICY
FISCAL REVENUE
FISCAL REVENUES
FISCAL STANCE
FISCAL SUSTAINABILITY
FISCAL YEAR
FOREIGN DEBT
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FOREIGN INVESTORS
FOREIGN RESERVES
FOREIGN TRADE
FORMAL EMPLOYMENT
GDP
GDP PER CAPITA
GOVERNMENT AGENCIES
GOVERNMENT DEBT
GOVERNMENT POLICY
GROWTH
GROWTH POTENTIAL
GROWTH RATE
HARD BUDGET CONSTRAINTS
HIGH UNEMPLOYMENT
HOUSING
HOUSING FINANCE
HUMAN CAPITAL
HUMAN CAPITAL INDICATORS
HUMAN DEVELOPMENT
IMPORTS
INCOME
INFORMAL LABOR
INFORMAL LABOR MARKET
INFORMAL SECTOR
INSTITUTIONAL WEAKNESSES
INTEREST RATES
INTERMEDIATE INPUTS
INVESTMENT CLIMATE
LABOR COSTS
LABOR FORCE
LABOR MARKET
LAWS
LEGAL FRAMEWORK
LEGISLATION
LEVEL PLAYING FIELD
LIABILITY MANAGEMENT
LIQUIDATION
LIVING STANDARDS
MACROECONOMIC MANAGEMENT
MACROECONOMIC POLICIES
MACROECONOMIC POLICY
MACROECONOMIC STABILITY
MARKET DISCIPLINE
MONOPOLIES
OIL
OIL PRICES
OPEN MARKETS
OPPORTUNITY COST
POLICIES
POPULATION GROWTH
PRIVATE SECTOR
PRIVATE SECTOR INVESTMENT
PRIVATIZATION
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROFITABILITY
PUBLIC ADMINISTRATION
PUBLIC ENTERPRISES
PUBLIC EXPENDITURE
PUBLIC EXPENDITURES
PUBLIC GOOD
PUBLIC INVESTMENT
PUBLIC POLICIES
PUBLIC SECTOR
PUBLIC SERVICE
PUBLIC SERVICE DELIVERY
PUBLIC SERVICES
RECAPITALIZATION
REGULATORY FRAMEWORK
RISK TAKING
SAVINGS
SECURITIES
SECURITIES MARKETS
SOCIAL SECTORS
SOCIAL SECURITY
SOCIAL STABILITY
STATE ENTERPRISES
STATE-OWNED ENTERPRISES
TAX
TOTAL FACTOR PRODUCTIVITY
TRADE LIBERALIZATION
TRANSITION ECONOMIES
TRANSPARENCY
UNEMPLOYMENT RATE
UNFAIR COMPETITION
WTO ECONOMIC GROWTH
MACROECONOMIC STABILITY
FACTOR PRODUCTIVITY
ASSET RETURNS
PRIVATIZATION
MARKET ECONOMY
BANK RESTRUCTURING
MANUFACTURING PRODUCTION
TRADE LIBERALIZATION
TRANSITIONAL ECONOMIES
GROWTH POLICY
ACCESS TO CREDIT
INVESTMENT ENVIRONMENT
BUSINESS SERVICES
PRIVATE SECTOR DEVELOPMENT
MINING SECTOR
COMPETITIVENESS
ENABLING ENVIRONMENT
FISCAL POLICY
FISCAL SUSTAINABILITY
FISCAL MANAGEMENT
DEBT MANAGEMENT
spellingShingle ADVERSE CONSEQUENCES
AGRICULTURE
ASSET MANAGEMENT
BAD DEBTS
BALANCE SHEETS
BANK DEPOSITS
BANK FAILURES
BANK LOANS
BANKING SECTOR
BENCHMARKING
BORROWING
BUDGET DEFICITS
BUREAUCRATIC BEHAVIOR
COMMAND ECONOMY
COMPETITIVENESS
CONSENSUS
CONSOLIDATION
CREDIT CULTURE
DEBT
DEBT SERVICE
DECREES
DEPOSITS
DEVALUATION
DEVELOPMENT STRATEGY
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC INFORMATION
ECONOMIC PERFORMANCE
EMPLOYMENT
ENTERPRISE RESTRUCTURING
EXCHANGE RATE
EXPENDITURE
EXPORTS
FACTORING
FINANCIAL INSTITUTIONS
FINANCIAL MANAGEMENT
FINANCIAL RESOURCES
FINANCIAL SECTOR
FISCAL
FISCAL BALANCE
FISCAL DEFICIT
FISCAL DEFICITS
FISCAL MANAGEMENT
FISCAL PERFORMANCE
FISCAL POLICIES
FISCAL POLICY
FISCAL REVENUE
FISCAL REVENUES
FISCAL STANCE
FISCAL SUSTAINABILITY
FISCAL YEAR
FOREIGN DEBT
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FOREIGN INVESTORS
FOREIGN RESERVES
FOREIGN TRADE
FORMAL EMPLOYMENT
GDP
GDP PER CAPITA
GOVERNMENT AGENCIES
GOVERNMENT DEBT
GOVERNMENT POLICY
GROWTH
GROWTH POTENTIAL
GROWTH RATE
HARD BUDGET CONSTRAINTS
HIGH UNEMPLOYMENT
HOUSING
HOUSING FINANCE
HUMAN CAPITAL
HUMAN CAPITAL INDICATORS
HUMAN DEVELOPMENT
IMPORTS
INCOME
INFORMAL LABOR
INFORMAL LABOR MARKET
INFORMAL SECTOR
INSTITUTIONAL WEAKNESSES
INTEREST RATES
INTERMEDIATE INPUTS
INVESTMENT CLIMATE
LABOR COSTS
LABOR FORCE
LABOR MARKET
LAWS
LEGAL FRAMEWORK
LEGISLATION
LEVEL PLAYING FIELD
LIABILITY MANAGEMENT
LIQUIDATION
LIVING STANDARDS
MACROECONOMIC MANAGEMENT
MACROECONOMIC POLICIES
MACROECONOMIC POLICY
MACROECONOMIC STABILITY
MARKET DISCIPLINE
MONOPOLIES
OIL
OIL PRICES
OPEN MARKETS
OPPORTUNITY COST
POLICIES
POPULATION GROWTH
PRIVATE SECTOR
PRIVATE SECTOR INVESTMENT
PRIVATIZATION
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROFITABILITY
PUBLIC ADMINISTRATION
PUBLIC ENTERPRISES
PUBLIC EXPENDITURE
PUBLIC EXPENDITURES
PUBLIC GOOD
PUBLIC INVESTMENT
PUBLIC POLICIES
PUBLIC SECTOR
PUBLIC SERVICE
PUBLIC SERVICE DELIVERY
PUBLIC SERVICES
RECAPITALIZATION
REGULATORY FRAMEWORK
RISK TAKING
SAVINGS
SECURITIES
SECURITIES MARKETS
SOCIAL SECTORS
SOCIAL SECURITY
SOCIAL STABILITY
STATE ENTERPRISES
STATE-OWNED ENTERPRISES
TAX
TOTAL FACTOR PRODUCTIVITY
TRADE LIBERALIZATION
TRANSITION ECONOMIES
TRANSPARENCY
UNEMPLOYMENT RATE
UNFAIR COMPETITION
WTO ECONOMIC GROWTH
MACROECONOMIC STABILITY
FACTOR PRODUCTIVITY
ASSET RETURNS
PRIVATIZATION
MARKET ECONOMY
BANK RESTRUCTURING
MANUFACTURING PRODUCTION
TRADE LIBERALIZATION
TRANSITIONAL ECONOMIES
GROWTH POLICY
ACCESS TO CREDIT
INVESTMENT ENVIRONMENT
BUSINESS SERVICES
PRIVATE SECTOR DEVELOPMENT
MINING SECTOR
COMPETITIVENESS
ENABLING ENVIRONMENT
FISCAL POLICY
FISCAL SUSTAINABILITY
FISCAL MANAGEMENT
DEBT MANAGEMENT
World Bank
A Medium-Term Macroeconomic Strategy for Algeria : Sustaining Faster Growth with Economic and Social Stability, Volume 1. Main Report
geographic_facet Middle East and North Africa
Algeria
description This study is part of a series of analytical works on Algeria prepared by the Bank, with the aim of laying out the framework, and facilitating the dialogue for elaborating the Bank's Country Assistance Strategy for Algeria. Companion studies include: "A Private Sector Development Strategy Note: A Diagnostic on Foreign Direct Investment in Algeria" (FIAS). This report is divided into three parts. It presents a diagnostic of the slow growth performance, by benchmarking Algeria's performance against other comparator countries, with the aim of identifying the key bottlenecks to better long-term growth performance in Algeria". Building on this analysis, experience from transition economies, and diagnostics in the companion reports, the second part reviews options in structural reforms to encourage the development of the private sector, by strengthening the investment climate and furthering Algeria's transition to the market. the third part examines options to strengthen the fiscal framework, to insulate the fiscal stance from volatile hydrocarbon fiscal revenues and secure fiscal sustainability, so as to achieve a sustained acceleration of growth. More technical background material of the analysis is presented in the annexes, in volume two.
format Economic & Sector Work :: Country Economic Memorandum
author World Bank
author_facet World Bank
author_sort World Bank
title A Medium-Term Macroeconomic Strategy for Algeria : Sustaining Faster Growth with Economic and Social Stability, Volume 1. Main Report
title_short A Medium-Term Macroeconomic Strategy for Algeria : Sustaining Faster Growth with Economic and Social Stability, Volume 1. Main Report
title_full A Medium-Term Macroeconomic Strategy for Algeria : Sustaining Faster Growth with Economic and Social Stability, Volume 1. Main Report
title_fullStr A Medium-Term Macroeconomic Strategy for Algeria : Sustaining Faster Growth with Economic and Social Stability, Volume 1. Main Report
title_full_unstemmed A Medium-Term Macroeconomic Strategy for Algeria : Sustaining Faster Growth with Economic and Social Stability, Volume 1. Main Report
title_sort medium-term macroeconomic strategy for algeria : sustaining faster growth with economic and social stability, volume 1. main report
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2003/05/2390963/algeria-medium-term-macroeconomic-strategy-algeria-sustaining-faster-growth-economic-social-stability-vol-1-2-main-report
http://hdl.handle.net/10986/14999
_version_ 1764428174107607040
spelling okr-10986-149992021-04-23T14:03:16Z A Medium-Term Macroeconomic Strategy for Algeria : Sustaining Faster Growth with Economic and Social Stability, Volume 1. Main Report World Bank ADVERSE CONSEQUENCES AGRICULTURE ASSET MANAGEMENT BAD DEBTS BALANCE SHEETS BANK DEPOSITS BANK FAILURES BANK LOANS BANKING SECTOR BENCHMARKING BORROWING BUDGET DEFICITS BUREAUCRATIC BEHAVIOR COMMAND ECONOMY COMPETITIVENESS CONSENSUS CONSOLIDATION CREDIT CULTURE DEBT DEBT SERVICE DECREES DEPOSITS DEVALUATION DEVELOPMENT STRATEGY ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC INFORMATION ECONOMIC PERFORMANCE EMPLOYMENT ENTERPRISE RESTRUCTURING EXCHANGE RATE EXPENDITURE EXPORTS FACTORING FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL RESOURCES FINANCIAL SECTOR FISCAL FISCAL BALANCE FISCAL DEFICIT FISCAL DEFICITS FISCAL MANAGEMENT FISCAL PERFORMANCE FISCAL POLICIES FISCAL POLICY FISCAL REVENUE FISCAL REVENUES FISCAL STANCE FISCAL SUSTAINABILITY FISCAL YEAR FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN RESERVES FOREIGN TRADE FORMAL EMPLOYMENT GDP GDP PER CAPITA GOVERNMENT AGENCIES GOVERNMENT DEBT GOVERNMENT POLICY GROWTH GROWTH POTENTIAL GROWTH RATE HARD BUDGET CONSTRAINTS HIGH UNEMPLOYMENT HOUSING HOUSING FINANCE HUMAN CAPITAL HUMAN CAPITAL INDICATORS HUMAN DEVELOPMENT IMPORTS INCOME INFORMAL LABOR INFORMAL LABOR MARKET INFORMAL SECTOR INSTITUTIONAL WEAKNESSES INTEREST RATES INTERMEDIATE INPUTS INVESTMENT CLIMATE LABOR COSTS LABOR FORCE LABOR MARKET LAWS LEGAL FRAMEWORK LEGISLATION LEVEL PLAYING FIELD LIABILITY MANAGEMENT LIQUIDATION LIVING STANDARDS MACROECONOMIC MANAGEMENT MACROECONOMIC POLICIES MACROECONOMIC POLICY MACROECONOMIC STABILITY MARKET DISCIPLINE MONOPOLIES OIL OIL PRICES OPEN MARKETS OPPORTUNITY COST POLICIES POPULATION GROWTH PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PRIVATIZATION PRODUCTIVITY PRODUCTIVITY GROWTH PROFITABILITY PUBLIC ADMINISTRATION PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC GOOD PUBLIC INVESTMENT PUBLIC POLICIES PUBLIC SECTOR PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES RECAPITALIZATION REGULATORY FRAMEWORK RISK TAKING SAVINGS SECURITIES SECURITIES MARKETS SOCIAL SECTORS SOCIAL SECURITY SOCIAL STABILITY STATE ENTERPRISES STATE-OWNED ENTERPRISES TAX TOTAL FACTOR PRODUCTIVITY TRADE LIBERALIZATION TRANSITION ECONOMIES TRANSPARENCY UNEMPLOYMENT RATE UNFAIR COMPETITION WTO ECONOMIC GROWTH MACROECONOMIC STABILITY FACTOR PRODUCTIVITY ASSET RETURNS PRIVATIZATION MARKET ECONOMY BANK RESTRUCTURING MANUFACTURING PRODUCTION TRADE LIBERALIZATION TRANSITIONAL ECONOMIES GROWTH POLICY ACCESS TO CREDIT INVESTMENT ENVIRONMENT BUSINESS SERVICES PRIVATE SECTOR DEVELOPMENT MINING SECTOR COMPETITIVENESS ENABLING ENVIRONMENT FISCAL POLICY FISCAL SUSTAINABILITY FISCAL MANAGEMENT DEBT MANAGEMENT This study is part of a series of analytical works on Algeria prepared by the Bank, with the aim of laying out the framework, and facilitating the dialogue for elaborating the Bank's Country Assistance Strategy for Algeria. Companion studies include: "A Private Sector Development Strategy Note: A Diagnostic on Foreign Direct Investment in Algeria" (FIAS). This report is divided into three parts. It presents a diagnostic of the slow growth performance, by benchmarking Algeria's performance against other comparator countries, with the aim of identifying the key bottlenecks to better long-term growth performance in Algeria". Building on this analysis, experience from transition economies, and diagnostics in the companion reports, the second part reviews options in structural reforms to encourage the development of the private sector, by strengthening the investment climate and furthering Algeria's transition to the market. the third part examines options to strengthen the fiscal framework, to insulate the fiscal stance from volatile hydrocarbon fiscal revenues and secure fiscal sustainability, so as to achieve a sustained acceleration of growth. More technical background material of the analysis is presented in the annexes, in volume two. 2013-08-12T15:31:23Z 2013-08-12T15:31:23Z 2003-05 http://documents.worldbank.org/curated/en/2003/05/2390963/algeria-medium-term-macroeconomic-strategy-algeria-sustaining-faster-growth-economic-social-stability-vol-1-2-main-report http://hdl.handle.net/10986/14999 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Country Economic Memorandum Economic & Sector Work Middle East and North Africa Algeria