Algeria's Economic History Essay

Algeria's Economic History Essay

Length: 1008 words (2.9 double-spaced pages)

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Before taking big business decisions such as Investments, a manager must evaluate and decide what would maximize profits and be best for the company overall. Expanding business operations into other countries is full of risk. We go into more detail as we compare the two below in five different factors to see which country would be the most appropriate choice. In this report Algeria’s big risks involving limited economic freedom and, strong religious beliefs that affect just about every decision are explored. Along side that, this report looks in to the different risks in the Philippines such as high public debt and limitations to foreign involvement with business. The two countries may have completely different risks however there are some factors that they have in common, these similarities are also indicated. After looking the risks of expanding business in either nation in more depth through report judgement of which state is more acceptable will be easier to conclude.

Potential risks are spilt up into five different categories: economic, political, legal, ethics and religion/language. These risks are looked into in more depth below.

Economic

In Algeria’s economic history, its inflation rate remained well above 4 percent. However it recently dropped below 2 percent. With inflation rates so low consumers will be paying a lot less compared to what companies want, which would result in less profit. Hydrocarbons are the main exports of Algeria, as other sectors are struggling to grow. There is growth happening however to the same extent as the oil industry. Due to this investment is limited and economic risk is high. In the Philippines public debt is 42% percent. With almost half the public being in debt. There will be les...


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...lation rates. Retrieved from http://www.tradingeconomics.com/algeria/inflation-cpi

Fedec, A. (2008). Philippine's inflation rates. Retrieved from http://www.tradingeconomics.com/philippines/inflation-cpi

Jim, W. (2014). Algeria. Retrieved from http://www.heritage.org/index/country/algeria

Jim, W. (2014). The philippines . Retrieved from http://www.heritage.org/index/country/philippines

Nikki, J. (2003). Algeria-language, culture, customs and etiquette. Retrieved from http://www.kwintessential.co.uk/resources/global-etiquette/algeria.html (Nikki, 2003)

Moore, F. (2013). Field listing :: Legal system. Retrieved from https://www.cia.gov/library/publications/the-world-factbook/fields/2100.html

Palma-Angeles, A. (2006). Business ethics in the philippines. Unpublished raw data, Business,
Retrieved from http://www.unav.es/adi/UserFiles/CvFiles/Files/35546/bam06.pdf

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