In an ever changing world, and despite the combination of factors all linked to IT infrastructure complexities and security, how investors can support entrepreneurship in the MENA region and the way, businesses and individuals alike are rushing into, for the time being at least, anything digital in the hope that such a move could assure […]
PwC, a global provider of assurance, advisory and tax services with 40 years in the Middle East where it has 23 offices across 12 countries in the region with around 4,200 people. (www.pwc.com/me). It researched AI’s contribution to the global and middle eastern economies and recently produced a report on Artificial Intelligence (AI) and how […]
It is ironic that a country that was masterminded after the Great War as one to receive all dispersed Arab populations of Palestine (1) to make room for the yet to be born Jewish homeland as Israel should not have second thoughts in barring all Palestinians from investing in their country by preventing their contribution and participation in any enterprise on its territory.
Al Monitor’s PALESTINE PULSE in an article written by Adnan Abu Amer is summarised as follows :
Jordan reportedly excluded Palestinian investors from the West Bank from investing inside the kingdom, which some analysts link to the talks about finding a solution to the Palestinian-Israeli conflict, namely by creating a Jordanian-Palestinian confederation.
Creating three million jobs would require a growth rate between 2017 and 2020 of a minimum of 7 to 8% minimum. The results of the bodies responsible for employment of the ANDI, the ANSEJ as much as of the NACC, are mixed despite their many allowed benefits. This is the New Government vs. social and budgetary tensions dilemma that the country’s newly appointed Prime Minister has to face up to within the remaining time of the president’s mandate.
However, the growth rate is relatively low in reference to public spending of 3% on average between 2000 and 2016. According to the ONS, quoted by APS, in April 2017, the employed population was estimated at 10.769 million against 10.845 million people in September 2016, registering a negative balance of the 76,000 people where six unemployed on ten on average are long-term unemployed.
Or else Facing Unemployment Increase?
The National Office of Statistics (ONS) has this month announced unemployment that is worrying but predictable is on the increase. Moreover, despite all investment and employment agencies opting for a maximum of projects with financial and tax benefits, it should however be asked if these projects were fit for purpose as per a global vision of the country’s development. And, whether these are promising segments of sustainable growth or just some cosmetic operations for the redistribution of the rentier annuity to calm the social front? This contribution would want to look at Employment policy in 2017 – 2020 for Algeria and here it is as compiled from various write-ups of mine as leader of a multidisciplinary team of economists, sociologists and demographers between 2007 and 2008 on an audit (1) for the Algerian Government on employment and wages (eight volumes 980 pages).
Algeria according to international observers, as reiterated on November 2, 2016 in Algiers by an independent expert with the delegation of the European Parliament in Algiers chaired by Mr. Antonio Panzeri, Chairman of the Delegation for Relations with the Maghreb countries, has a full potential, subject to far-reaching reforms, to establish a diversified economy responsible for the creation of sustainable jobs and therefore the stability of the Mediterranean region and Africa
And the prospects of mutual cooperation . . .
The two countries confronted to their specific challenges ought to have a common vision in order to contribute to a prosperous future as based on genuine co-development and not on obscuring the memory of a shared past for long lasting relationships. The recent France’s presidential elections impacting Algeria, are looked at here as positively as they could be in so many years. [ . . . ]
What’s on offer by the various parties : come out of the crisis? In the run up to the forthcoming Legislative Elections of May 4, 2017 in Algeria, numerous questions are being asked and not many of them found answers. Most relate naturally to the current situation but all relate to higher costs and rising demand driven […]