Algerian Stability Could Fall with Oil Price
Author(s): Lisa Watanabe
Journal Title: IPI Global Observatory
Publication Year: 2017
The low global oil prices being experienced since mid-2014 have had a serious impact on oil-dependent states across the world, many of which have a limited capacity to adjust to the current economic climate. Algeria is considered particularly vulnerable in North Africa, with fears of a return to the instability of the late 1980s and a diminished ability to respond to the region’s fragile security environment.