Algeria: Stabilization and Transition to Market

Occasional Papers, August 6, 1998

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Algeria: Stabilization and Transition to Market

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Bibliographic details

• Authors: Nicole Laframboise, Patricia Alonso-Gamo, Alain Feler, Stefania Bazzoni, Karim A. Nashashibi, Sebastian Paris Horvitz
• Published: August 6, 1998
• Series: Occasional Papers

Overview and scope

• This paper offers Algeria's recent experience with macroeconomic stabilization and systemic transformation from a centrally planned to a market economy.
• The analysis focuses on the period since 1994 when Algeria embarked on a comprehensive reform program.
• To better understand this experience, the paper provides background information on Algeria's political history and economic developments during the period preceding the Stand-By arrangement.

IMF support and reform program chronology

• Algeria benefited from IMF support:
  • first through a one-year Stand-by Arrangement;
  • and from May 1995, through a three-year arrangement under the Extended Fund Facility.
• The reform effort examined in the paper centers on developments since 1994.

Authors and publication metadata

• Authors: Nicole Laframboise, Patricia Alonso-Gamo, Alain Feler, Stefania Bazzoni, Karim A. Nashashibi, Sebastian Paris Horvitz
• Date: August 6, 1998
• Pages: 92
• Volume: 1998
• Issue: 013
• Series: Occasional Paper No. 1998/013
• Stock No: S165EA0000000
• ISBN: 9781557756916
• ISSN: 0251-6365

Subjects and keywords

• Subject: Commercial banks, Economic sectors, Expenditure, Financial institutions, Housing, Imports, International trade, National accounts, Public enterprises
• Keywords: Algeria's achievement, Algeria's effort, Commercial banks, East Asia, Eastern Europe, Global, government, Housing, Imports, lending program, Maghreb, North Africa, OP, price liberalization, public enterprise, Public enterprises, reform program, section VIII, Western Europe

Summary of substantive emphasis (as presented)

• Focus on macroeconomic stabilization measures taken by Algeria since 1994.
• Examination of systemic transformation from a centrally planned to a market economy.
• Contextual background on political history and economic developments preceding the Stand-By arrangement.

Source: Algeria: Stabilization and Transition to Market, Occasional Paper No. 1998/013, International Monetary Fund (August 6, 1998).