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Richer but still nervous

机译:富有但仍然紧张

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Can money buy happiness? For Algeria, the answer looks pretty clear. Ten years ago the huge, chronically turbulent but energy-rich country was in the depths of a hideous civil war. Aside from the violence that turned its cities into ghost towns and cost the lives of as many as 200,000 people, Algeria endured massive unemployment and a colossal foreign debt, the servicing of which ate up three-quarters of export earnings.rnThat debt has now dwindled almost to nothing, as foreign reserves, boosted by a windfall of cash from oil and gas sales, have mounted beyond $120 billion. Overall unemployment has shrunk to a manageable 12%. With the value of energy exports quadrupling since 2002 and expected to top $80 billion this year, the government has embarked on a giant spending programme that aims, among other things, to double power-generation capacity and to boost oil output by 50% within five years.
机译:金钱能买幸福吗?对于阿尔及利亚,答案似乎很明确。十年前,这个巨大的,长期动荡但能源充沛的国家正处于一场可怕的内战的深渊。除了将城市变成鬼城并造成多达20万人丧生的暴力事件外,阿尔及利亚还遭受了大规模的失业和巨额的外债,这些债务的偿还占了出口收入的四分之三。由于石油和天然气销售带来的大量现金增加,外汇储备已超过1200亿美元,几乎没有。总体失业率已降至12%左右。自2002年以来,能源出口总值翻了两番,预计今年将突破800亿美元,政府已着手实施一项庞大的支出计划,旨在除其他外,将发电能力提高一倍,并在5年内将石油产量提高50%年份。

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    《The economist》 |2008年第8584期|70|共1页
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