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Retrospective Study of the Algerian Steel Industry Growth Decade - 1968-1978 (Paperback, New)
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Retrospective Study of the Algerian Steel Industry Growth Decade - 1968-1978 (Paperback, New)
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Total price: R1,117
Discovery Miles: 11 170
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Professional economists believe that the development of basic
industries in general and the steel industry in particular is the
best beginning step in the process of economic development of
underdeveloped countries. This book discusses these positions by
using the Algerian experience with the steel industry as a case in
point at particular times, as today tremendous change can be seen
in Algeria and in the rest of the world as far as the role of the
steel industry is concerned. The iron and steel industry has been
known to create the necessary conditions for sustained capital
formation at a rapid rate. In addition to the savings in foreign
exchange (affected by the reduction of steel imports), the other
beneficial effects in the establishment of a local steel industry
are employment generation and skill formation.
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