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...

The Middle East and North Africa (MENA) region is particularly vulnerable to climate change. The severity of climate-change impacts is related to the geographic and ecological particularity of the region. The majority of countries in the MENA region belong to the hydraulic poor regions located...

This paper provides a synthesis of the country cases in the Middle East and North Africa: Oman, Bahrain, Tunisia, and the United Arab Emirates. Although these countries differ in terms of resource endowments and economic evolution, they share common aspects of successful development. This...

The impact of climate change on agriculture and poor groups' livelihoods are one of the greatest potential threats to development and a key challenge in climate change agenda. The North Africa region is particularly vulnerable to climate change due to geographic and ecological features. The...

The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (1999, 2004) and generalized by Banerjee and Carrion-i-Silvestre (2006) to examine the robustness of the PPP concept for a sample of 80 developed and developing countries. We find that strong...

The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (1999, 2004) and generalized by Banerjee and Carrion-i-Silvestre (2006) to examine the robustness of the PPP concept for a sample of 80 developed and developing countries. We find that strong...

In this paper we address the two following questions: (1) what are the major sources of real exchange rate fluctuations in developing countries? (2) do economic policy makers have room to face possible real exchange rate fluctuations? To answer these questions, we estimate a structural VAR model...