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recordtype oai_dc
spelling okr-10986-205422021-04-23T14:03:56Z All in the Family : State Capture in Tunisia Rijkers, Bob Freund, Caroline Nucifora, Antonio AUTHORIZATION REQUIREMENTS BAILOUTS BALANCE SHEET BUSINESS COMMUNITY BUSINESS REGULATIONS BUSINESSES CAPITAL CONTROLS COMPETITORS DEVELOPING COUNTRIES EMPLOYMENT ENTREPRENEURS ENTREPRENEURSHIP FIRM PERFORMANCE FIRMS FOREIGN DIRECT INVESTMENT GROWTH RATES ID IMAGE INSTITUTIONAL ARCHITECTURE INSTITUTIONAL INFRASTRUCTURE INTERNATIONAL ECONOMICS INVESTMENT POLICIES INVESTMENT POLICY INVESTMENT REGULATIONS INVESTMENT RESTRICTIONS LICENSING MARKET SHARE MARKET VALUE OUTPUT PRIVATE SECTOR REAL ESTATE REGULATORY INFRASTRUCTURE REGULATORY RESTRICTIONS RESULT RESULTS RULE OF LAW STARTUP STATE CAPTURE STOCK MARKET STOCK MARKET CAPITALIZATION TAX TELECOMMUNICATIONS Understanding state-business relationships and how they have shaped the institutional architecture of countries in the Middle East and Northern Africa (MENA) is crucial for the identification of systemic vulnerabilities and reform priorities. In this paper, the authors examine the relationship between regulation and the business interests of President Ben Ali and his family, using unique firm-level data from Tunisia for 1994 to 2010, and document how Tunisia s investment policy was abused to serve the president s family s private interests. In spite of widespread recognition of its importance, empirical evidence on state capture has been limited by a lack of data. To redress this lacuna, the authors merge data on investment regulations with balance sheet and firm-level census data in which 220 firms owned by the Ben Ali family are identified. The data set assembled allows identifying the relationship between investment policies and the business interests of Tunisia's politicians. Tunisians today literally continue to pay the price of privileges extended to an elite group of entrepreneurs. Reform efforts have not yet resulted in an opening up of economic opportunities for all, which is unfortunate since this was one of the central demands of those who took the streets a little over three years ago. 2014-11-19T15:31:34Z 2014-11-19T15:31:34Z 2014-05 http://documents.worldbank.org/curated/en/2014/05/20144399/all-family-state-capture-tunisia http://hdl.handle.net/10986/20542 English en_US MENA knowledge and learning quick notes series;no. 124 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Brief Publications & Research Middle East and North Africa Tunisia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AUTHORIZATION REQUIREMENTS
BAILOUTS
BALANCE SHEET
BUSINESS COMMUNITY
BUSINESS REGULATIONS
BUSINESSES
CAPITAL CONTROLS
COMPETITORS
DEVELOPING COUNTRIES
EMPLOYMENT
ENTREPRENEURS
ENTREPRENEURSHIP
FIRM PERFORMANCE
FIRMS
FOREIGN DIRECT INVESTMENT
GROWTH RATES
ID
IMAGE
INSTITUTIONAL ARCHITECTURE
INSTITUTIONAL INFRASTRUCTURE
INTERNATIONAL ECONOMICS
INVESTMENT POLICIES
INVESTMENT POLICY
INVESTMENT REGULATIONS
INVESTMENT RESTRICTIONS
LICENSING
MARKET SHARE
MARKET VALUE
OUTPUT
PRIVATE SECTOR
REAL ESTATE
REGULATORY INFRASTRUCTURE
REGULATORY RESTRICTIONS
RESULT
RESULTS
RULE OF LAW
STARTUP
STATE CAPTURE
STOCK MARKET
STOCK MARKET CAPITALIZATION
TAX
TELECOMMUNICATIONS
spellingShingle AUTHORIZATION REQUIREMENTS
BAILOUTS
BALANCE SHEET
BUSINESS COMMUNITY
BUSINESS REGULATIONS
BUSINESSES
CAPITAL CONTROLS
COMPETITORS
DEVELOPING COUNTRIES
EMPLOYMENT
ENTREPRENEURS
ENTREPRENEURSHIP
FIRM PERFORMANCE
FIRMS
FOREIGN DIRECT INVESTMENT
GROWTH RATES
ID
IMAGE
INSTITUTIONAL ARCHITECTURE
INSTITUTIONAL INFRASTRUCTURE
INTERNATIONAL ECONOMICS
INVESTMENT POLICIES
INVESTMENT POLICY
INVESTMENT REGULATIONS
INVESTMENT RESTRICTIONS
LICENSING
MARKET SHARE
MARKET VALUE
OUTPUT
PRIVATE SECTOR
REAL ESTATE
REGULATORY INFRASTRUCTURE
REGULATORY RESTRICTIONS
RESULT
RESULTS
RULE OF LAW
STARTUP
STATE CAPTURE
STOCK MARKET
STOCK MARKET CAPITALIZATION
TAX
TELECOMMUNICATIONS
Rijkers, Bob
Freund, Caroline
Nucifora, Antonio
All in the Family : State Capture in Tunisia
geographic_facet Middle East and North Africa
Tunisia
relation MENA knowledge and learning quick notes series;no. 124
description Understanding state-business relationships and how they have shaped the institutional architecture of countries in the Middle East and Northern Africa (MENA) is crucial for the identification of systemic vulnerabilities and reform priorities. In this paper, the authors examine the relationship between regulation and the business interests of President Ben Ali and his family, using unique firm-level data from Tunisia for 1994 to 2010, and document how Tunisia s investment policy was abused to serve the president s family s private interests. In spite of widespread recognition of its importance, empirical evidence on state capture has been limited by a lack of data. To redress this lacuna, the authors merge data on investment regulations with balance sheet and firm-level census data in which 220 firms owned by the Ben Ali family are identified. The data set assembled allows identifying the relationship between investment policies and the business interests of Tunisia's politicians. Tunisians today literally continue to pay the price of privileges extended to an elite group of entrepreneurs. Reform efforts have not yet resulted in an opening up of economic opportunities for all, which is unfortunate since this was one of the central demands of those who took the streets a little over three years ago.
format Publications & Research :: Brief
author Rijkers, Bob
Freund, Caroline
Nucifora, Antonio
author_facet Rijkers, Bob
Freund, Caroline
Nucifora, Antonio
author_sort Rijkers, Bob
title All in the Family : State Capture in Tunisia
title_short All in the Family : State Capture in Tunisia
title_full All in the Family : State Capture in Tunisia
title_fullStr All in the Family : State Capture in Tunisia
title_full_unstemmed All in the Family : State Capture in Tunisia
title_sort all in the family : state capture in tunisia
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/05/20144399/all-family-state-capture-tunisia
http://hdl.handle.net/10986/20542
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