INDEPENDENT REGULATORY AUTHORITIES: THE ALGERIAN EXPERIENCE

Objective: This study examines the impact of legislative reforms in Algeria on the establishment of independent regulatory authorities. It explores how Algeria adopted this concept in response to the transition from an interventionist state to a regulatory state. Theoretical Framework: The research is based on the broader theoretical discourse on regulatory governance and the shift from state interventionism to market regulation. It considers the role of independent administrative authorities in managing economic transitions and maintaining regulatory oversight. Method: The study analyzes the evolution of independent administrative authorities in Algeria since their introduction in 1990. It examines legislative and institutional developments, assessing how these authorities function within the broader economic and regulatory framework. Results and Discussion: Findings indicate that while independent administrative authorities were initially introduced to support regulatory governance, their evolution has led to a shift towards alternative models. This transition reflects a partial return to the traditional system of economic management rather than a full realization of regulatory independence. Research Implications: The study highlights the complexities of implementing independent regulatory authorities in transitional economies. It underscores the need for a clearer regulatory framework and institutional support to ensure these bodies function effectively within a market-oriented system. Originality/Value: This research contributes to the understanding of regulatory transformations in Algeria. It provides insights into the challenges of adapting independent administrative authorities within a changing economic landscape and offers a critical perspective on the evolving nature of regulatory governance in the country.