Tunisia Analysis: The Rise of an Economic and Political Crisis (Sadiki)

Photo: Agence France PresseLike many developing states, Tunisia jumped onto the "Washington consensus" bandwagon, which led to fiscal, political and social adjustments.

This led to a decrease in subsidies, privatisation, poor convertibility of the dinar, vast land sales with foreign ownership of real estate, tourist resort leasing, nouveaux riches consumption patterns, big business commissions, business monopolies and corruption.

Inevitably, the clouds gathering over the skies of Tunisia’s winter of discontent have started  the tell-tale signs of a deluge of ills symptomatic of a quasi-"banana republic".

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