Tunisia's Global Integration : Second Generation of Reforms to Boost Growth and Employment

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dc.contributor.author
World Bank
en_US
dc.date.accessioned
2012-06-12T21:46:26Z
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dc.date.available
2012-06-12T21:46:26Z
en_US
dc.date.issued
2008-05
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dc.identifier.uri
http://hdl.handle.net/10986/7893
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dc.description.abstract
This report addresses the following issues: Chapter one takes stock of the integration policies implemented since the early 1970s and assessed their impact on foreign direct investments (FDI), exports and employment. Chapter two looks at today's major challenges in the manufacturing sector and the specific policies needed to address them. Chapter three assesses the entry, business, and trade restrictions in Tunisia's key backbone services sectors (telecommunication, banking, air transport, accounting, auditing, and legal services) using a well-focused regulatory questionnaire. The restrictiveness indices calculated from the regulatory questionnaire are then used to benchmark Tunisia against Organisation for Economic Co-operation and Development (OECD) and some emerging economies and to simulate the impact of various liberalization options on the price of services and the economy via a multi-region general equilibrium model. Finally, chapter four examines the prospect for increasing exports and off shoring of a large number of services for which Tunisia has demonstrated a strong capacity for export in recent years. The significant increase in real incomes in Tunisia is the result of solid gross domestic product (GDP) growth since the mid-1960s (5 percent a year), low inflation and the demographic transition, faster than in neighboring countries. In 1996-2007, economic growth has exhibited greater resilience to moderate exogenous shocks, thanks to prudent macroeconomic management public debt declined from 62.4 percent in 2001 to 50.9 percent of GDP in 2007 thanks to pro-active debt management. The resulting decline in the debt service since 2005 combined with steady GDP growth allowed the government to 'protect' capital expenditures and key social spending within the context of low but structural fiscal deficit. While the current account remained in deficit over the last 10 years, foreign exchange reserves increased steadily thanks to increasing FDI inflows. In 2007, international reserves increased by US$ 1 billion to US$ 7.8 billion, representing 4.6 months of imports of goods and services.
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dc.language
English
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dc.publisher
Washington, DC
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dc.rights
CC BY 3.0 Unported
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dc.rights.uri
http://creativecommons.org/licenses/by/3.0/
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dc.subject
ACCESS TO INFORMATION
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ACCOUNTING
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ACTIVE DEBT
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AGRICULTURE
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ANTI-COMPETITIVE PRACTICES
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APPAREL
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AVERAGE PRODUCTIVITY
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AVERAGE TARIFF
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BALANCE OF PAYMENT
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BANK PROFITABILITY
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BARRIERS TO COMPETITION
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BENCHMARK
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BENCHMARKING
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BENEFICIARIES
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BILATERAL AGREEMENT
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BILATERAL AGREEMENTS
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BILATERAL COOPERATION
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BORROWER
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BUSINESS ENVIRONMENT
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CAPITAL GOODS
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COLLATERALS
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COMPARATIVE ADVANTAGES
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COMPETITION AUTHORITIES
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COMPETITION LAW
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COMPETITION LAWS
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COMPETITION LEGISLATION
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COMPETITIVE POSITION
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COMPETITIVENESS
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CONSUMER PRICES
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CONSUMERS
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COUNTRY MARKETS
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COUNTRY RISK
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CREDIBILITY
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CREDIT MARKET
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CREDIT STRUCTURE
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CURRENT ACCOUNT
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CUSTOMS CLEARANCE
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CUSTOMS PROCEDURES
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DEBT
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DEBT MANAGEMENT
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DEBT SERVICE
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DEVELOPING COUNTRY
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DEVELOPMENT PROJECTS
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DOMESTIC CONSUMPTION
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DOMESTIC INDUSTRIES
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DOMESTIC MARKET
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DOMESTIC MARKETS
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DOUBLE TAXATION
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ECONOMIC DEVELOPMENT
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dc.subject
ECONOMIC EXPANSION
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ECONOMIC SECTORS
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dc.subject
ECONOMIES OF SCALE
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EMERGING ECONOMIES
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dc.subject
ENTRY BARRIERS
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EQUIPMENT
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EQUIPMENTS
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EXCHANGE CONTROLS
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EXCHANGE RATES
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EXOGENOUS SHOCKS
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EXPENDITURES
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EXPORT BIAS
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EXPORT GROWTH
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EXPORT MARKET
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EXPORT MARKETS
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EXPORT OPPORTUNITIES
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EXPORT PERFORMANCE
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EXPORT VALUE
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EXPORT VOLUMES
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EXPORTER
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EXPORTERS
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EXPORTS
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EXTERNAL TRADE
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FINAL GOODS
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FINANCIAL INSTITUTIONS
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FINANCIAL INSTRUMENT
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FINANCIAL SECTOR
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FINANCIAL SUPPORT
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FISCAL DEFICIT
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FIXED COSTS
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FOREIGN BANKS
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FOREIGN DIRECT INVESTMENT
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FOREIGN DIRECT INVESTMENTS
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FOREIGN EXCHANGE
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FOREIGN EXCHANGE RESERVES
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FOREIGN FIRMS
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FOREIGN INVESTMENT
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FOREIGN INVESTORS
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FOREIGN MARKETS
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FRAUD
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FREE ACCESS
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FREE TRADE
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FREE TRADE AGREEMENTS
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FREE TRADE AREA
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GDP PER CAPITA
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GENERAL EQUILIBRIUM MODEL
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GLOBAL COMPETITION
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GLOBAL INTEGRATION
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GLOBAL MARKET
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GROWTH MODELS
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GROWTH RATE
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HUMAN CAPITAL
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HUMAN CAPITAL DEVELOPMENT
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HUMAN RESOURCE
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INCOME GROWTH
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INDUSTRIAL PRODUCTS
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INDUSTRIAL SECTOR
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INFLATION
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INFORMATION TECHNOLOGY
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INFRASTRUCTURE DEVELOPMENT
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INSURANCE
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INSURANCE COMPANIES
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INTELLECTUAL PROPERTY
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INTERNATIONAL MARKET
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INTERNATIONAL PRICES
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INTERNATIONAL PRODUCTION
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INTERNATIONAL STANDARDS
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INTERNATIONAL TRADE
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INVENTORY
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INVESTING
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INVESTMENT CLIMATE
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INVESTMENT INCENTIVES
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KNOWLEDGE SPILLOVERS
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LABOR MARKET
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LABOR MARKETS
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LACK OF COMPETITION
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LIBERALIZATION OF TRADE
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LOAN
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LOAN DEFAULT
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LOAN DEFAULTS
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MARKET ACCESS
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MARKET ECONOMY
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MARKET FAILURE
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MARKET FAILURES
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MARKET SHARE
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MARKET SHARES
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MARKET STRUCTURE
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MATURITIES
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METAL PRODUCTS
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MULTILATERAL LIBERALIZATION
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MUTUAL RECOGNITION
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NET INFLOWS
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NONPAYMENT
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NONPERFORMING LOANS
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OIL EXPORTERS
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OPENNESS
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OWNERSHIP STRUCTURE
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PREFERENTIAL AGREEMENT
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PREFERENTIAL AGREEMENTS
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PREFERENTIAL PARTNERS
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PREFERENTIAL TRADE
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PREFERENTIAL TRADE AGREEMENT
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PRIVATE CREDIT
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PRIVATE INVESTMENT
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PROCESS OF NEGOTIATIONS
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PRODUCT DIFFERENTIATION
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PRODUCTIVITY
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PRODUCTIVITY GROWTH
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PROPERTY RIGHT
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PROTECTION RATES
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PUBLIC DEBT
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PURCHASING POWER
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REAL GDP
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REAL INCOME
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REGIONAL TRADE
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REGULATORY BARRIERS
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REGULATORY CONVERGENCE
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REGULATORY OVERSIGHT
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RETAIL TRADING
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RISK OF LOAN
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RULES OF ORIGIN
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SHAREHOLDER
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SPECIALIZATION
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STRUCTURAL CHANGE
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TARIFF PROTECTION
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TARIFF RATE
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TARIFF RATES
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TARIFF REDUCTION
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TARIFF REDUCTIONS
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TAX
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TAX RATE
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TAXATION
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TECHNICAL ASSISTANCE
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TELECOMMUNICATIONS
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TIMELY PAYMENT
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TOTAL FACTOR PRODUCTIVITY
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TRADE AGREEMENT
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TRADE AGREEMENTS
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TRADE DIVERSION
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TRADE FACILITATION
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TRADE INTEGRATION
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TRADE LIBERALIZATION
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TRADE LOGISTICS
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TRADE NEGOTIATIONS
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TRADE POLICY
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TRADE REFORM
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TRADE REFORMS
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TRADE REGIME
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TRADE RESTRICTIONS
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TRADING
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TRANSACTION
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TRANSACTION COSTS
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TRANSACTIONS COSTS
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TRANSPARENCY
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TRANSPORT COSTS
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TREATIES
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TRUST FUND
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UNEMPLOYMENT
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UNEMPLOYMENT RATE
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UNFAIR COMPETITION
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UNILATERAL REFORM
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URUGUAY ROUND
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VALUE ADDED
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WAREHOUSES
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WELFARE GAINS
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WORKING CAPITAL
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WORLD MARKETS
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WTO
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ZERO TARIFFS
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dc.title
Tunisia's Global Integration : Second Generation of Reforms to Boost Growth and Employment
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dc.title.alternative
Integration Mondiale de la Tunisie : Une Nouvelle Generation de Reformes pour Booster la Croissance et l'Emploi
en_US
okr.identifier.externaldocumentum
000333038_20081015003014
en_US
okr.identifier.internaldocumentum
9936025
en_US
okr.volume
1 of 1
en_US
okr.topic
Economic Theory and Research
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okr.topic
Private Sector Development :: Emerging Markets
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okr.topic
Macroeconomics and Economic Growth :: Markets and Market Access
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okr.topic
International Economics and Trade :: Free Trade
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okr.topic
Finance and Financial Sector Development :: Debt Markets
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okr.theme
Macroeconomic management
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okr.theme
Analysis of economic growth
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okr.sector
General public administration sector
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okr.sector
General industry and trade sector
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okr.sector
General finance sector
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okr.sector
General agriculture
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okr.sector
General agriculture, fishing and forestry sector
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okr.region.administrative
Middle East and North Africa
en_US
okr.identifier.report
40129
en_US
okr.unit
Social & Economic Development Gp (MNSED)
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okr.region.country
Tunisia
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okr.doctype
Economic & Sector Work :: General Economy, Macroeconomics and Growth Study
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okr.doctype
Economic & Sector Work
en_US
dc.rights.holder
World Bank
en_US
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Finance and Markets
okr.globalpractice
Finance and Markets
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes

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