Analysis of the Developmental Role of Small and Medium-Sized Enterprises in Algeria During the Period 2013–2022
Authors:
Aboubaker
Khoualed
University of Annaba, Algeria
Omar
Saadallah
University of Souk Ahras, Algeria
Khayreddine
Bouzerb
University of Jijel, Algeria
Pages:
145-
156
DOI: https://doi.org/10.54664/RWLX2713
Abstract:
Small and medium-sized enterprises (SMEs) are among the most crucial institutions, relied upon for the development of countries, especially developing ones. This is due to their role in creating wealth, increasing the gross domestic product (GDP), generating employment, and more. Today, these enterprises have gained a significant position in modern economies, especially in recent years, given their contribution to solving many challenges that larger institutions could not address. This study aims to analyze the extent to which SMEs contribute to the development of the Algerian economy. To achieve this objective, a descriptive approach was adopted to present the theoretical framework and previous studies, in addition to analyzing and discussing various official statistics from 2013 to 2022, relevant to the topic. The study concluded that the contribution of SMEs to the Algerian economy was limited despite improving indicators year after year. This limitation is due to various challenges these enterprises face, most notably issues related to legislation and laws, financing, and industrial real estate. The paper ends with recommendations, including updating the legal framework, activating the role of support bodies, encouraging scientific research, and benefiting from international experience.
Keywords:
small and medium-sized enterprises; economic development; employment; gross domestic product.
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