Publication
Nov 2001
Ever since the mid-1980’s, Tunisia has engaged in a program to liberalize gradually its financial and exchange systems by decreasing government intervention in financial institutions and reducing exchange restrictions, controls and quantitative limits on capital transactions. The paper argues that the gradual approach undertaken by Tunisian authorities has enabled them to engage successfully on a road to financial efficiency and avoid the excess volatility that has plagued followers of more rapid approaches to financial deregulation.
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English (PDF, 50 pages, 1.0 MB) |
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Author | Philippe Hall |
Series | LSE International Development Working Papers |
Issue | 19 |
Publisher | LSE Department of International Development (ID) |
Copyright | © 2001 LSE |