Structural Adjustment Program In Algeria Articles
Posted : adminOn 4/16/2018Information on the Structural Adjustment Programs; Aim of the program. Impact of Structural Adjustment Programs on Agricultural. Structural Adjustment Programs have been implemented. THE EFFECT OF STRUCTURAL ADJUSTMENT PROGRAMMES ON THE. Adjustment program under way or already completed in their. Algeria 1995 1997 1191 1678 1300 1.
Before carrying out the structural adjustment program, the Algerian economy was struggling, characterized by dwindling foreign exchange reserves, rising foreign debt, dropping GDP growth rates, persistent budgetary deficits, high inflation, malaise the private sector areas of agriculture, construction and industry, rising unemployment, and supply and demand imbalances. To combat these fiscal and social problems, the fundamental pillars of the structural adjustment program were laid out in a May 1994 standby agreement.1 The fundamental objective of the structural reform program has been to restore growth, correct macroeconomic imbalances and improve economic efficiency. This paper tries to analyze the results of application of the structural adjustment program on overall economic balance. Vsampler Download- Download 32&64 Bit Version. The findings of this study indicate that the results of the structural adjustment program at the level of the internal and external balances were mostly positive, but the positive results did not materialize without negative effects on the social side. This is not to say that structural adjustment program was wholly successful, as the amelioration in some economic indicators was actually due to favorable external factors (i.e. Rising of oil prices in the international markets).