Article

 

Privatisations in Algeria: An institutional economic analysis of the failed privatisation process  (p.109-135)

by

Lyazid Kichou, CRIISEA, University of Picardy

Keywords : Institutional economics, Privatization, Labor unions

JEL classification : D02, D72, D73, J53

Abstract

This article presents an institutional economic analysis that focuses on the reasons behind the inertia in the privatization process, which begun in Algeria in 1995. The analysis identifies the reasons for the failure of privatization, as well as behaviors arising from a long process by which formal and informal rules are crystallized (i.e. anchored in people’s mindset and habits) and publicized (i.e. made public and defended on a national level); in particular through the actions of Algeria’s single labor union, the UGTA.