LA CHUTE DES PRIX DE PETROLE: QUELS IMPACTS POUR L’ECONOMIE TUNISIENNE ?

How falling oil prices impact tunisia’s economy ?

Elwardi Dhaoui

MPRA Paper from University Library of Munich, Germany

Abstract: Oil prices have fallen by about half since September 2014. The Organization of Petroleum Exporting Countries (OPEC) decided not to reduce production. The euro zone, China, Japan and Russia recorded slower rates of economic growth than expected. All combine to keep a sharp decline of oil prices which can be persistent. This new situation has profoundly changed the economic environment of the country. The impact will vary depending on the countries if they are exporters or importers of oil. For Tunisia, this new situation offers the opportunity to reform energy subsidies and accelerate structural reforms to support growth and employment.

Keywords: oil; budget balance; external account; subsidies; growth; employment; Tunisia. (search for similar items in EconPapers)
JEL-codes: E62 F62 F66 J50 Q31 (search for similar items in EconPapers)
Date: 2015-05
New Economics Papers: this item is included in nep-ara, nep-cis, nep-ene and nep-mac
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https://mpra.ub.uni-muenchen.de/87355/1/MPRA_paper_70673.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:70676

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