Africafé: Evolving economic trends and the impact on African economies

September 29, 2022

In this episode, Otaviano Canuto talks about a perfect storm coming towards African economies. With inflation soaring and global uncertainty looming from a world economic perspective, Otaviano Canuto shares his thoughts on the crisis and his recommendations to mitigate the adverse effects of the crisis on the African continent.
 

Speakers
Otaviano Canuto
Senior Fellow
Senior Fellow at the Policy Center for the New South, principal at Center for Macroeconomics and Development and non-resident fellow at Brookings Institute. Former Vice President and Executive Director at the World Bank, Executive Director at the International Monetary Fund (IMF) and Vice President at the Inter-American Development Bank. He was also Deputy Minister for international affairs at Brazil’s Ministry of Finance, as well as professor of economics at University of São Paulo (USP) and University of Campinas (UNICAMP). ...
Youssef Tobi
International Relations Specialist
Tobi Youssef has joined the Policy Center for the New South in 2017. He is currently working on Politics and Governance in the Maghreb Region; his areas of expertise are geopolitics, political risk and nation building. Youssef Tobi obtained a Master Degree at Sciences Po Lyon  where he wrote two thesis on “ the role of Moroccan Bank in Africa, a non-state actor in service of the Diplomacy”  and the“ Chasm between the mediatic and associative representation of refugees : a case study”.  Prior to working at the Think tank, Tobi Youssef participated in a Social Entrepreneurship Project in Beirut, Lebanon and conducted an internship in a NGO based in Marseille where he assisted refugees and helped raise funds. ...

RELATED CONTENT

  • From

    15
    5:30 pm March 2022
    تشكّل الأزمة الروسية الاوكرانية تحديا جيوسياياً غير مسبوق في القارّة الأوروبيّة منذ الحرب العالمية الثانية. فقد تسبّبت في أكبر نزوح في أوروبا منذ 1945، حيث بلغ عدد النازحين الأوكرانيين الذين هربوا من بلادهم مليوني ونصف نسمة. موازاتاً مع ذلك، عادت الى الواجهة مواضيع كثيرة، نذكر منها امكانية الاصطدام المسلّح بين روسيا وحلف شمال الاطلسي، والحرب النووية. الّا أن انعكاسات الحرب لا تقتصر على اوروبا والغرب، بل تأثّر سلباً على الاقتصاد الدولي ودول الجنوب، وتهدّد الامن الغذائي في دول كثيرة، خاصة في المنطقة العربية وفي افريقيا ولفهم هذه الازمة بمختلف أبعادها ووضعها في سياقاتها النظرية والتاريخية والأمنية ومناقشة تأثيراتها الحاليّة أو المتوقَّعة في المدى القريب، ينظّم مركز السياسات من أجل الجنوب الجديد حلقة خاصّة من برنامج حديث الثلاثاء ستركّز على الأحداث الجارية في اوكرانيا وستطرح فرضي ...
  • Authors
    March 15, 2022
    The war in Ukraine is bringing substantial financial, commodity price, and supply chain shocks to the global economy. Sanctions on Russia are already having a significant impact on its financial system and its economy. Price shocks will have a global impact. Energy and commodity prices—including wheat and other grains—have risen, intensifying inflationary pressures from supply chain disruptions and the recovery from the pandemic. The push toward relative deglobalization received fro ...
  • March 15, 2022
    تشكّل الأزمة الروسية الاوكرانية تحديا جيوسياياً غير مسبوق في القارّة الأوروبيّة منذ الحرب العالمية الثانية. فقد تسبّبت في أكبر نزوح في أوروبا منذ 1945، حيث بلغ عدد النازحين الأوكرانيين الذين هربوا من بلادهم مليوني ونصف نسمة. موازاتاً مع ذلك، عادت الى الواجهة مواضيع كثيرة، نذكر منها امكا...
  • Authors
    March 14, 2022
    Ce Policy Paper explore les enjeux de la maritimisation du monde et les opportunités qui se présentent au Maroc et les menaces auxquelles le Royaume fait face sur sa façade atlantique. Nous nous appuyons sur les opportunités que représentent la côte Atlantique pour le Maroc et, plus globalement, pour le continent africain, tant au niveau du commerce de biens et de marchandises qu’aux niveaux logistique et portuaire. Enfin, ce Papier insiste sur l’importance de la jonction entr ...
  • Authors
    Dominique Lecompte
    Thierry Vircoulon
    March 14, 2022
    Although it has largely gone unnoticed in France, the agreement signed on December 3, 2020 between the European Union (EU) and the Organisation of African, Caribbean and Pacific States (ACP) is a major shift in the long-standing relations between the EU and countries in the Global South. The EU established a development assistance policy as early as the Treaty of Rome in 1957, signed the first cooperation agreement in 1963, and nowadays is often the largest donor to these countries, ...
  • Authors
    March 11, 2022
    As of March 3, 2022, one week into the Russian invasion, over 1 million refugees (2.3% of the Ukrainian population) have fled Ukraine to neighboring European countries, notably Poland, as well as Hungary, Moldova, and Slovakia[1].  While the sheer flow of refugees is poised to generate the largest migration crisis in Europe since World War II, the response of European countries is substantially different from the one caused by the Syrian refugee crisis of 2015 - 1 million refugees i ...
  • March 11, 2022
    L'opération militaire lancée le 24 février 2022 par les forces armées russes à l'intérieur du territoire de l’Ukraine a pour objectif déclaré d'empêcher l’Organisation du Traité de l’Atlantique Nord (OTAN) de se rapprocher de l”étranger proche” russe et de changer le régime à Kiev. Cette guerre, déclenchée par un membre permanent du Conseil de sécurité, a été menée en violation des principes cardinaux de la Charte des Nations unies. Elle a mis le monde au bord d’ ...
  • Authors
    March 11, 2022
    The pros and the cons of regional market integration are well exemplified by the experience of Uruguay, a small, open economy in MERCOSUR, which is a highly protectionist trade bloc, dominated by Argentina and Brazil. With access to such large markets, Uruguay did raise its growth rate during the first decade of MERCOSUR, the 1990s. However, market integration as implemented in MERCOSUR was also problematic in that Uruguay suffered from the high protectionism of Argentina in the for ...
  • March 10, 2022
    Africafé est une émission du Policy Center for the New South qui décrypte l’actualité des organisations africaines et de l’Afrique. A travers de courtes interviews, l’émission tente de proposer d’aborder de manière pédagogique les enjeux des organisations africaines et l’actualité du co...