"The Chinese economy appears destined for failure, the financial bubble forever in peril of popping, the real estate sector doomed to collapse, the factories fated for bankruptcy. Banks drowning in bad loans. An urban landscape littered with ghost towns of empty property. Industrial zones...

This paper aims to analyze the spillovers between the financial and economic spheres in Tunisia. The results based on GARCH model show that the major economic growth shocks are persistent. Further, BEKK- GARCH model results well illustrate that financial and economic spheres are more or less...