مجلة معهد العلوم الإقتصادية
Volume 23, Numéro 1, Pages 1231-1248
2020-07-03
The Role Of Industrial Development In The Achievement Of The Development Goals -the Algerian Case
Authors : Hamoul Tarik . Zair Wafia . Ferhat Abbes .
Abstract
The industrial sector is seen as having potential to drive economic diversification and reduce the import bill. In addition to heavy industrial subsectors such as steel and cement, pharmaceuticals, agri-business and automotive manufacturing hold promise in becoming key exporters. For the sector as a whole, and particularly for small businesses, investment in logistics and transport capacities will be crucial to building a local ecosystem that is robust enough to position industry as a key driver of growth. In addition to its hydrocarbons wealth, Algeria is rich in a variety of minerals, such as phosphate, gold, iron, zinc, lead and others. These ores are still largely untapped, but the diversification drive deployed by the government to reduce the country’s reliance on oil and gas and direct it towards more sustainable growth could lead to greater development of this heretofore marginal industry. The aim of this study is to understand what is industrialization and what role does it play in economic development? and it can be seen as a contribution to the investigation of the impact of industrialization on economic growth by analyzing the Algerian case.
Keywords
industry, industrialization, economic diversification, Industrial Development, economic development.
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