Combating Market Speculation: Algeria's Ongoing Regulatory Challenge
Speculative practices in Algeria have intensified, targeting products ranging from imported meat to foreign currency and consumer goods. This trend has prompted the President to mandate investigations during the latest Council of Ministers meeting. Economist Brahim Guendouzi attributes this persistence to the dominance of the informal sector, which leverages significant cash reserves and logistics to manipulate market prices. The lack of major purchasing centers allows a network of intermediaries to thrive by exploiting the logistical gaps between production hubs and consumer centers. Furthermore, market regulation is hindered by the lack of traceability in agriculture, where farmers frequently shift crops. This unpredictability creates opportunities for speculators to gain inside knowledge of supply shortages and exert control over pricing.
