Fix economy in Tunisia, and politics follows



Two years on from the departure of Tunisia's president Zine El Abidine Ben Ali and Tunisians are back on the streets, once again calling for change. Revolution rocked the economy and the government, still in transition, appears to have no real plan for righting it. Jobs are still scarce - although unemployment has dropped slightly from a post-revolution high of 19 per cent to 17 per cent - and clear long-term policies do not yet exist to get Tunisians back to work.

In a sense, Tunisia, of all the Arab Spring countries, should have been the easiest to put back together. It is small and prosperous, has a relatively large middle-class, a well-educated population and clear trade possibilities due to its geographical proximity to Europe. Compared to the challenges faced by Egypt or Yemen, Tunisia should have had a relatively easy ride.

The problem is that the country has needed to accomplish two very difficult things simultaneously. The first is reforming the political landscape, the second is reforming and kick-starting the economy.

On politics, the transitional government, especially Ennahda, the Islamist party that dominates the constituent assembly, has got it mostly right. After their election they moved slowly, unlike Egypt, issuing a draft constitution that the public had months to debate. But precisely because of that deliberate approach, the reform of the economy has stalled. Uncertainty about the country's future has kept investors away. Even domestic investors would rather keep their money abroad than risk an uncertain Tunisia.

The lack of movement on the economy has knock-on effects on politics: because the expectations of Tunisians have not been fulfilled, the door has been left open to more extreme elements. Left-wing unions, right-wing Salafists and remnants of the old regime, have all asserted themselves in the past year, claiming the Islamists and secularists cannot run the country effectively.

Many of these problems might dissipate if people were working. But at present, most wealth and opportunity is disproportionately distributed in the north; in the centre and south, where Tunisia's uprising began, unemployment remains well above 25 per cent. Better distribution of public spending is therefore desperately needed.

The country can grow its way out of its economic malaise, but it needs to convince investors - domestic and foreign - that post-revolution Tunisia is a stable and safe place to do business, where corruption and crony capitalism are woes of the past. On politics, Tunisians can be convinced to be patient. They will be less forgiving on bread and butter issues.

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Results

4pm: Al Bastakiya Listed US$300,000 (Dirt) 1,900m; Winner: Emblem Storm, Oisin Murphy (jockey), Satish Seemar (trainer).

4.35pm: Mahab Al Shimaal Group 3 $350,000 (D) 1,200m; Winner: Wafy, Tadhg O’Shea, Satish Seemar.

5.10pm: Nad Al Sheba Turf Group 3 $350,000 (Turf) 1,200m; Winner: Wildman Jack, Fernando Jara, Doug O’Neill.

5.45pm: Burj Nahaar Group 3 $350,000 (D) 1,600m; Winner: Salute The Soldier, Adrie de Vries, Fawzi Nass.

6.20pm: Jebel Hatta Group 1 $400,000 (T) 1,800m; Winner: Barney Roy, William Buick, Charlie Appleby.

6.55pm: Al Maktoum Challenge Round-3 Group 1 $600,000 (D) 2,000m; Winner: Matterhorn, Mickael Barzalona, Salem bin Ghadayer.

7.30pm: Dubai City Of Gold Group 2 $350,000 (T) 2,410m; Winner: Loxley, Mickael Barzalona, Charlie Appleby.

The specs: 2018 Range Rover Velar R-Dynamic HSE

Price, base / as tested: Dh263,235 / Dh420,000

Engine: 3.0-litre supercharged V6

Power 375hp @ 6,500rpm

Torque: 450Nm @ 3,500rpm

Transmission: Eight-speed automatic

Fuel consumption, combined: 9.4L / 100kms

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
UAE rugby in numbers

5 - Year sponsorship deal between Hesco and Jebel Ali Dragons

700 - Dubai Hurricanes had more than 700 playing members last season between their mini and youth, men's and women's teams

Dh600,000 - Dubai Exiles' budget for pitch and court hire next season, for their rugby, netball and cricket teams

Dh1.8m - Dubai Hurricanes' overall budget for next season

Dh2.8m - Dubai Exiles’ overall budget for next season

Things Heard & Seen

Directed by: Shari Springer Berman, Robert Pulcini

Starring: Amanda Seyfried, James Norton

2/5

Farasan Boat: 128km Away from Anchorage

Director: Mowaffaq Alobaid 

Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani

Rating: 4/5