The internationalisation of the Algerian economy: A major asset

The structural and systemic evolution of the Algerian economy has been achieved thanks to a considered and deliberate policy.

• But such an evolution is also the result of political pressures and world economic junctures.
• The Algerian state is being shaped and reshaped by shifting from one economic system to another and by going through a turbulent transition due to the unfolding globalisation of the world economy.
• The role of the state is set in motion in accordance with the sweeping internationalist tidal waves. From a managing state we shift to a shareholding state, then from a shareholding state to an assignee state where a frenzied privatisation is holding sway as part of a global and integrated overture policy.
• The financial backers are sharpening their arms with the patent aim of conquering the Algerian economic arena: a buoyant and virgin market which is steadily attracting a myriad of national and foreign investors eager to engage in a profit-yielding business.
• All things considered, this economic tidal wave does not submit to the concept of nationalism, but to sheer wealth and technology; the most appropriate of them are doubtless the international financial sponsors.