Occasional Papers

The Path to Convertibility and Growth: The Tunisian Experience

ByGerwin Bell, M. Zühtü Yücelik, Paul J Duran, Saleh M. Nsouli, Sena Eken

September 15, 1993

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Format: Chicago

Gerwin Bell, M. Zühtü Yücelik, Paul J Duran, Saleh M. Nsouli, and Sena Eken. The Path to Convertibility and Growth: The Tunisian Experience, (USA: International Monetary Fund, 1993) accessed 12/8/2025, https://doi.org/10.5089/9781557753571.084

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Summary

This paper charts Tunisia's transformation from an inward-looking, heavily regulated economy into a predominantly market- and export-oriented one. The paper highlights some of the major challenges facing the country and draws lessons from Tunisia's experience that can be useful for other countries.

Subject: Banking, Economic sectors, Expenditure, Financial institutions, Imports, International trade, Public enterprises, Revenue administration, Treasury bills and bonds

Keywords: adjustment effort, debt profile, Global, government, government absorption, Imports, Middle East, OP, policies Tunisia, public enterprise, Public enterprises, rate, savings-investment gap, tax, tax source, Treasury bills and bonds, wage pact