Fostering Economic Diversification In Algeria Through Advancements In The Agricultural Sector
Keywords:
oil dependency, economic diversification, sustainable economic growth, agriculture, food securityAbstract
Abstract: This research paper aims to investigate the current state of the Algerian economy, which exhibits fragility and instability due to its heavy reliance on oil revenue. This dependence has compelled the government to embrace an economic diversification strategy aimed at reducing its reliance on fluctuating oil income and fostering sustainable economic growth. This strategy involves promoting the role of various sectors in the national economy, with a particular focus on the agricultural sector. This sector is seen as a cornerstone for building a robust economic foundation that is less reliant on oil. Additionally, it plays a crucial role in establishing food security. This paper assesses the current status of the agricultural sector in Algeria, examining its components and the challenges it faces, analyzing its contributions to the national economy, and highlighting key measures implemented to promote its growth.
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JOCES: International peer-reviewed journal by M'Sila University (Algeria) since 2016. Covering Economics & Trade in Arabic/English via Double-Blind Review & Open Access (CC BY-NC 4.0). ISSN: 2543-3644 | 2676-203X. Contact: reveconomsila@gmail.com