In July 2012 the European Central Bank and the Central Bank of China reduced interest rates. What does this mean for these economies?
Algeria Economy
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Interviews & Viewpoints | OBG talks to Jim O’Neill, Chairman, Goldman Sachs Asset Management from The Report: Algeria 2012
Articles & Analysis | Finding the funds: A rigid investment climate complicates development from The Report: Algeria 2012
Among the important benefits that have made Algeria keen to attract foreign direct investment (FDI) is access to foreign technology and know-how to boost local industry. However, current FDI levels remain low, stymied in part by perceptions that it is difficult to do business in Algeria. There have been calls for changes to measures introduced...
Articles & Analysis | Expanding ties abroad: More goods are headed to new destinations from The Report: Algeria 2012
exchange expanded to almost $5bn in 2011 and stands to increase further, as Algeria concluded a free trade agreement (FTA) with Brazil in February 2012.
RAPID RISE: As elsewhere in Africa, however, it has been China that has risen through the ranks the fastest. The Asian giant has played a key role in...
Articles & Analysis | Diversifying the structure: Leveraging stability to push ahead from The Report: Algeria 2012
Oil and gas production continues to dominate the Algerian economy, accounting for almost all of exports, close to half of government revenue and over a third of GDP. In recent years non-hydrocarbons GDP has outstripped wider economic growth, though this is largely driven by public spending rather than private sector activity.
Articles & Analysis | Balancing relations: Maintaining trade with the EU while looking after national interests from The Report: Algeria 2012
Ties between Algeria and the EU are of key importance to both the North African republic and Europe. The EU is Algeria’s most important trading partner by a wide margin, and Algeria represents a crucial supplier of energy, in particular of natural gas, to the bloc. Highlighting the importance of these links, in November 2012, EU High Representative...