To assess the relevance of S&P grading, it is critical to understand the limitations of their methodology. In fact, S&P sovereign rating approach consists of analyzing in a forward-looking manner a range of qualitative and quantitative factors to assess the political, economic, external, fiscal and monetary aspects of sovereign creditworthiness.
Informal work, or evidence of the state’s incompetence
The problem is that the informal field is theoretical and is difficult to define. “The informal sector encompasses all employment activity that is executed with out registration, accounting, or paying taxes or dues. Such activity is beyond the state’s control and regulation.
The IMF Endorses The Arab Spring With Further Economic Assistance to Tunisia
IMF managing director, Christine Lagarde, met with Tunisian businessmen and journalists on her second day of her first visit to the Middle East, in Tunisia. Lagarde, stressed during the press conference that she held the importance of the security situation to help maintain a stable economy in the country. “Security and stability are determining factors to boost investments,” she said.
Tunisia’s protest wave: where it comes from and what it means
January traditionally has been Tunisia’s month for political drama — a general strike in January 1978; a Libyan-supported insurrection in […]
Tunisia: EU incentives contributing to new repression
Ben Ali’s regime competes with its homologues in Libya and Syria for the doubtful honor of being the most repressive […]
Democracy and EU Association in Ben Ali’s Tunisia: Where to?
Tunis, like other Maghribi capitals, seems to recede further into oblivion. Political excitement when Narcissist Gaddafi is holding his tongue […]
Tunisian farmers say bank stole their land
Residents and farmers rally in front of the regional government house in Sidi Bouzid. A group of Tunisian farmers is […]
The Maghreb and the Global Economic Crisis: When Does the Tunnel End?
Due to capital flows restrictions, shallow financial markets and conservative exchange rate policies, the Maghreb—Morocco, Algeria, and Tunisia—escaped the first wave of the global crisis, unlike most developing regions. However, it has been severely affected by dramatic falls in commodity prices, world trade, remittances, […]
Tunisia: Behind Tunisia’s ‘Economic Miracle’: Inequality and criminalization of protest
Tunisia’s ‘economic miracle’ has not benefited all, nor has it been matched by greater enjoyment of human rights. This was […]
Historic Growth Trend of Tunisia’s Economy, 1962 – 2007
Since the 60s Tunisia economic performance has been following a relatively growing trend. The strong human capital base, as well […]
Tunisie : “l’homme d’affaires” Imed Trabelsi ou “la vérité si je mens”
J’avoue que je ne souhaitais pas trop m’étaler sur ma malencontre, parce que la Justice va avoir à se prononcer […]