Achieving Faster Economic Growth in Tunisia
In the past, Tunisia's growth has fluctuated greatly with agricultural output; investment has been a major engine of growth although productivity has played an increasingly important role. On the one hand, with the ongoing implementation of th...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2000/12/20183860/achieving-faster-economic-growth-tunisia http://hdl.handle.net/10986/20386 |
| Summary: | In the past, Tunisia's growth
has fluctuated greatly with agricultural output; investment
has been a major engine of growth although productivity has
played an increasingly important role. On the one hand, with
the ongoing implementation of the association agreement
signed with the European Union (EU) in July 1995, tariffs on
manufactured goods imported from the EU are being gradually
removed. To compete against cheaper imports from the EU,
domestic manufacturers who operated for decades behind high
tariff barriers must improve competitiveness. In order to
identify tariffs for Tunisia to realize its long term goal
amidst competition challenges, the report is structured as
follows: section one gives introduction; section two
analyzes the factors that have contributed to economic
growth in the past. Section three provides a framework for
analyzing prospects for realizing faster growth in Tunisia
and for achieving Organization for Economic Cooperation and
Development (OECD) status in long term. Section four derives
implications and structural changes required for faster
growth to be achieved. Section fives gives some concluding remarks. |
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