Brazil and South Korea: Two Tales Of a Middle-Income Trap

The coronavirus epidemic is weakening even further the economies of the Gulf of Guinea, which have already been particularly undermined by an oil sector that has been in crisis for several years. The rapid fall in oil prices will once again put a strain on systems that fail to reinvent and diversify themselves in order to protect themselves from the shortcomings often seen in windfall economies. In addition to the economic impact, it is likely to see the potential security and polit ...

La crise du Covid-19 a fortement entravé les négociations d'un accord de libre-échange entre le Royaume-Uni et l'Union européenne (UE). Étant condamnée à des obstacles, à la fois temporels et politiques, la perspective de parvenir à un accord avant le départ prévu du Royaume-Uni du marché unique de l'UE le 31 décembre 2020, semble de plus en plus compliquée. Londres et Bruxelles devraient considérer une sortie du Royaume- Uni sans accord comme une conclusion indésirable des négociat ...

Morocco is today cited as an example for its dynamism, its leadership, under the impetus of His Majesty King Mohammed VI, and, above all, its coherence in decision-making and the involvement of the population, through the Covid-19 Special Fund and the media to maintain public confidence. Indeed, the safety of the Moroccans was given priority over all other considerations, which made it possible to speed up the handling of the events and to supervise the management of the contaminate ...

Confronted with surging unemployment and miles long lines at food banks across the United States, most states have begun reopening the economy. Many of these states are seeing rising numbers of new cases and face a real risk of relapsing into an uncontrolled pandemic. To avoid this outcome, they must adopt a strategy that entails testing, tracing, and isolation of the infected, with priority given to groups and places where the medical impact – reducing infections and saving lives – ...

Data recently released on the first-quarter global domestic product (GDP) performance of major economies have showed how significant the impact of COVID-19 has been on economic activity and jobs, with large contractions across the board. The ongoing global recession is poised to be worse than the “great recession” after the 2008-09 global financial crisis, especially from the standpoint of emerging market and developing economies. The depth and speed of the GDP decline will rival th ...

An examination, inevitably bound to be broad in scope, of the economic and social implications for a country, in this case Morocco, of a sudden pandemic that has broken out in virtually most parts of the world, can only be a prelude to a broader and more comprehensive study to be undertaken in due course. For obvious reasons, especially as the current crisis induced by the primacy of health, could later evolve into a form of economic depression as various multifaceted aid and suppor ...

Un examen, nécessairement à grands traits, des incidences économiques et sociales pour un pays, en l’occurrence le Maroc, d’une soudaine pandémie qui s’est déclarée sur presque la plupart des régions de la planète, ne peut être qu’un simple prélude d’une large étude exhaustive à entreprendre le moment venu. Et ce pour des raisons évidentes, à savoir que la crise en cours induite par le primat du sanitaire, pouvant évoluer, ensuite, en une forme de dépression économique que divers pr ...

The labour market is being hit hard by the consequences of the damage caused by the novel Coronavirus. Out of the 3.3 billion employed working people in the world, more than 4 out of 5 are affected by the total or partial closure of workplaces, according to the International Labour Organization (ILO). In this paper, we will examine, in detail, the situation of the global labour market in the context of the crisis, before discussing the major changes expected in the world of work and ...