Assessment of the Macroeconomic Situation in North African Countries and their Role in the System of World Economic Relations

Abstract:

The urgency of this problem is justified by the fact that the countries of the North African region are significant trade and investment partners for Russia. Russia's interaction with them at the present stage is largely due to strong historical ties, when the USSR provided significant financial and technical support to Algeria, Egypt, Morocco and Tunisia in order to overcome the consequences of colonial dependence and stimulate economic growth. At the same time, the possibilities for more fruitful trade and economic cooperation are limited by macroeconomic imbalances, as well as by the unresolved political, ethnic and religious conflicts, the terrorist threat and social tensions in the region.