Ensure the transfer of foreign investor capital abroad

Authors

  • nacira benaissa University of Batna 1 El Hadj Lakhdar Author

Keywords:

capital, foreign investment, the Central Bank of Algeria

Abstract

The liberalization of the movement of capital is the basis of the economic life of any country, by its contribution to economic development as a cornerstone of the flow of investments and their prosperity, and the principle of the transfer of capital within the framework of investment foreigner has aroused widespread interest in the legislation of most countries. As long as Algeria, since its independence, seeks the most important ingredients to emerge from the backward state that it has reached, and to boost its economy and increase its production capacities, it felt that it was necessary to resort to foreign investments because of the capital and the scientific and technical expertise that it brings, in particular after the reforms that Algeria made after the financial crisis of the 80s. Therefore, the legislator began to pay more attention to enshrining the freedom of transfer in the field of foreign investment, especially since the investor attaches great importance to the formulation of this principle in the Law on investment, because making profits inside the host country is not as much of a concern as its concern for the freedom to transfer abroad in the future.

Published

2021-06-22

Issue

Section

Articles