The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Tunisia, Economy of

  • Barry Turner
Reference work entry


Tunisia’s economic record compares favourably with other developing countries, particularly those on the African continent. After a balance of payments crisis in the mid-1980s, steps were taken to improve macroeconomic policy, foster the non-public sector and liberalize prices and controls. In the 1990s the economy grew steadily at an average annual rate of 5%. Inflation and annual budget deficits have fallen and poverty has been reduced.


Jasmine revolution Millemes Multi-Fibre Agreement Tunisian dinar 

JEL Classification

O53 R11 
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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Barry Turner
    • 1
  1. 1.