Traditionally dominated by textiles, the industrial sector is increasingly attracting investment in higher-value segments such as pharmaceuticals, electronics, automotive and aeronautics as a result of a skilled and competitively salaried workforce. Despite the sector’s strengths, however, progress stagnated following the 2011 revolution. In view of revitalising the broader economy, the 2019-...
Tunisia Industry
Chapter | Industry & Retail from The Report: Tunisia 2019
Tunisia has successfully navigated the difficulties of the post-revolutionary period by capably establishing robust democratic institutions. However, the country faces macroeconomic challenges since the 2011 revolution. Budgetary pressures, combined with a devaluation of the dinar and a rise in the level of business informality, have made the current environment a complex one.
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As of April 8, Tunisia had recorded 628 confirmed cases of Covid-19 and 24 deaths, out of a global count of 1.5m infections and 88,000 fatalities.
Interviews & Viewpoints | Hosni Boufaden, President, Tunisian Federation of Textiles and Clothing: Interview from The Report: Tunisia 2019
In what ways will the textile growth and competitiveness pact support the sector’s recovery?
Articles & Analysis | Tunisia's government turns to the textiles sector to boost rural employment and drive economic change from The Report: Tunisia 2019
Textiles were once the crown jewel of Tunisia’s industrial environment, representing 50% of employment and earnings. However, increased competition from abroad and domestic instability following the 2011 revolution saw 400 companies close down and 40,000 jobs lost since 2007. Given the industry’s record of job creation outside the capital and...
Articles & Analysis | Tunisia's e-commerce and retail sector set to expand with technological developments and growing support for franchisees from The Report: Tunisia 2019
Low consumer confidence coupled with inflation and compromised purchasing power on the back of a weak dinar have characterised Tunisia’s retail sector in recent years. Nonetheless, distribution networks continue to improve and expand, while the presence of global brands and franchises is on the rise.
Articles & Analysis | Online retail shopping set to expand in emerging markets from The Report: Tunisia 2019
While e-commerce has become well established in more developed markets, the segment has been slower to take off in emerging economies. Online purchasing has been held down in these markets by financing, purchasing and logistics challenges. Nevertheless, online sales are growing rapidly in many developing countries in spite of these obstacles....
Articles & Analysis | Economies worldwide prepare for the next industrial revolution from The Report: Tunisia 2019
The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are bringing emerging markets improved productivity, as well as risks – namely, reshoring and the displacement of human labour by...