Tunisia's Global Integration

Tunisia's Global Integration

Author:

Publisher: World Bank Publications

Published: 2009

Total Pages: 156

ISBN-13: 0821377116

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Tunisia's past integration policies have significantly increased FDI flows in the manufacturing sector, triggering a rise of textiles and clothing and mechanical and electrical components exports through participation to EU production networks and increasing productivity, growth, and job creation. In spite of these results, important challenges remain. FDI increases are not accompanied by a rapid increase in domestic investment. The business climate of the domestic market-oriented sector can be further improved. Trade integration largely has bypassed non-tourism service sectors and the structural transformation of the service sector is slow. This study: (i) examines the key integration challenges that the country's manufacturing sector is facing; (ii) examine the key remaining reforms needed to further enhance the competitive position of the country; and (iii) identifies the specific policy reforms needed to realize the largely untapped potential in services. The report reviews the entry, business, and trade restrictions in Tunisia's backbone service sectors (telecommunication, banking, air transport, accounting, auditing, and legal services) using a well-focused regulatory questionnaire. The restrictiveness indices derived from the regulatory diagnostic analysis allow us to assess Tunisia's relative performance. Some key regulatory reform options are proposed and their impact estimated. The study examines the prospect for further increasing exports and off shoring of a large number of services for which Tunisia has demonstrated a real export capacity


Maghreb Regional and Global Integration

Maghreb Regional and Global Integration

Author: Gary Clyde Hufbauer

Publisher: Columbia University Press

Published: 2008-10-01

Total Pages: 215

ISBN-13: 0881324949

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Increasing terrorist activity has led the Maghreb countries—Morocco, Algeria, Tunisia, Mauritania, and Libya—to focus on antiterrorism efforts, unintentionally at the expense of full-fledged economic reform. These countries have tightened their border restrictions on the flow of people and goods, reducing commerce and depressing economic activity. In fact, Maghreb has one of the lowest rates of intra-regional trade in the world; other factors like rigid economic structures, slow productivity growth, and modest investment levels continue to stymie progress toward economic integration. Do these countries' diverse circumstances symbolize insurmountable obstacles in achieving economic cooperation and an improved standard of living for citizens? How can the United States and European Union facilitate economic progress? Maghreb Regional and Global Integration: A Dream to Be Fulfilled utilizes two distinct econometric tools to assess four key sectors—energy, banking and insurance, transport, and agribusiness—and outlines achievable sector-specific recommendations. This book not only assesses the gains from economic integration among the Maghreb countries, but also focuses on the tangible benefits from enhanced economic ties between the region and the world economy. With this critical analysis, the authors provide an in-depth look at practical measures such as bilateral trade and investment agreements, regional arrangements, and financial assistance that can significantly boost short-term success and ensure long-term gains through integration in an unstable region.


Making the Tunisian Resurgence

Making the Tunisian Resurgence

Author: Mahmoud Sami Nabi

Publisher: Springer

Published: 2019-01-23

Total Pages: 221

ISBN-13: 9811337713

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This book investigates the socioeconomic factors that triggered Tunisia’s "revolution for dignity” and the current issues and challenges facing its economy while suggesting mechanisms and instruments for their resolution. The author begins by analyzing the roots of the revolution and the post-revolution situation from a political sociology perspective and then diagnoses the Tunisian economy before and after the revolution and identifies the multidimensional binding constraints preventing it from escaping the middle-income trap. The book then explores the pillars of an inclusive development strategy that Tunisia should pursue. The emphasis is made on building inclusive institutions, developing a new social contract and reinventing the country's leadership. Beyond the institutional dimension, the author suggests innovative financial channels, discusses the strategy of a successful integration of the Tunisian economy in the global economy as well as the pillars of its transformation into a knowledge-based economy.


Economic Integration in the Maghreb

Economic Integration in the Maghreb

Author: Mr.Alexei P Kireyev

Publisher: International Monetary Fund

Published: 2019-02-13

Total Pages: 47

ISBN-13: 1484378377

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Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their total trade, substantially lower than in all other regional trading blocs around the world. Geopolitical considerations and restrictive economic policies have stifled regional integration. Economic policies have been guided by country-level considerations, with little attention to the region, and are not coordinated. Restrictions on trade and capital flows remain substantial and constrain regional integration for the private sector.


International Monetary Fund Annual Report 2012

International Monetary Fund Annual Report 2012

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2012-10-04

Total Pages: 76

ISBN-13: 1475511310

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The IMF's 2012 Annual Report chronicles the response of the Fund's Executive Board and staff to the global financial crisis and other events during financial year 2012, which covers the period from May 1, 2011, through April 30, 2012. The print version of the Report is available in eight languages (Arabic, Chinese, English, French, German, Japanese, Russian, and Spanish), along with a CD-ROM (available in English only) that includes the Report text and ancillary materials, including the Fund's Financial Statements for FY2012.


Tunisia's International Relations since the 'Arab Spring'

Tunisia's International Relations since the 'Arab Spring'

Author: Tasnim Abderrahim

Publisher: Routledge

Published: 2017-09-22

Total Pages: 245

ISBN-13: 1351732560

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When popular protests started in Tunisia in late 2010, few anticipated the implications these events would have for the entire Arab region. In the following years, this region witnessed deep changes, increased divisions, and even failing states. Meanwhile, Tunisia managed to assert itself as a new democracy. How did this small country manage its democratic transition within such a short period? And what implications has this had for its foreign policy and its role in international politics? This book assesses Tunisia’s transition ‘inside and out’ from four angles: Tunisian polity and politics which provide the framework for its foreign policy since the ‘Arab Spring’; bilateral relations before and after the ‘Arab Spring’; Tunisia’s activism in international organisations as well as their presence in Tunisia; and transnational issues in Tunisia. Drawing on a broad range of primary sources, including authors’ own interview material conducted with politicians and representatives of civil society and international NGOs involved in the transition process, the book shows that since 2011 Tunisia has not only developed fundamentally at the domestic level, but also at the level of external relations. New and old alliances, a broadening of relations, and new activism of civil society and of Tunisia in international organisations certify that Tunisia has the potential to play an increasingly important role regionally as well as internationally. Providing an encompassing picture of Tunisia’s changed role and successful transition from an autocracy to a democracy, the book allows students and scholars in the field to understand the ‘last country standing’ better, a country that both the scientific community and the political scene should not underestimate for the promises it holds.


International Financial Integration

International Financial Integration

Author: Mr.Gian Milesi-Ferretti

Publisher: International Monetary Fund

Published: 2003-04-01

Total Pages: 46

ISBN-13: 1451850905

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In recent decades, the foreign assets and liabilities of advanced economies have grown rapidly relative to GDP, with the increase in gross cross-holdings far exceeding changes in the size of net positions. Moreover, the portfolio equity and FDI categories have grown in importance relative to international debt stocks. This paper describes the broad trends in international financial integration for a sample of industrial countries and seeks to explain the cross-country and time-series variation in the size of international balance sheets. It also examines the behavior of the rates of return on foreign assets and liabilities, relating them to "market" returns.