Investment Climate Assessment : Enterprises' Perception in Post Revolution Tunisia

Located in the heart of the North African coastline, adjacent to vital shipping channels connecting Europe and Asia, Tunisia has long been a regional economic influence in the Middle East and North Africa. Although socialist policies dominated the...

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Bibliographic Details
Main Author:	World Bank
Format:	Investment Climate Assessment (ICA)
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCESS TO FINANCING ACCESS TO INFORMATION ACCOUNTABILITY ACCOUNTING AGE GROUP AGRICULTURE ALLOCATIVE EFFICIENCY ANGEL INVESTORS AUDITING AVERAGE EDUCATION LEVEL BANK CREDIT BANK EXPOSURE BANK FINANCING BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKS BASKET OF GOODS BENCHMARK BENCHMARKING BORROWING BUSINESS DEVELOPMENT COLLATERAL COLLATERAL REQUIREMENTS COLLEGE GRADUATES COMPETITIVE PRESSURE COMPETITIVE PRESSURES COMPETITIVENESS CONSUMERS CORRUPTION CREATIVE DESTRUCTION CREDIT INFORMATION CREDIT REGISTRY CREDIT RISK CREDITS DEVELOPMENT POLICY DEVELOPMENT STRATEGY DIVERSIFICATION DOMESTIC MARKET DRIVERS EARNINGS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INTEGRATION EDUCATION LEVELS EDUCATION SYSTEM EDUCATIONAL LEVEL EMERGING MARKETS EMPLOYEE EMPLOYERS ENTERPRISE GROWTH ENTREPRENEURS ENTREPRENEURSHIP ENTRY RATE EQUITY INVESTMENTS EXCHANGE RATE EXCHANGE RATES EXCLUSION EXPENDITURE EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORTS FACTOR MARKETS FINANCIAL CRISIS FINANCIAL DISTRESS FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL SECTOR FINANCIAL SECTOR ASSESSMENT FINANCIAL SERVICES FINANCIAL SYSTEM FIRM DYNAMICS FIRM DYNAMISM FIRM ENTRY FIRM PERFORMANCE FIRM SIZE FIRM TURNOVER FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN-OWNED FIRMS FREE TRADE GDP GDP PER CAPITA GROSS DOMESTIC PRODUCT GROSS FIXED CAPITAL FORMATION GROWTH RATE HIGH UNEMPLOYMENT HIGH WAGES HUMAN CAPITAL HUMAN RESOURCES INCOME INCOME LEVELS INFORMAL SECTOR INFORMATION SHARING INFORMATION SYSTEM INFORMATION TECHNOLOGY INNOVATION INSURANCE INTERNAL FUNDS INTERNATIONAL BANK INTERNATIONAL FINANCE INTERNATIONAL MARKETS INTERNATIONAL TRADE JOB CREATION JOB MARKET JOB SEEKERS JOBS JOBS CREATION KEY CHALLENGE LABOR COST LABOR COSTS LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKET INDICATORS LABOR MARKETS LABOR MOBILITY LABOR ORGANIZATION LABOR PRODUCTIVITY LABOR REGULATIONS LABOR SUPPLY LABOUR LABOUR COSTS LAWS LEGAL FRAMEWORK LEGISLATION LENDERS LIVING STANDARDS LOAN LOW EMPLOYMENT LOWERING TRADE BARRIERS MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MALE COUNTERPARTS MANUFACTURING INDUSTRY MFI MICROFINANCE MICROFINANCE INSTITUTIONS MIDDLE INCOME COUNTRIES MULTINATIONAL NATIONAL UNEMPLOYMENT NATIONAL UNEMPLOYMENT RATE NET JOB CREATION NEW MARKETS NONPERFORMING LOANS PER CAPITA INCOME POLICY ENVIRONMENT PRIVATE FIRMS PRIVATE INVESTMENT PRIVATE PARTNERSHIPS PRIVATE SECTOR PRIVATE SECTOR FIRMS PRIVILEGED ACCESS PRODUCT MARKETS PRODUCTION PATTERNS PRODUCTION PROCESSES PRODUCTION WORKERS PRODUCTIVE FIRMS PRODUCTIVE SECTOR PRODUCTIVITY DISPERSION PRODUCTIVITY GAINS PRODUCTIVITY GROWTH PROPERTY RIGHTS PUBLIC CREDIT PUBLIC EXPENDITURES PUBLIC POLICY PUBLIC-PRIVATE PARTNERSHIPS REAL ESTATE REGULATORY FRAMEWORK RENTS RISING UNEMPLOYMENT RISK MANAGEMENT SAFETY SAFETY NETS SAVINGS SKILLED WORKERS SOCIAL COHESION SOCIAL SAFETY NETS SOURCES OF FINANCE START-UP START-UPS STATE-OWNED ENTERPRISE STRUCTURAL CHANGE SUBSIDIARY SUPPLIERS SUPPLY CHAINS TAX ADMINISTRATION TAX INCENTIVES TAXATION TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRADE POLICY TRAINING CENTERS TRAINING COURSES TRAINING PROGRAM TRAINING PROGRAMS TRANSACTION COSTS TRANSITION ECONOMIES TRANSPORT UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT FIGURE UNEMPLOYMENT RATE UNION UNSKILLED LABOR VALUE ADDED VOCATIONAL TRAINING VULNERABLE GROUPS WAGE DETERMINATION WAGE STRUCTURE WAGES WATER SUPPLY WORKER WORKERS WORKERS SKILLS WORKING CAPITAL WORLD TRADE ORGANIZATION WTO YOUTH UNEMPLOYMENT
Online Access:	http://documents.worldbank.org/curated/en/2014/02/19717168/tunisia-enterprises-perception-post-revolution http://hdl.handle.net/10986/19323

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Summary:	Located in the heart of the North African coastline, adjacent to vital shipping channels connecting Europe and Asia, Tunisia has long been a regional economic influence in the Middle East and North Africa. Although socialist policies dominated the Tunisian economy throughout the latter half of the 20th century, Tunisia has re-focused its economic strategy on key indicators such as foreign investment, domestic job creation, exports and tourism. These have become the backbone of the Tunisian economy and have helped strengthen relationships with primary trading partners in the European Union. Exports such as textiles, computer arts and petrochemicals now account for a significant portion of the Tunisian economy. This liberal economic development strategy created years of stable annual growth and improved living standards well into the 2000s. However, this growth was unequal due to a culture of corruption and cronyism that reached its height during the era of former President Zine el Abidine Ben Ali from 1987 through 2011. Years of progressive economic growth were stymied by rising unemployment and government waste. Discontent for the Ben Ali government boiled over in January 2011 with a revolution to overthrow the president, ruling party and Parliament. In the ensuing months of uncertainty, declines in tourism and investment contributed to an overall economic decline that lasted throughout much of the year. The political climate also remained uncertain as Tunisians worked to form a new coalition government and transition into a democratic system.

Investment Climate Assessment : Enterprises' Perception in Post Revolution Tunisia

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