David Humphreys - The Tale of Commodities : from Super Cycles to Structural Changes

The global economic environment has changed as the U.S.—and to a less confrontational degree, the European Union—have clearly established a context of technological rivalry with China. Hindering China’s progress in the sophistication of semiconductor production has become a centerpiece of current U.S. foreign policy. While the U.S. is clearly winning the semiconductor war, the picture is different when it comes to clean-energy technology. Both technology wars overlap with access to ...

This paper presents a synthetic view of the socioeconomic and environmental impacts of the economic sectors and regions that make up the Moroccan economy, taking into account the current economic structure and production technologies. Therefore, the potential effects must be understood as signals to think about interventions aimed at redirecting the desired trajectories of sustainable development. The application of the tools developed to give scientific support to this analysis rev ...

Known for being a climate change hotspot, Morocco is at the forefront of a climate disaster. Consequences are already being felt, whether in the form of increasing temperature or a downward trend in precipitations, which directly threaten the water security and, by extension, the social-ecological systems of the country. The systems by which food, energy, and water are produced, distributed, and consumed heavily depend on one another. Their implicit feedbacks and links are not linea ...

Using education and elite configurations as the main variables of analysis, this Policy Paper aims to show how higher levels of popular sector incorporation during elite conflicts, namely in the process of formulating and implementing policies related to education reforms, can negatively affect the economic complexity of developing countries. To do so, it analyzes the experiences of Mauritius and Singapore and links foundational political economy theories, particularly developmental ...

As decarbonization is a long-term process and requires significant investments, specific financial and non- financial measures will need to be implemented, both in the short and long term, to facilitate this transition. In Part II of Morocco’s decarbonization pathway Policy Brief series, an update of the decarbonization scenarios was presented. It revealed that the Increased Ambition and Green Development scenarios achieve higher decarbonization targets than current policy. It showe ...

La décarbonisation est un processus à long terme qui nécessite des investissements importants. Ainsi, des mesures financières et non financières spécifiques devront être mises en œuvre, à la fois à court et à long termes, pour faciliter cette transition. Dans la deuxième partie de la série de Policy Briefs sur la trajectoire de décarbonisation du Maroc, une mise à jour des scénarios de décarbonisation a été présentée. Elle révèle que les scénarios « Ambition accélérée » et « Dévelop ...

Morocco's significant renewable energy resources offer an unprecedented opportunity to anchor the country’s economic and political choices in the energy transition, and to turn the transition into an essential lever for economic development. This is all the more relevant as the costs of renewable energies have dropped over the past 10 years2, and now offer strong potential, not only for creating green jobs but for ensuring a dynamic and resilient economic growth as well. In 2020, ne ...

Les conséquences du changement climatique sont de plus en plus visibles au Maroc. Le schéma changeant des précipitations et de la sécheresse, l'augmentation des températures moyennes et des canicules, les inondations et l'augmentation du niveau de la mer affectent de plus en plus de nombreuses régions. Et pourtant, le taux d'émission de gaz à effet de serre (GES) du Maroc est relativement faible, comparé à celui d'autres pays. En 20162, les émissions totales de GES du Maroc ont atte ...

Les importantes ressources en énergies renouvelables du Maroc offrent une opportunité sans précédent d’ancrer les choix économiques et politiques du pays dans la transition énergétique, et de faire de cette transition un levier essentiel du développement économique. Ceci est d’autant plus important que le coût des énergies renouvelables a baissé au cours des 10 dernières années2 et présente désormais un fort potentiel, non seulement de création d’emplois verts mais aussi de croissan ...

The consequences of climate change are becoming progressively more visible in Morocco. Changes in rainfall patterns and drought, increases in average temperatures and heatwaves, flooding, and rising sea levels are increasingly affecting several regions. Yet, Morocco has a relatively low greenhouse gas (GHG) emission rate, compared to other countries. In 20162, Morocco’s total GHG emissions reached 86127.7 gigagram of carbon dioxide equivalent (Gg CO2-eq), totaling around 0.2% of glo ...