Over the past three years, the global economy has experienced a severe recession triggered by the financial meltdown and collapse of commercial and industrial activity around the world. This slowdown has had its effects on the growth of economies worldwide. Algeria, which is not fully integrated into the international economy, is facing or will likely face some indirect effects of this crisis, but less severely than in Europe; The early payment of the debt, the establishment of a reserve fund and, above all, the high volatility of the oil price have allowed Algeria, in the short term, to avoid a catastrophic scenario that could destroy the country. Algeria has all the material and human potential to be a key country for the development of the Euro-Mediterranean and Arab-African areas. Unfortunately, Algeria is a country that depends 96% on oil revenues. This uncertain business, hostage to numerous externalities, can collapse at any moment and bring the entire country into total chaos. The lack of diversification of the Algerian economy is making its future uncertain and its standard of living in decline. Despite the severity of its effects and the extent of the damage, this crisis may be an opportunity for Algeria to question the supremacy of its economy. It offers the opportunity to heal the economy through the implementation of profound structural changes that would generate real effects on the economy and long-term employment, and to rethink a development model for a real and successful transition to the economy of the market. ; build growth that frees itself from dependence on hydrocarbons and the volatility of their prices to definitively erase the political system based up to now and...... middle of paper ......ple where a young person has never studied, he has no ability and depends on his parents when he loses them; he finds himself without any possibility of earning a living and realizes that he has invested his youth for his future. The Algerian economy is extremely weakened by its rentier status. This vulnerability is the concatenation of the economy's lack of diversification, but also of stagnation and decline. Revenues from oil revenues are sufficient to keep it in a static state. Triumph of stagnation without sharing. Other economic sectors without clear policies and defined strategies. Economic actors are paralyzed by the invisibility or absence of long-term plans, their incoherence and the lack of planning and vision for the future. The State seems more than ever to be a follower of rent, but contrary to productive investments and any economic sustainability
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