الطفرة النفطية الثالثة 2008 و مدى استفادة الجزائر منها
Loading...
Date
2017
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Université de M'sila
Abstract
There is no doubt that the run-up of oil prices in the
beginning of the third millennium have had a positive
impact in improving economic growth rates, in increasing
investment opportunities◌ and development projects,
which led to improving the level of living and reducing
unemployment rates. The Algerian economy is like other
economies that rely heavily on its oil revenues, has
suffered from the economic crisis due to the large drop in
oil prices in global markets. This crisis was reflecting in
the budget deficit, in the decline of economic growth rates
and foreign currency reserves, moreover, in the
investment projects and jobs. Algeria, like many other
countries, is striving to create economic alternatives to
build a diversified economy, which would reduce the
dependency on hydrocarbons. In this paper, we study the
causes and consequences of the third Oil boom of
2008 and its impact on the Algerian economy.
Description
Keywords
The third Oil boom, Oil prices, Economic growth rates.