#2307. Tunisia after the 20XXs revolution: Economic deterioration should, and could have been avoided

September 2026publication date
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Journal’s subject area:
Economics and Econometrics;
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Abstract:
The objective of this paper is to provide the policy makers with quantitative arguments showing the importance to undertake the macroeconomic stabilization and the structural reforms that improve the total factor productivity, one of the main engines of a sustained economic growth. To that end, the paper employs a financial dynamic general equilibrium model calibrated using six flow-of-funds accounts representing the Tunisian economy in 20XX. The results show that the economy could perform much better, in relation to a battery of macroeconomic indicators (economic growth, unemployment, public external and domestic debts, current account, fiscal balance) under alternative economic policies.
Keywords:
Counterfactual scenarios; Financial CGE model; Macroeconomic performance; Revolution

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