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January 10, 2023This Paper was originally published on tandfonline.com It has been recognised that the fiscal multiplier is a function of structural features of the economy and policy reaction parameters. Moreover, the debate on the magnitude of the multiplier along the business cycle has also been the subject of disputed debates. On these grounds, we look at the Greek case by calibrating a NUTS-2 interregional general equilibrium model using data for distinct states of the Greek economy during ... -
January 10, 2023Three significant changes to the macroeconomic policy regime in advanced economies, compared to the post-global financial crisis period, have unfolded in the last two years. First, fears of a chronic insufficiency of aggregate demand as a growth deterrent prevailing after the 2008 global financial crisis, have been superseded by supply-side shocks and inflation. Second, as a result of the first change, the era of abundant and cheap liquidity provided by central banks has given way t ... -
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January 6, 2023Le marché de l’hydrogène vert est appelé à connaitre de grands bouleversements dans les années à venir avec l’émergence de nouveaux acteurs de la transition énergétique. Néanmoins, ce marché est encore tributaire du développement de la demande, de la baisse des coûts de production, de transport et de stockage, du développement d’une chaîne logistique très compétitive et de la mise en place de cadre juridique et règlementaire approprié. Malgré les différents dé ... -
January 06, 2023Contrairement aux problèmes environnementaux d' « ancienne génération », le réchauffement climatique est un des problèmes politiques les plus délicats du 21ème siècle. Suite aux chocs con ... -
January 6, 2023The green hydrogen market1 is poised for major upheaval in the years to come as new players in the energy transition emerge. This market, however, still depends on the development of demand, the reduction of production, transport and storage costs, the development of truly competitive supply chains and the establishment of and appropriate legal and regulatory framework. Despite the many challenges facing this sector, a number of countries have begun to position themselves as impor ... -
January 5, 2023In this episode, Kelly Nyaga outlines and analyzes how the current economic and inflationary conditions are affecting the SADC's and Africa's post-covid recovery. He analyzes the measures' economic effects, what they mean, and how we might use the potential of the African continent for ...
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January 2, 2023Climate change threatens to reduce the water flow in the Nile and increase the frequency and severity of droughts and floods in Egypt, which already suffers from water scarcity. This threat is a looming crisis as it seriously undermines the Government of Egypt’s long standing food self-sufficiency approach to food security, an approach which is wasteful of increasingly precious arable land and water resources, while achieving neither more food self-sufficiency nor meaningful food se ... -
December 30, 2022L’épopée de l’équipe marocaine lors de la Coupe du monde de football, à Doha en 2022, est un évènement immense, évidemment sportif, mais qui dépasse la sphère du sport. C’est un évènement qui concerne évidemment aussi le Maroc mais le dépasse. Son écho a été mondial. Il a été ressenti comme une source de joie, de ferveur et de fierté par les peuples maghrébins, arabes et africains, et plus généralement, par le Sud, qui se sont appropriés cette belle équipe et ...
