مجلة بحوث الإدارة والاقتصاد
Volume 6, Numéro 1, Pages 615-641
2024-03-15

Towards Achieving Economic Takeoff Under The New Investment Law (law No. 22-18)

Authors : Makhlouf Tarek .

Abstract

This research paper aims to interpret the new Algerian state's aspiration to achieve a steady economic takeoff. This aspiration is reflected in the enactment of the new investment law by the Algerian legislator, Law No. 22-18, dated July 28, 2022, concerning investment. Through this law, the Algerian legislator has introduced various guarantees and incentives that are a translation of successful international experiences in the investment sector, particularly foreign investment. This is due to the reluctance previously witnessed in this sector under all former investment legislations. To realize its desire for economic takeoff, the legislator, via the new investment law, has created a set of newly introduced legal and institutional mechanisms, particularly to provide a conducive climate for investment and thereby achieve economic takeoff.

Keywords

Investment ; Legal Mechanisms ; Institutional Mechanisms ; Economic Takeoff