Description: Tunisia - Development Policy Review : Towards Innovation-driven Growth

Tunisia - Development Policy Review : Towards Innovation-driven Growth

Tunisia must move from a low value-added and low cost economy to a higher value-added, knowledge intensive economy in order to significantly reduce unemployment, its overriding challenge. This Development Policy Review (DPR) provides a discussion o...

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Bibliographic Details
Main Author:	World Bank
Language:	English
Published:	World Bank 2012
Subjects:	ACCOUNTING ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICIES ACTIVE LABOR MARKET POLICY AGE GROUP AGE GROUPS AGRICULTURAL SUBSIDIES AGRICULTURE ANTI-COMPETITIVE PRACTICES AVERAGE UNEMPLOYMENT AVERAGE UNEMPLOYMENT RATE BANKING SYSTEM BARRIERS TO ENTRY BENCHMARKING BORROWING CAPITAL ACCOUNT CAPITAL ACCOUNT LIBERALIZATION CAPITAL INVESTMENT CAPITAL MARKET CAPITAL USE CENTRAL BANK CLIMATE CHANGE COMMERCIAL BANKS COMPETITIVE PRESSURE COMPETITIVENESS COMPLEX TASK CONSUMPTION SMOOTHING CONTRACT ENFORCEMENT CURRENCY DEBT DEBT INSTRUMENTS DECENTRALIZATION DEMOGRAPHIC TRANSITION DEVELOPMENT POLICY DISMISSAL DOMESTIC MARKET DRIVERS EARNING ECONOMETRIC ANALYSIS ECONOMIC ACTIVITY ECONOMIC CRISES ECONOMIC DEVELOPMENT ECONOMIC EXPANSION ECONOMIC PERFORMANCE ECONOMIC REGULATION ECONOMIC STRUCTURE EFFECTIVE USE ELASTICITY EMPLOYMENT INFORMATION EMPLOYMENT OUTCOMES EMPLOYMENT SITUATION ENABLING ENVIRONMENT ENERGY EFFICIENCY ENVIRONMENTAL ENVIRONMENTAL DEGRADATION EQUIPMENT EQUIPMENTS EXCHANGE RATE EXCHANGE RATE FLUCTUATIONS EXOGENOUS SHOCKS EXPENDITURE EXPENDITURES EXPORT MARKETS EXPORTS EXTERNAL FINANCE EXTERNALITIES FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL SECTOR FIRM LEVEL FIRM SURVEY FIRM-LEVEL PRODUCTIVITY FISCAL DEFICITS FISCAL POLICIES FIXED COSTS FIXED INTEREST FIXED INTEREST RATE FLEXIBLE EXCHANGE RATE FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN PORTFOLIO INVESTMENT FREE TRADE FUND MANAGERS FUTURE LABOR GDP GDP PER CAPITA GOVERNMENT SECURITIES GOVERNMENT SUPPORT GROSS DOMESTIC PRODUCT GROWTH RATE HIGH UNEMPLOYMENT HIGH UNEMPLOYMENT RATE HOUSEHOLD SURVEY HUMAN CAPITAL INCOME GROWTH INFANT MORTALITY INFORMAL SECTOR INNOVATION INSTITUTIONAL INVESTORS INSURANCE INTELLECTUAL PROPERTY INTEREST PAYMENTS INTEREST RATE INTERNATIONAL STANDARDS INTERNATIONAL TRADE INVENTORY INVESTMENT BANK INVESTMENT FUND JOB CREATION JOB SEEKERS JOB VACANCY JOBS LABOR COST LABOR DEMAND LABOR FORCE LABOR MARKET LABOR MARKET OUTCOMES LABOR MARKET POLICIES LABOR MARKET POLICY LABOR MARKET REFORMS LABOR MOBILITY LABOR PRODUCTIVITY LABOR REGULATION LABOR REGULATIONS LABOR SUPPLY LABOUR LABOUR MARKET LAYOFFS LEGAL FRAMEWORK LIFE EXPECTANCY LINES OF CREDIT LIQUIDITY LIVING CONDITIONS LOCAL CURRENCY MACROECONOMIC ENVIRONMENT MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MANUFACTURING INDUSTRIES MARKET COMPETITION MARKET DISCIPLINE MARKET PRICES MARKET REGULATOR MATHEMATICS MINIMUM WAGE MONETARY FUND MORAL HAZARD NATIONAL INCOME NATURAL RESOURCES NON-PERFORMING LOANS NPL OIL OPEN ECONOMY PARTIAL PRIVATIZATION PATENTS PER CAPITA INCOME PER CAPITA INCOMES POLICY MAKERS POLICY RESPONSE PORTFOLIO PORTFOLIO INVESTMENTS POTENTIAL INVESTORS PRICE FIXING PRIMARY EDUCATION PRIVATE FIRMS PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE SECTOR PRODUCT MARKET PRODUCTION FUNCTIONS PRODUCTION PROCESS PRODUCTIVITY GAP PRODUCTIVITY GROWTH PROPERTY RIGHT PUBLIC DEBT PUBLIC FUND PUBLIC GOOD PUBLIC SERVICE PUBLIC SERVICES PUBLIC WORKS REAL GDP REGULATORY FRAMEWORK RESOURCE MANAGEMENT RETURN RISK SHARING SAFETY SAFETY NET SALARIED EMPLOYMENT SALARIED WORKERS SEASONAL WORKERS SERVANTS SEVERANCE PAY SKILL UPGRADING SKILLED LABOR SKILLED WORKERS STOCK MARKET STRUCTURAL CHANGE SURVIVAL RATE TARIFF BARRIERS TARIFF REVENUES TAX TECHNICAL ASSISTANCE TERMS OF TRADE TOTAL EMPLOYMENT TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE LIBERALIZATION TRADEOFFS TRADING TRAINING CENTERS UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT INSURANCE UNEMPLOYMENT RATE UNEMPLOYMENT RATES VALUE ADDED VOCATIONAL TRAINING WAGE EARNER WAGES WORKER YOUTH LABOR
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20101212224732 http://hdl.handle.net/10986/2955

Description
Summary:	Tunisia must move from a low value-added and low cost economy to a higher value-added, knowledge intensive economy in order to significantly reduce unemployment, its overriding challenge. This Development Policy Review (DPR) provides a discussion of the key issues and challenges that are involved in achieving this goal. Towards this end, it discusses trade integration, innovation policies and enabling environment reforms (macro stability, economic regulation and governance, financial sector and labor market reforms and capital account opening) that could facilitate the structural transformation of the economy. The DPR is organized as follows: chapter one reviews growth and employment outcomes and challenges; chapter two discusses the rationale for increasing the pace of structural transformation of the economy in order to boost growth and reduce unemployment; chapter three examines the strengths and weaknesses of Tunisia's innovation system and strategies and proposes reform options in light of the international experience; chapter four discusses key aspects of Tunisia's global integration that could further contribute to innovation and productivity growth; chapters five discusses the key improvement in the enabling environment needed to support innovation and productivity growth (economic regulation, education sector reforms, financial sector reforms and labor market); finally, chapter six discusses structural transformation issues in natural resource-intensive sectors and examine the specific sectoral reforms needed to address the trade-offs between several objectives, including growth and natural resources preservation.

Tunisia - Development Policy Review : Towards Innovation-driven Growth

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