Fireside Chat : Résister à la fragmentation de l'économie mondiale

1970s : Oil and wheat are strategic commodities, their prices are skyrocketing, Arab countries declare an oil boycott against the US and the US contemplates to retaliate with a grain embargo. Gulf countries are alarmed and look into a plan to develop Sudan as an Arab breadbasket.  This plan, however, unravels by the 1980s amidst political instability, misguided project designs and alleged corruption amongst the Sudanese (Nimeiri) regime. Instead, Saudi Arabia embarks on a subsidize ...

The strategy to vertically integrate mining producers requires the identification of the right conditions for its financing. Many approaches are possible and the technique of securitization, although widely stigmatized since the financial crisis of 2008, must be considered. Several conditions are however necessary. It is unlikely that the off-balance sheet securitization is currently positioned as an important means to finance this sector’s production capacity. Whatever the scope of ...

Over the next couple of months, we want to explore the investing climate in Sub Saharan Africa (“SSA”) and try to understand where it is and what elements/variables are required to increase the continent’s attractiveness to institutional investors and thereby speed up the continent’s development. We will discuss the Private Equity industry in Africa and delve into the challenges faces. We will then work through how best to address them, and in particular, in the Agribusiness sector. ...

Brazil’s future prospects, and ability to harness its advantages, will hinge on its own policy choices over the next few years. Yet the outlook for meaningful change is unclear. At present, Brazil is in a weaker position than four years ago, from both an economic and a foreign policy standpoint. Even in a scenario where Brazil’s economy gradually returns to the course it was on until 2008, no major strategic changes are likely to happen in Rousseff’s four-year term. ...