مجلة رؤى اقتصادية
Volume 14, Numéro 1, Pages 141-155
2024-07-19
Social Support Strategies And Economic Impacts In Algeria: Critical Analysis And Future Perspectives
Authors : Madani Zakaria . Madani Benchohra .
Abstract
In the face of growing economic challenges, Algeria is faced with the urgent need to thoroughly reform its subsidy policy and public financial management. This reform aims to reconcile essential social support, financial sustainability and the promotion of economic development. Although subsidies aim to stabilize prices and assist citizens, they represent a significant financial burden for the state, contributing to worsening socio-economic inequalities. These measures tend to disproportionately benefit high-income individuals at the expense of the most vulnerable. Moreover, the state of public finances and foreign trade, as well as the adjustments provided for by the 2024 Finance Act, are key elements that place subsidies at the heart of political and economic debates. This critical study examines the historical and ideological bases of the welfare state in Algeria, the rentier state crisis, and suggests an approach for a multidimensional social policy strategy, for a substantial reform to ensure an economically viable and socially equitable future in Algeria
Keywords
Social policy strategy ; Social support ; Socioeconomic inequalities ; Subsidy policy reform
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