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Sunday 25 July 2021
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A new governance to make room for emerging countries

 The chartered accountant Jelil Bouraoui has a 35 years international experience. Prior to founding “Jelel Bouraoui & Co” in 1981, Jelil began his international career with “Coopers & Lybrand” in 1973 in Paris and Toronto. Since 1986 and up to 2002, he represented “Andersen Worldwide Organization” in Tunisia. Since 2003, he represents «Moore Stephens International Ltd”. Interview

Could brief us on Jelil Bouraoui professional activities?

First I am a member of the Board of the Arab Institute of Business Managers (IACE) and the Board of Directors (Board) of the International Federation of Chartered Accountants (IFAC). I am also Director of the Technical Committee of Moore Stephens Europe and member of its European executive committee. In addition, I now hold the post of regional president of Lions Club of Tunisia.

Can we now talk of a recovery in the global economy after the famous crisis?

We can speak of a shallow recovery in the global economy after two years that witnessed the collapse of banking giants and U.S. manufacturers. During this phase of post-crisis, the international community is aware of the need to reform the entire global economic system, hence the need for close cooperation between government and business to regulate the economy.

Can major countries really adopt a strategy of cooperation with business and especially the transnational companies?

That’s what the G20 tried to do. It endeavored to set rules and reach an agreement to revive the global economy, establish rules on financial matters and promote a new governance that would leave more space for emerging countries. But the big problem is that of tax havens. In fact, to act, it is particularly useful to measure the actual place held by tax havens in the birth and expansion of the financial crisis as in the development and deepening of economic and social crises.

What is, in your view, the positioning of the state with a view toward post-crisis?

Nobody doubts that the state is now accompanying recovery plans and is in charge of the reforms that should meet the expectations of different social partners. For this purpose, and in light of this latest global financial crisis, I think this regulation move tasks states with a new role providing a stable and predictable ground to businesses, a thing that many European countries have begun to make sorely

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