Legal security is an essential determinant of the investment decision – an original study according to the Algerian legislation.
Nabil Onnoughi
Law Department - Institute of Law and Economic Sciences - University Center Si Al-Hawas - Barika - Algeria
Abstract
Abstract : Capital is cowardly, especially as investment is sacrificing current values to achieve future benefits, governing the risk element, this matter requires all countries to guarantee in their legislation the issue of legislative and legal security, as one of the fundamentals of the investment climate. In order to develop and protect investment, an encouraging environment must be provided in the light of a stable and secure political system by providing legal and legislative security, which is the main pillar of investment decision-making and one of the most important elements to achieve a comprehensive investment that reflects positively on enriching the sector and attracting investors from all over the world, and investment protection is achieved by providing legal security The fact that the latter is an important component of the investment climate in any country in the world, because the process of providing an element of legislative stability, security, tranquility and calm to the one who is continuing in this field from the moment of his arrival in the country until he embarks on the project and begins to Implement it. The importance of this study is evident as it sheds light on the fundamental role that the legal and legislative stability plays in making the investment decision, and because of the legal security guarantees for the local and foreign continuous, in this sense the problem of this research paper is: What are the legal and legislative guarantees granted to the investor in the eyes of the Algerian legislator?
Keywords
The stability of legislation, investment, Algerian legislation
