Competition Policies and Deregulation in Tunisia
Tunisia’s economy was highly regulated from independence in 1956 until 1986, at which point macroeconomic and external payment difficulties, along with the constraints of central control, prompted major policy changes. So far reform has involved the removal of barriers to competition, notably in trade and investment. In addition, most price controls have been removed, many state-owned enterprises have been privatized, and deregulation of banking has advanced considerably. During the period of structural adjustment (1986–94) Tunisia became the first southern Mediterranean country to sign a free trade agreement with the European Union, committing itself to total removal of tariff and non-tariff barriers on all imports (except agricultural products), and it became a full member of GATT (the General Agreement on Tariffs and Trade). Under the Uruguay Round Tunisia committed itself to the progressive removal of quantitative restrictions on imports and of binding on most tariff lines. Despite such progress, reform in many areas has been either inadequate or slow in coming. If Tunisia is to improve its economic performance, the climate of competition must be enhanced through further reform.
KeywordsSugar Transportation Income Marketing Lime
Unable to display preview. Download preview PDF.
- GATT (General Agreement on Tariffs and Trade), 1994. ‘Trade Policy Review, Tunisia,’ Geneva: GATT.Google Scholar
- Institut d’Economie Quantitative, 1994 ‘Investment Incentives in Tunisia,’ mimeograph, Ministry of Economic Development, Tunisia.Google Scholar
- IQE (Institute of Quantitative Economics), 1994. ‘Etude sur la Réforme du Système des Incitations à l’Investissement en Tunisie,’ Ministry of Planning and Regional Development.Google Scholar
- Jamel, Zarrouk, 1995. ‘Policy Implications of the Uruguay Round Results for the Arab Countries,’ paper presented at the Arab Joint Seminar on the Uruguay Round and the Arab Countries sponsored by the Arab Fund for Economic and Social Development, Kuwait.Google Scholar
- Lahouel, Mohamed Hedi, 1994a. ‘Trade and Exchange Rate Policies and the Performance of the Tunisian Economy in the Eighties,’ paper presented at the African Development Bank Development Policy Seminar (forthcoming in African Development Review).Google Scholar
- — 1994b. ‘Tunisia’s Economic Profile,’ paper prepared for the African Development Report 1995, Abidjan, Côte d’Ivoire: African Development Bank.Google Scholar
- Nsouli, Saleh M., Sena Eken, Paul Duran, Gerwin Bell, and Zühtü Yücelik, 1993. ‘The Path to Convertibility and Growth,’ Occasional Paper 109, Washington, D.C.: International Monetary Fund.Google Scholar
- Republic of Tunisia, 1994. ‘Politique Commerciale de la Tunisie.’Google Scholar