Economic Developments in Algeria 2001-1994

Abstract

Algerian economy suffered many crises as a result of dependence on one sector of production. Oil was the first product of about 90% of exports. This sector suffered from the 1968 and the drop in oil prizes. This negatively affected the Algerian economy. Algeria could not afford this crisis. It presented many programs to overcome the crisis. However, those projects did not achieve comprehensive reforms. Their solutions were partial in trying to control the economic crisis. The reforms were many programs that aim to make an economic stability in Algeria.