Diagnosis of the Algerian economy for the period (2014-2018): between fluctuations in oil prices and symptoms of the Dutch disease

تاريخ الاستلام:15/11/ 2019 تاريخ القبول:05/08/2020

Abstract

This study aims to try to diagnose the situation of the Algerian economy, And whether it suffered of the Dutch disease over the period 2014-2018., by tracking the development of economic indicators for this period and its relationship to the development of oil prices and their impact.

The analytical study of this research found that the Algerian economy was greatly affected by the collapse of oil prices, the negative decline of many economic indicators such as the budget deficit, low economic growth rates, high unemployment rates, etc. This negative impact of these economic indicators, which depend on more than 97% in the financing of the hydrocarbons sector, confirms that the Algerian economy is hostage to this sector, as well as the negative change of these indicators that suffers from the Dutch disease, and to get rid of this dependency has become inevitable in the instability of prices Petroleum and its association with external factors can not be controlled or predicted.