What is the role of the private sector in Tunisia.
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Tunisia features an incredibly educated as well as talented human capital. Unfortunately, the bright talents can’t leave the country fast enough, which is more than indicative of the dire situation the Tunisian private sector has always found itself in. Meritocracy isn’t a concept to be easily aligned with the prevalent political mentality in Tunisia. Add to this a highly corrupt — scrap this and read stiflingly and suffocatingly corrupt bureaucracy and political elite and the recipe for a basket case economy are as good as completely concocted. There are very good reasons, why the unemployment rate is perilously high in Tunisia and why the middle class has virtually been pulverized by the conflagration of conspiring forces such as a global financial crisis and a housemade revolution, which changed the names of the politicians in power, but left the exploitative and predatory institutions in place, enriching the few and leaving everyone else behind. All over the international press articles abound in praises of the democratic miracle, that was brought about by the Arab Spring, which by way of the Jasmin Revolution embarked from Tunisia as a starting point on its mayhem across most of the Middle East. Ironically, however, democracy can’t be sustained without a functioning underlying capitalistic system. China being example, a communist over-arching political bureaucracy standing on the shoulders of turbo-capitalism is sufficiently efficient to forge ahead and challenge the superpower of lore — at least economically. The predicament of Tunisia consists precisely in the lack of even the slightest semblance of capitalism. This won’t change, too, unless the old exploitative and predatory institutions aren’t razed to the ground and replaced by a lightweight footprint of the Tunisian government in matters touching on the economy. Unfortunately, the policy moves in Tunisia can’t be construed to be progressing towards this goal. Rather than tearing down all the governmental regulations crippling the Tunisian private sector, politicians are at their beloved game all over again, proposing all sorts of weird pieces of legislation, which have absolutely nothing to do with economic measures. The private sector doesn’t play a significant role in Tunisia. The brain drain is the best evidence condemning Tunisia to keep on a self-destructive path, which gives precedence to politics over economics and therein lies the fatal flaw making Tunisia bleed desperately needed talent out of 1,000 self-inflicted wounds. Given the current political climate and incompetence — which has always pervaded Tunisia in the last few decades — the private sector is in the grips of its old companion, namely the quicksand of bureaucracy, corruption, nepotism and all the other anti-capitalistic vices any country can commit. Given the human capital, potential and talent Tunisia is so rich in, the country is unpardonably backward and in my humble opinion, Tunisia can only be rescued from certain decline and fall by the concept of neo-colonialism as advocated and championed by Paul Romer.
The private sector in Tunisia plays a significant role in the country's economy. It includes privately owned companies and businesses that are not controlled by the government. The private sector contributes to economic growth, job creation, and innovation.
To understand the specific role of the private sector in Tunisia, you can follow these steps:
1. Start by searching for reliable sources of information on Tunisia's economy. Some examples include government publications, international organizations like the World Bank, or reputable news outlets. These sources often provide insights into the private sector's contribution to the economy.
2. Look for data on the private sector's share in Tunisia's GDP (Gross Domestic Product). GDP measures the total value of goods and services produced in a country. The private sector's contribution to GDP can indicate its economic significance.
3. Explore the sectors in which the private sector is most involved. In Tunisia, industries such as manufacturing, services (including finance, tourism, and telecommunications), and agriculture are areas where private companies often play a vital role. Understanding the specific sectors can give you a better idea of their impact.
4. Analyze the contribution of the private sector to job creation. Look for statistics on the number of people employed by private companies compared to the public sector (government-owned businesses and institutions). This information will help you understand the private sector's role in providing employment opportunities.
5. Examine the government's policies and regulations related to the private sector. For instance, Tunisia has implemented reforms to encourage private investment, reduce bureaucracy, and promote entrepreneurship. Understanding these policies can provide insights into the government's support for the private sector.
By following these steps and conducting proper research, you will be able to gather comprehensive information about the role of the private sector in Tunisia's economy.