“Middle Income Trap”; The Position of Algerian Economy: A Comparative Analysis Overview

Allaoui elhassen; Tidjani chems eddine; Lacheheb miloud

doi:doi:10.11648/j.ijefm.20150304.12

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“Middle Income Trap”; The Position of Algerian Economy: A Comparative Analysis Overview

Allaoui elhassen, Tidjani chems eddine, Lacheheb miloud

Published in International Journal of Economics, Finance and Management Sciences (Volume 3, Issue 4)

Received: 26 May 2015 Accepted: 7 June 2015 Published: 19 June 2015

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Abstract

Economic history has shown that few middle-income countries have successfully attained high-income level. Effective transition from middle to high-income level requires an efficient resource use, private sector improvement, productivity enhancement, and technology based rather than labor based production. Failure of doing so, undoubtedly, leads to income trap, whereas a country caught in middle-income level for a long period. Therefore, this paper attempts to highlight the Algerian economy patterns since its independence to current position with regard to middle-income trap criteria, likewise, reasoning the causes that headed Algeria to middle income trap for over 30 years. Moreover, this paper goes further ahead in cross-country evidence of how Algeria compares with peer countries from MENA region. Likewise our results shows that the Algerian economy has better position than Egypt and Yemen. However, Algeria is still behind UAE that classified in high-income level, where Algeria has known a slow growth rate during the last 50 years. Finally, remedies are suggested as a way out from middle-income trap, and to promote high growth rate in order to achieve high-income level in the future.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 3, Issue 4)
DOI	10.11648/j.ijefm.20150304.12
Page(s)	337-346
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2015. Published by Science Publishing Group

Keywords

Algerian Economy, Comparative Analysis, Economic Position, Middle-Income Trap, MENA Countries

References

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APA Style

Allaoui elhassen, Tidjani chems eddine, Lacheheb miloud. (2015). “Middle Income Trap”; The Position of Algerian Economy: A Comparative Analysis Overview. International Journal of Economics, Finance and Management Sciences, 3(4), 337-346. https://doi.org/10.11648/j.ijefm.20150304.12

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ACS Style

Allaoui elhassen; Tidjani chems eddine; Lacheheb miloud. “Middle Income Trap”; The Position of Algerian Economy: A Comparative Analysis Overview. Int. J. Econ. Finance Manag. Sci. 2015, 3(4), 337-346. doi: 10.11648/j.ijefm.20150304.12

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AMA Style

Allaoui elhassen, Tidjani chems eddine, Lacheheb miloud. “Middle Income Trap”; The Position of Algerian Economy: A Comparative Analysis Overview. Int J Econ Finance Manag Sci. 2015;3(4):337-346. doi: 10.11648/j.ijefm.20150304.12

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@article{10.11648/j.ijefm.20150304.12,
  author = {Allaoui elhassen and Tidjani chems eddine and Lacheheb miloud},
  title = {“Middle Income Trap”; The Position of Algerian Economy: A Comparative Analysis Overview},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {3},
  number = {4},
  pages = {337-346},
  doi = {10.11648/j.ijefm.20150304.12},
  url = {https://doi.org/10.11648/j.ijefm.20150304.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20150304.12},
  abstract = {Economic history has shown that few middle-income countries have successfully attained high-income level. Effective transition from middle to high-income level requires an efficient resource use, private sector improvement, productivity enhancement, and technology based rather than labor based production. Failure of doing so, undoubtedly, leads to income trap, whereas a country caught in middle-income level for a long period. Therefore, this paper attempts to highlight the Algerian economy patterns since its independence to current position with regard to middle-income trap criteria, likewise, reasoning the causes that headed Algeria to middle income trap for over 30 years. Moreover, this paper goes further ahead in cross-country evidence of how Algeria compares with peer countries from MENA region. Likewise our results shows that the Algerian economy has better position than Egypt and Yemen. However, Algeria is still behind UAE that classified in high-income level, where Algeria has known a slow growth rate during the last 50 years. Finally, remedies are suggested as a way out from middle-income trap, and to promote high growth rate in order to achieve high-income level in the future.},
 year = {2015}
}

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TY  - JOUR
T1  - “Middle Income Trap”; The Position of Algerian Economy: A Comparative Analysis Overview
AU  - Allaoui elhassen
AU  - Tidjani chems eddine
AU  - Lacheheb miloud
Y1  - 2015/06/19
PY  - 2015
N1  - https://doi.org/10.11648/j.ijefm.20150304.12
DO  - 10.11648/j.ijefm.20150304.12
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
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EP  - 346
PB  - Science Publishing Group
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AB  - Economic history has shown that few middle-income countries have successfully attained high-income level. Effective transition from middle to high-income level requires an efficient resource use, private sector improvement, productivity enhancement, and technology based rather than labor based production. Failure of doing so, undoubtedly, leads to income trap, whereas a country caught in middle-income level for a long period. Therefore, this paper attempts to highlight the Algerian economy patterns since its independence to current position with regard to middle-income trap criteria, likewise, reasoning the causes that headed Algeria to middle income trap for over 30 years. Moreover, this paper goes further ahead in cross-country evidence of how Algeria compares with peer countries from MENA region. Likewise our results shows that the Algerian economy has better position than Egypt and Yemen. However, Algeria is still behind UAE that classified in high-income level, where Algeria has known a slow growth rate during the last 50 years. Finally, remedies are suggested as a way out from middle-income trap, and to promote high growth rate in order to achieve high-income level in the future.
VL  - 3
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Author Information

Allaoui elhassen

Department of Economic Sciences, Faculty of Economic Sciences, Commercial, and Business Sciences, University of Kasdi Merbah, Ouargla, Algeria
Tidjani chems eddine

Department of Economic Sciences, Faculty of Economic Sciences, Commercial, and Business Sciences, University of Kasdi Merbah, Ouargla, Algeria
Lacheheb miloud

Department of Economic, Faculty of Economics and Management, University of Putra, Selangor, Malaysia

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Plain Text BibTeX RIS

APA Style

Allaoui elhassen, Tidjani chems eddine, Lacheheb miloud. (2015). “Middle Income Trap”; The Position of Algerian Economy: A Comparative Analysis Overview. International Journal of Economics, Finance and Management Sciences, 3(4), 337-346. https://doi.org/10.11648/j.ijefm.20150304.12

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ACS Style

Allaoui elhassen; Tidjani chems eddine; Lacheheb miloud. “Middle Income Trap”; The Position of Algerian Economy: A Comparative Analysis Overview. Int. J. Econ. Finance Manag. Sci. 2015, 3(4), 337-346. doi: 10.11648/j.ijefm.20150304.12

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AMA Style

Allaoui elhassen, Tidjani chems eddine, Lacheheb miloud. “Middle Income Trap”; The Position of Algerian Economy: A Comparative Analysis Overview. Int J Econ Finance Manag Sci. 2015;3(4):337-346. doi: 10.11648/j.ijefm.20150304.12

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@article{10.11648/j.ijefm.20150304.12,
  author = {Allaoui elhassen and Tidjani chems eddine and Lacheheb miloud},
  title = {“Middle Income Trap”; The Position of Algerian Economy: A Comparative Analysis Overview},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {3},
  number = {4},
  pages = {337-346},
  doi = {10.11648/j.ijefm.20150304.12},
  url = {https://doi.org/10.11648/j.ijefm.20150304.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20150304.12},
  abstract = {Economic history has shown that few middle-income countries have successfully attained high-income level. Effective transition from middle to high-income level requires an efficient resource use, private sector improvement, productivity enhancement, and technology based rather than labor based production. Failure of doing so, undoubtedly, leads to income trap, whereas a country caught in middle-income level for a long period. Therefore, this paper attempts to highlight the Algerian economy patterns since its independence to current position with regard to middle-income trap criteria, likewise, reasoning the causes that headed Algeria to middle income trap for over 30 years. Moreover, this paper goes further ahead in cross-country evidence of how Algeria compares with peer countries from MENA region. Likewise our results shows that the Algerian economy has better position than Egypt and Yemen. However, Algeria is still behind UAE that classified in high-income level, where Algeria has known a slow growth rate during the last 50 years. Finally, remedies are suggested as a way out from middle-income trap, and to promote high growth rate in order to achieve high-income level in the future.},
 year = {2015}
}

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TY  - JOUR
T1  - “Middle Income Trap”; The Position of Algerian Economy: A Comparative Analysis Overview
AU  - Allaoui elhassen
AU  - Tidjani chems eddine
AU  - Lacheheb miloud
Y1  - 2015/06/19
PY  - 2015
N1  - https://doi.org/10.11648/j.ijefm.20150304.12
DO  - 10.11648/j.ijefm.20150304.12
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 337
EP  - 346
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20150304.12
AB  - Economic history has shown that few middle-income countries have successfully attained high-income level. Effective transition from middle to high-income level requires an efficient resource use, private sector improvement, productivity enhancement, and technology based rather than labor based production. Failure of doing so, undoubtedly, leads to income trap, whereas a country caught in middle-income level for a long period. Therefore, this paper attempts to highlight the Algerian economy patterns since its independence to current position with regard to middle-income trap criteria, likewise, reasoning the causes that headed Algeria to middle income trap for over 30 years. Moreover, this paper goes further ahead in cross-country evidence of how Algeria compares with peer countries from MENA region. Likewise our results shows that the Algerian economy has better position than Egypt and Yemen. However, Algeria is still behind UAE that classified in high-income level, where Algeria has known a slow growth rate during the last 50 years. Finally, remedies are suggested as a way out from middle-income trap, and to promote high growth rate in order to achieve high-income level in the future.
VL  - 3
IS  - 4
ER  -

Copy | Download