"Determinants of economic diversification in Malaysia" - Case study: Advantages to benefit for the Algerian national economy -
Abstract
This study analyzes Malaysia’s experience in economic diversification as a reference model
for developing countries, with a particular emphasis on lessons applicable to Algeria. Through
strategic planning, investment in human capital, and effective public-private partnerships, Malaysia successfully transitioned from a rentier economy to a diversified, innovation-driven
model. The study highlights the structural reforms and public policies that enabled this transformation and relates them to Algeria’s context, where reducing dependence on hydrocarbons and building a more diverse, resilient, and competitive economy remain key
priorities. The study recommends institutional reforms, value-added industrial strategies, infrastructure development, and the strengthening of international partnerships as essential pillars for achieving economic diversification in Algeria.
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