INSTITUTIONAL FACTORS AFFECTING THE ACHIEVEMENT OF DEVELOPMENT IN ALGERIA

Povzetek

This study aims to analyze the institutional, economic, and administrative factors that shape economic development in Algeria. It demonstrates that the quality of institutions, particularly political stability, regulatory efficiency, and transparency, directly impacts policy effectiveness and the business environment. Economic variables, along with fiscal reforms including modernizing tax administration and adjusting tax policies, are crucial for boosting public revenues and financing development initiatives. Despite challenges such as political instability and widespread corruption, recent institutional reforms within the framework of modern growth programs have resulted in tangible improvements in economic performance. The findings confirm that development in Algeria depends on coordinated institutional, economic, and fiscal reforms, underpinned by the rule of law, accountability, and transparency.