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Middle East-North Africa
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Algeria
Algeria
Recent Publications
Algeria: Self-Reliance Has Its Limits
March 13, 2018
While political reforms may be delayed, a shift to private sector-led growth and diversification away from hydrocarbons would help to achieve sustaine
Hydrocarbon Exporters: Breakeven Oil Prices Have Declined
February 1, 2018
In this note, we examine the evolution of breakeven oil prices in the six GCC countries, Algeria, Iran, Iraq, Kazakhstan, and Russia. We expect extern
Algeria: Adjusting to Low Oil Prices
September 29, 2017
The sizeable fiscal consolidation underway should put the fiscal positions on a more sustainable footing. Non-hydrocarbon growth will decelerate on th
Algérie: La Stabilité macroéconomique menacée
July 16, 2015
Le statu quo politique a été maintenu. Les récents troubles ethniques (affrontements entre gangs rivaux Berbères et Arabes) seront vraisemblableme
MENA: Lower Oil Prices Present Challenges and Opportunities
March 14, 2015
We expect average growth in the MENA region to pick up slightly from 2.8% in 2014 to 3.2% this year, driven by the recoveries in Egypt, Morocco, and I
MENA Region: Recovery Buffeted by Geopolitical Risks
October 8, 2014
The collapse of long-standing authoritarian regimes in important parts of the MENA region, coupled with weak institutional structures, has opened the
Algeria: Time for Change / Algérie: L'heure du changement
June 12, 2014
Algeria's growth model based on hydrocarbon-financed fiscal spending and heavy-handed government intervention in the economy is not sustainable. Softe
Algeria: Modest Fiscal Consolidation to Start in 2013
May 22, 2013
The fiscal breakeven oil price increased further to $130/b in 2012, driven by a decline in hydrocarbon output and a large increase in public spending.
Algeria: Reforms Needed to Boost Nonhydrocarbon Growth
May 1, 2013
Nonhydrocarbon growth remained strong, supported by government spending. Hydrocarbon output is expected to continue declining at least until 2015. Str