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OECD Economic Surveys.

Author: OECD Publishing
Publisher: Paris : OECD Publishing, 2018.
Edition/Format:   eBook : Document : EnglishView all editions and formats
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Publishing, OECD.
OECD Economic Surveys: Tunisia 2018 - Economic Assessment.
Paris : OECD Publishing, ©2018
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: OECD Publishing
ISBN: 9789264291751 926429175X
OCLC Number: 1031344225
Notes: Figure 21. Logistical performance has deteriorated.
Description: 1 online resource (132 pages)
Contents: Intro; Table of contents; Basic statistics of Tunisia, 2016; Acronyms; Executive summary; The drivers of inclusive growth need to be rebalanced; Reviving business investment is vital for relaunching the convergence process; The creation of quality jobs will help reduce the gap in living standards; Assessment and recommendations; Solid progress for several decades in the political, social and economic fields; Figure 1. Political transition: significant progress toward democracy; Figure 2. Indicators of well-being are fairly high, except for employment and income. Figure 3. The poverty rate has declinedFigure 4. The process of economic convergence has been gradual; Figure 5. The Tunisian economy has been resilient; Figure 6. Medium-term growth outlook based on the complexity of the economy; Growth is going to become stronger, but inflationary pressures and the twin deficits persist; The economy is gaining strength; Figure 7. Macroeconomic indicators; Job creation is weak and unemployment remains high; Figure 8. Real wages have outpaced productivity; It is proving hard to reverse the current account deficit. Figure 9. The devaluation of the dinar was not enough to reduce the current deficitGrowth will strengthen in 2018 and 2019, but risks persist; Table 1. Recent developments and projections; Table 2. Events which could affect economic performance; Policies to restore macroeconomic balances without halting growth; Create conditions for the transition to a medium-term explicit inflation targeting system; Improving banks' health; Figure 10. Bank profits in international comparison, 2015 or latest year available; Figure 11. The rate of lending is higher but remains weak. Figure 12. Non-performing loans are significantConsolidating public finances while preserving growth and reinforcing social justice; Table 3. Fiscal outcomes:1 principal data; Figure 13. Tunisia needs to return its public finances to a more sustainable path; Figure 14. The pension regime is generous but unsustainable; Figure 15. Tax revenues are relatively high in comparison to other emerging countries; Box 1. Budget law for 2018; Box 2. India's experience in reforming subsidies; Returning Tunisia to a path of inclusive and robust growth; Figure 16. Contributions to economic growth. Promoting business investment by improving the regulatory and institutional frameworkFigure 17. Product market regulations are particularly restrictive; Box 3. Regulatory reform: impact on growth and debt sustainability; Table 4. Economic gains from reducing obstacles to competition; Figure 18. Impact of the different reform scenarios on growth; Figure 19. Changes in the ratio of public debt to GDP: past and future scenario; Trade openness has promoted growth and employment in offshore companies; Figure 20. Tunisia's positioning in global value chains has progressed.

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