The Economic Monitor examines four possible factors behind Tunisia's slow recovery. First, the drop in mobility related to the pandemic may have been more harmful in Tunisia. However, mobility in Tunisia has dropped to a similar extent as other countries and it has now returned to pre-pandemic...

State-owned enterprises (SOEs) are both the economic and political bases of the Chinese Communist Party (the Party) and the Chinese state. The overarching principle of SOE reform is to firmly implement the Party’s leadership and the modern enterprise system. This principle creates a political...

Australia’s merger control regime recently returned to spotlight following recent statements by Chair of Australia’s Competition and Consumer Commission (ACCC), Rod Sims, that Australia’s current merger laws are ‘failing to adequately protect competition’. This note provides an...

China has been a dual system country for a particularly long cycle, and its system transition is characterized by different stages, sequences, and incremental reforms. The analysis of China’s economy requires not only the innovation of new structural development economics but also the analytic...

The market-oriented reforms boost economic take-off in China, but the lag of the factor market still leads to many disadvantages where the factor market distortion is a stylized fact. There is rarely direct evidence showing whether market-oriented reform can spur industrial green development...