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| Content Provider | OECD iLibrary |
|---|---|
| Organization | OECD |
| Abstract | THE RECENT DOWNWARD REVISION of the gross domestic product (GDP) growth estimates for 2008 and 2009 suggests that the Tunisian economy will feel the negative effects of the economic crisis that is affecting developed countries, particularly in Europe. The real GDP growth rate fell considerably, from 6.3 per cent in 2007 to an estimated 5.1 per cent in 2008; it is expected to fall again in 2009 (4.1 per cent) and rebound slightly in 2010 (4.2 per cent). In spite of the fall-off in growth, the economy weathered the shocks resulting from rising oil and food prices in 2008. The consumer price index rose by only 5 per cent, mainly as a result of continued subsidies for basic food commodities and fuel. |
| Page Count | 14 |
| Starting Page | 649 |
| Ending Page | 662 |
| Language | English |
| Publisher | OECD Publishing |
| Publisher Date | 2009-07-13 |
| Access Restriction | Open |
| Subject Keyword | Development |
| Content Type | Text |
| Resource Type | Chapter |
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