The Cnac Mechanism As A Policy To Foster And Creating Employment: Evidence From Tlemcen Region 2005-2012

The aim of this paper is to shed light on the expected effect of CNAC financial mechanism in enhancing the unemployed people to create their own business in the first step, and the role of these self-employees to create employment in Tlemcen region. From one side the important factors in the economic growth are the role of the human capital. Because it is the essence of the workforce in the enterprises. From another side, the financial capital also is from the engines to push the activity in all sectors. From these sectors, the entrepreneurship or self-employment. It play an important role in generating innovation and wealth following different studies such as (Baumol 2008; Shane 2009). Following the different studies in the literature concerning the entrepreneurship and self-employment in creating employment, we find that entrepreneurship is an important key to generate employment. There for and from the most important steps taken by the Algerian government to combat unemployment is to push the unemployed to create its own business in the first and hire more employees by offering opportunities for employment. This step is supervised by the different mechanisms such as CNAC, ANSEJ and ANGEM to finance the projects in the first, and follow the growth of these enterprises over the future.