Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Tunisians aim to advance economy  Join our daily free Newsletter

MENAFN - Arab News - 13/02/2012

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093482699 Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093482699 Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN - Arab News) A year after the fall of the previous regime Tunisia is undergoing an unprecedented political transformation. A transition government has led the country to the successful election of a constituent assembly. A new government has already been appointed, marking the second phase of the transition process focused on drafting the constitution and reforming the economy.

However, the only way this momentum will continue is if those in power are willing to include all national stakeholders in tackling the nation's challenges.

While these major political developments are taking place, the reality of growing economic problems and social instability is of increasing concern. Recent news about the economy is worrying not only politicians but also the Tunisian public in general.

The Central Bank announced a growth rate of zero for 2011 (down from an average of about 4 percent in recent years), more than 80 international companies have left the country and investment has declined significantly.

These big picture economic realities translate into unprecedented unemployment figures, affecting one million individuals " around 20 percent of those eligible to work. This has resulted in greater numbers of Tunisians living in poverty.

As a result, several demonstrations and sit-ins have been organised by the unemployed, especially university graduates. These demonstrations sometimes result in factories closing, which leads to product shortages. Employment was thus put at the forefront of the debate during election campaigning, with every candidate putting forth proposals to tackle the country's economic downturn.

It falls on the shoulders of the newly elected government to fulfil the promises they made and pull the country out of this downward spiral.

The new government is led by Al Nahda, an Islamic party which won 40 percent of the vote in the fall elections and formed a coalition with two secular parties. In Tunisia's pluralist system, other parties that won a percentage of the vote are also represented in its Constituent Assembly.

During the elections, many parties promised quick fixes and somewhat unrealistic solutions to economic problems. However, the problems of the Tunisian economy are mainly structural and need to be addressed at this fundamental level. This means strengthening the country's industries so that they can employ more qualified people, improving infrastructure in underdeveloped regions to attract foreign direct investment, reforming the tourism sector to shift the image of Tunisia away from a "low budget destination" and developing a national strategy for the agricultural sector.

Improving Tunisia's economy should not be a partisan issue.

All national stakeholders - as well as international organizations, like the African Development Bank, the World Bank and the European Union - should be consulted and participate in this tremendous effort.It lands on the governing coalition to invite key stakeholders to actively engage in the reform process. No successful effort can be undertaken without the participation of the large and influential Tunisian General Labour Union, the Tunisian Union of Industry, Commerce and Handicrafts and the various associations for tourism, agriculture, engineering and banking - to name a few.

Many of these national groups, however, are at odds with Al Nahda's approach of politicizing economic reform. Al Nahda should therefore begin dialogues with them to collaboratively solve economic problems, which will allow leaders to develop solutions. Similarly, these stakeholders must be willing to engage with Al Nahda.

Because the current government will be in charge for only 12 to 18 months ­­- which is roughly the time it will take to develop a new constitution - their best chance for success in improving the economy is through inclusion. This means bringing together the key players in Tunisia - state economic structures, political parties, trade associations, unions, civil society, universities and academia - with traditional international partners for a participatory approach to solving this crucial challenge.

Engaging all of these partners will be possible only if the new decision-makers in government decide to take an inclusive approach and build on the massive democratic momentum that Tunisia now enjoys.

- Amine Ghali is the program director of Al Kawakibi Democracy Transition Center (KADEM). He writes for the Common Ground News Service.

 






  MENA News Headlines
May 20 2013Jeddah to welcome Saudi Arabia's first One&Only Resort ,MENAFN
(MENAFN) Kerzner International Hotels Limited CEO, Alan Leibman, stated that the luxury resort operator will develop Saudi Arabia's first One&Only Resort, reported Arabian Business. Leibman added ...

May 20 2013Algeria to set up first nuclear power plant in 2025 ,MENAFN
(MENAFN) The Algerian Minister of Energy and Mines, Yousef Yousfi, stated that in order to meet growing demand for electricity, the North African country will establish its first nuclear power plant ...

May 20 2013Qatar's Qrail awards USD2b Doha Metro's Red Line design contract: Report ,MENAFN
(MENAFN) Qatar Railways Company (Qrail) has granted the USD2-billion design contract for the Red Line North of Doha Metro to a consortium led by Italy's construction firm Impregilo, reported Arabian ...

May 20 2013UAE's 2012 economic growth at 4.4% ,MENAFN
(MENAFN) The UAE's National Bureau of Statistics announced that the country's economy grew to 4.4 percent in 2012 in inflation-adjusted terms, reported Arabian Business. According to the bureau, ...

May 20 2013Saudi and Philippine Labor Ministries Sign Accord To Regulate Recruitment of House-Workers ,Saudi Press Agency
(MENAFN - Saudi Press Agency) Deputy Minister of Labour Mufarrej bin Saad Al-Haqbani and Philippine Labor Secretary Rosalinda Baldoz signed in Jeddah today a bilateral framework agreement to regulate ...

May 20 2013UAE- Verdict in torture case on June 9 ,Khaleej Times
(MENAFN - Khaleej Times) The man sentenced to death for torturing his eight-year-old daughter to death has claimed in the Court of Appeal that his ex-wife cast a spell on him, which caused the demise ...

May 20 2013170 illegal residents arrested in Sharjah ,Khaleej Times
(MENAFN - Khaleej Times)  As many as 170 people of different nationalities have been rounded up by Ministry of Interior policemen in Sharjah for breaching residency laws. Those arrested, ...

May 20 2013UAE- Dh267m roads expansion project to begin soon ,Khaleej Times
(MENAFN - Khaleej Times)  Work on a Dh267.5 million roads project will begin on an 80 kilometre two-lane highway that links Abu Dhabi's third largest city with the Western Region, the Department ...

May 20 2013UAE- Man dies after car overturns in RAK ,Khaleej Times
(MENAFN - Khaleej Times)  An Emirati man died early on Sunday morning after the car he was travelling in overturned several times on the Wadi Ghalila Road in northern Ras Al Khaimah. According to ...

May 20 2013Flat, cars gutted in Sharjah ,Khaleej Times
(MENAFN - Khaleej Times) A fire erupted in a residential building in Sharjah early on Sunday morning destroyed a flat and three cars, which erupted at a residential building in Sharjah early on ...

more...


 
MENAFN






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help