Abdelhak Senadjki, Samuel Ogbeibu, Mourad Senadjki, I. Awal, Tameur Nachef
{"title":"China belt and road initiative: business opportunities and challenges for the algerian SMEs","authors":"Abdelhak Senadjki, Samuel Ogbeibu, Mourad Senadjki, I. Awal, Tameur Nachef","doi":"10.1145/3440094.3440402","DOIUrl":null,"url":null,"abstract":"Decades after independence, Algeria is experiencing a significant shift of economic governance into a more capitalism system, ensuring that small and medium enterprises are well recognized in an open market model. Despite the change of economic governance, several local small and medium enterprises (SMEs) have collapsed due to the insolvency nature of their business while the existing ones are yet to improve local production and performance through government support. There is relatively high foreign competition in the Algerian SMEs market. Consequently, several local SMEs have collapsed due to inability to compete with other foreign businesses under the China BRI. Adequate measures should be designed to revive collapsed SMEs by allocating sufficient capital, in order to strengthen already existing SMEs with the necessary resources to be efficient and productive. This will directly help maximize local SMEs competitive advantage in the market. This extensive review will provide an insight in relation to the impact of China Belt and Road Initiative (BRI) on the SMEs performance towards building a sustainable and robust Algerian economic structure.","PeriodicalId":359610,"journal":{"name":"Proceedings of the 2nd Africa-Asia Dialogue Network (AADN) International Conference on Advances in Business Management and Electronic Commerce Research","volume":"75 4 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2020-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Proceedings of the 2nd Africa-Asia Dialogue Network (AADN) International Conference on Advances in Business Management and Electronic Commerce Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1145/3440094.3440402","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 2
Abstract
Decades after independence, Algeria is experiencing a significant shift of economic governance into a more capitalism system, ensuring that small and medium enterprises are well recognized in an open market model. Despite the change of economic governance, several local small and medium enterprises (SMEs) have collapsed due to the insolvency nature of their business while the existing ones are yet to improve local production and performance through government support. There is relatively high foreign competition in the Algerian SMEs market. Consequently, several local SMEs have collapsed due to inability to compete with other foreign businesses under the China BRI. Adequate measures should be designed to revive collapsed SMEs by allocating sufficient capital, in order to strengthen already existing SMEs with the necessary resources to be efficient and productive. This will directly help maximize local SMEs competitive advantage in the market. This extensive review will provide an insight in relation to the impact of China Belt and Road Initiative (BRI) on the SMEs performance towards building a sustainable and robust Algerian economic structure.