Tunisia's recent growth and development performance relative to countries in its region, and relative to countries at similar levels of development in other parts of the world, particularly in Sub-Saharan Africa, have been notable. An analysis of Tunisia's path to development reveals that the...

We examine aid-induced Dutch Disease — after controlling for the effects of remittances and FDI flows — in the context of two North African countries, Morocco and Tunisia. We do so by performing a multivariate time series analysis of aggregated annual data over the period 1980-2009. Aid...

We examine aid-induced Dutch Disease - after controlling for the effects of remittances and FDI flows - in the context of two North African countries, Morocco and Tunisia. We do so by performing a multivariate time series analysis of aggregated annual data over the period 1980-2009. Aid causes...

Institutional improvement can be a very slow and uncertain process when institutional quality is weak. In the meantime, countries have launched far-reaching economic reforms whose success is predicated on a large investment response. However, the uncertainties attending institutional reform can...

In 1965, Tunisia's real GDP per capita was 645 Tunisian dinars (TD). Twenty years later, it rose to TD 1,285 (about double its level in 1965). In 2005, Tunisia increased its per capita real GDP to TD 2,480. While this may seem to be a substantial increase in income over four decades, it pales...

Tunisia's recent growth and development performance relative to countries in its region, and relative to countries at similar levels of development in other parts of the world, particularly in Sub-Saharan Africa, have been notable. An analysis of Tunisia's path to development reveals that the...