The recent crises concerning food and finances highlight the extreme fragility of the MENA countries and question the sustainability of the development processes. The economic and social impacts of these crises on the economies of the MENA region signal the magnitude of the challenges facing the...

This study analyses the effects of financial openness on productive efficiency and technology catch-up in four countries in the Mediterranean Basin (Algeria, Egypt, Morocco and Tunisia) as compared to the situation about the same in a group of developed countries (France, Germany, Japan, and the...

The purpose of this paper is to study the determinants of the inefficient functioning of the Tunisian labour market. The study takes advantage of the recent development in the stochastic frontier techniques and estimates, the matching function for Tunisia using disaggregated data. We include...

Studying the impact of economic growth on the environment in the context of developing countries has become of increasing economic importance in recent years. Alarming international reports showed that pollutants emissions are growing at their highest level ever, particularly in the South. This...

This paper investigates whether the exchange rate pass-through (ERPT) to CPI inflation is a nonlinear phenomenon for five heavily indebted euro area (EA) countries, namely the so-called GIIPS group (Greece, Ireland, Italy, Portugal, and Spain). Using logistic smooth transition models, we explore...