Shifting Priorities or Business as Usual? Continuity and Change in the post-2011 IMF and World Bank Engagement with Tunisia, Morocco and Egypt

Following the popular uprisings that erupted across North Africa in 2010 and 2011, international financial institutions have embarked on a significant re-engagement with governments in Morocco, Tunisia and Egypt. New lending arrangements and project initiatives by the World Bank and International Monetary Fund, in particular, have emphasised a supposed turn towards pro-poor policies, social inclusion and public engagement with economic decision-making. This article analyses the content and logic of IMF and World Bank lending to these three countries, examining whether this re-engagement represents a substantive shift away from the neoliberal policies that characterised pre-2011 IFI relationships with the region.