Economy

At the recent Annual Meeting of the Global Future Councils in Dubai (15-17 October), a thought-provoking session titled “Skills in the Age of AI” brought together international experts to examine how artificial intelligence will impact the future of work and education. The discussions highlighted an impending transformation, with AI poised to reshape and redefine the skills landscape over the next decade. Here, we explore some key ideas from the session and the essential skills need ...

This blog was originaly published on orfonline.org.   The maritime industry is the lifeblood of global trade, with ships carrying over 90 percent of all merchandise trade, and the global logistics market accounting for 8-12 percent of global gross domestic product (GDP). The smooth functioning of maritime trade and supply chain logistics is integral to economic development and critical to food security and the distribution of essential supplies. In fact, the COVID-19 pandemic has ...

This blog was originally published in the book Urban Sustainable Development: Governance, Finance, and Politics, a collaborative effort by the Brazilian Center for International Relations (CEBRI) and the Rio de Janeiro City Hall. The Policy Center for the New South has contributed as a Knowledge Partner to this work.   I belong to a city that has been evolving positively for 20 years. Rabat has one of the world’s highest rates of green space per square meter per capita. This focus ...

This paper was originally published on springer.com Wage subsidy policies’ impact on access to the first job is crucial for workers; however, their influence on job quality holds greater significance for society as a whole. This paper evaluates the impact of the “IDMAJ” wage subsidy program on job quality, extending beyond the traditional focus solely on job placement. Utilizing the complete database from the IDMAJ program survey conducted by the Ministry of Employment, this study ...

At the COP29 climate summit that began on November 11, 2024, in Baku, Azerbaijan, one of the main focuses is Article 6 of the Paris Agreement. Article 6, introduced at COP21 in 2015 and shaped through years of negotiation, enables countries to meet climate targets collaboratively, either through carbon markets or non-market strategies. This section of the Paris Agreement has the potential to unlock significant climate finance, cut the cost of reducing emissions, and foster cooperati ...

This paper was originally published on thebrenthurstfoundation.org   Situated at the northwest borders of the continent, between the Atlantic Ocean and the Mediterranean Sea, Morocco has established itself as a stable and dynamic economy and a gateway to Africa. A part of the Maghreb and Arab world, the country has for many decades embraced a policy of economic and financial openness, aiming to integrate its economy into global markets. According to the United Nations Conference o ...

This study quantifies the contributions of Brazil’s blue economy and explores the economic interdependence between coastal and hinterland regions through interregional linkages. Employing a multi-level approach, we analyze municipality and state-level data on oceanrelated activities. Using an interstate input-output model, we estimate the value chains of the blue economy, offering a deeper understanding of its systemic impacts. This study addresses gaps in national, regional, and lo ...

Using panel data from a large group of developing economies and a Generalized Method of Moments (GMM) estimator, we examine the effects of trade and other factors on female labor-force participation and wage employment. We focus particularly on comparing the effects of trade openness in the Middle East and North Africa (MENA) region with Latin America and the Caribbean (LAC) and sub-Saharan Africa (SSA). The empirical results indicate that trade openness affects female labor-force p ...

Ding, dang, dong… Vous avez certainement entendu sonner le carillon. C’est la rentrée. Ou les rentrées. Elles s’étalent sur quasiment deux mois tant la reprise est plurielle et concerne des acteurs ou des agents multiples. La rentrée des élèves, tout d’abord. À la mi-septembre déjà, ils ont enlevé le sable de leurs chaussettes, rangé leurs nouvelles fournitures scolaires. Mais pas seulement, celle des parents aussi : septembre est le mois de toutes les dépenses :  les frais scolaire ...

This paper was originally published on cambridge.org   This paper explores the (de-)routinisation of employment structure in developing countries, through the case of Morocco. We investigate employment (de-)routinisation from an often-overlooked perspective, aiming to elucidate the interplay between the dynamics of occupational employment composition by the level of routine tasks intensity and two structural aspects: premature deindustrialisation and the prevalence of informal lab ...

The digital revolution is bringing about a dramatic shift in power, from labor to capital. We assess what the impact of this transformation might be on land as a factor of production. The digital revolution is not happening in a historical vacuum. It unfolds within a framework of confrontation or collusion between market forces and government forces. Depending on the market power that companies can exercise, the digital transition will have different impacts on income distributions ...

Depuis que l’économie a été reconnue par les Nobel, en 1969, c’est à elle que revient de clore la semaine des cérémonies consacrées à la remise des prix. C’est ainsi que le 14 octobre 2024 trois hommes ont été nominés par l’Académie suédoise : un économiste turco-américain, Daron Acemoglu (MIT), un économiste britannique Simon Johnson (MIT) et un économiste américain James A.Robinson de l’Université de Chicago. Trois lauréats qui travaillent dans des universités américaines reconnue ...

The road to decarbonizing the planet runs through the energy transition, which includes the shift from fossil-fueled cars to renewable energy vehicles. This automotive transition is unfolding as a true revolution in the industry. The evolution toward electric and hybrid vehicles has come in tandem with the ascent of Chinese producers. In the current context of geopolitical and technological rivalries, the automotive transition has been marked by an intense trade war, with implicati ...

In an era marked by shifting global dynamics, Africa and the Middle East are experiencing a profound transition from traditional geopolitics to a more nuanced geoeconomic framework. This evolution reflects the growing recognition that economic interests, rather than mere political allegiances, are driving international relations in these regions. The rise of emerging powers, particularly China and other Asian nations, has challenged the long-standing dominance of Western economies, ...

Ce rapport explore en profondeur le rôle stratégique de la formation professionnelle au Maroc dans le contexte de l’éducation nationale et du développement socio-économique. Il examine les missions et les objectifs du département de la Formation professionnelle (DFP), en mettant l’accent sur l’alignement des compétences individuelles avec les besoins dynamiques du marché du travail. À travers une analyse détaillée, le rapport décrit l’organisation du système de formatio ...

La nouvelle était largement attendue : mercredi 18 septembre 2024, et pour la première fois depuis 2020, la Réserve fédérale américaine (Fed) a diminué ses taux directeurs, les portant ainsi à 4,75 % et 5 %, soit une baisse significative de 50 points de base. En repli quasi-constant depuis juin 2022 où elle avait atteint une valeur record de 9,2 % en base annuelle, l’inflation américaine est désormais sous contrôle, tandis que les récentes statistiques du marché de l’emploi du pays ...

This paper examines the implications of the U.S.-China trade war for developing countries, particularly in light of the 2024 U.S. presidential election. The study traces the origins and escalation of the trade conflict, analyzing its multiple impacts on global trade patterns and economic growth. While some developing countries have benefited from trade diversion and supply-chain shifts, others, especially resource-exporting nations and the least-developed countries, have faced signi ...

This paper was originally published on t20brasil.org   The developing world is once again facing unsustainable sovereign debt levels that threaten to erase several years of progress on development agendas. The COVID-19 pandemic, Russia-Ukraine war, and high interest rates are the latest in a series of events that have contributed to the recent build-up of debt and raised the cost of debt financing for developing countries. The G20’s Common Framework (CF) for debt treatments is a w ...

This Paper was originally published on emerald.com   Purpose Young graduates in Morocco are encountering an increasingly challenging labor market environment. Confronted with intense competition, job insecurity, and unclear career trajectories, many find themselves in low-skilled positions despite possessing relevant qualifications. This issue is particularly pronounced among vocational training graduates, who experience professional downgrading at a rate three times higher (33.6 ...