• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Chapter | Economy from The Report: Tunisia 2016

One of the most developed and diversified economies in the region, Tunisia has for years attracted praise for relatively prudent management. However, the country has suffered from reduced growth following the 2011 revolution, which in turn has exacerbated a number of structural problems. A pair of terrorist incidents in 2015 further complicated the situation, dampening the performance of the...

Chapter | Country Profile from The Report: Tunisia 2016

The land now known as Tunisia has a rich and distinguished history. It has been ruled over by Berbers, Phoenicians, Romans and Arab dynasties. Modern Tunisia, and the country’s name itself, came into being when the region was a French protectorate in the late nineteenth century. Tunisia gained full independence in 1956. Two presidents, Habib Bourgiba and Zine El Abidine Ben Ali, dominated much...

Tunisia has been going through a watershed period in its modern history, with the revolution of 2011 bringing much-needed change and reform. While the country has avoided much of the instability of the wider region, it has nonetheless undergone a spell of turbulence, testing the country’s newly found democratic bonds.

 

Thailand has seen phenomenal growth in its manufacturing industry over the last few decades, with the country establishing itself as a major base for both domestic and international industrial players.

 

In May 2006, Kofi Annan, then secretary-general of the UN, travelled to Thailand to present King Bhumibol Adulyadej with the first-ever UN Human Development Lifetime Achievement Award. During his presentation of this great honour, the secretary-general praised not only the king’s “extraordinary contribution” to human development, but also what...

 

The Sufficiency Economy Philosophy is simple at its core but must be dissected. According to King Bhumibol Adulyadej of Thailand, we have to ensure that we interpret “philosophy” as truth and knowledge. “Sufficiency” is not self-sufficiency, but rather means prudence and a middle way of living, doing business and managing oneself. As for “...

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