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Algeria, Economy of

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The New Palgrave Dictionary of Economics
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Abstract

The economy is heavily dependent on public spending and the sale of oil and gas. In 1994 an IMF-sponsored programme for economic reconstruction reduced inflation and set in place a free-market economy. However, it was a further decade before privatization made significant strides.

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Turner, B. (2018). Algeria, Economy of. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2879

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