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AuthorsMorten Seja*Charlie KnightHadley HilgenhurstAmlan BanerjeeOmair AzamJanuary 31, 2022Setting the Scene for the Current State of Inclusive Green Finance Climate change is one of, if not the biggest, challenges facing the world. The challenge extends to banking regulators, who, in addition to other responsibilities, are now tasked with ensuring financial inclusion and climate change mitigation. However, central banks realizing how important inclusion and climate change are is only the first step. As part of this process, they need to understand how to define Inclusiv ...
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AuthorsJanuary 31, 2022According to the Oslo Manual, innovation can be defined as “the implementation of a new or significantly improved product (good or service), or process, a new marketing method or a new organisational method in business practices, workplace organisations or external relations” (OECD, 2005, p. 46). For today’s middle-income countries in Africa, innovation is essential to sustain growth and promote the transition to high-income status. This paper begins by providing a summary of theore ...
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AuthorsJanuary 31, 2022It has been more than 100 years since Germany manifested colonial power, a dark period of history indeed. Political and military leaders, supported by its ruler, Wilhelm II, Emperor of Germany and King of Prussia, committed crimes against humanity on African land. The first genocide of the 20th Century, mass killings of 65 000 Herero in Africa, today known as Namibia. Between 1904 and 1908, Germany suffocated humanity in concentration camps like Shark Island, forcing them into dead ...
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AuthorsJanuary 31, 2022On January 28, both Argentina’s government and the International Monetary Fund staff made announcements about an understanding on new support program. Meanwhile, in addition to the payment of an amortization due on January 28, another payment is also expected in the first week of February. Both payments relate to the previous package, approved in 2018 and substantially disbursed thereafter. Non-payment could sour relations at a critical moment for a new program to be approved by the ...
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Nada Drais et Abdesslam JaldiJanuary 28, 2022Après avoir obtenu la confiance du parlement le 13 octobre dernier, le gouvernement marocain mené par Aziz Akhannouch se positionne dans une direction ambitieuse à travers l'annonce de gr ...
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January 27, 2022Africafé 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...
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January 27, 2022La pandémie de la COVID-19 a déclenché, en une courte période, une crise sans précédent entraînant des effets négatifs sur l’économie mondiale, le progrès social et l’atteinte des Objectifs du développement durable (ODD). Le Policy Centre for the New South, le Programme des nations unie...
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AuthorsJanuary 26, 2022The year began with simultaneous signs of a slowdown in global economic growth and a reorientation toward tightening of monetary policies in advanced economies. In its latest Global Economic Prospects released on January 11, the World Bank forecasts that, after a global growth surprisingly at 5.5% last year, it should moderate to somewhere around 4.1% and 3.2%. % in, respectively, 2022 and 2023. In addition to the effects of omicron at the start of the year, less fiscal support and ...
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AuthorsJanuary 26, 2022COVID-19 has caused serious damage throughout the entire world. As of mid-2021, the global fiscal cost of COVID-19—excluding the most important consequences, such as human lives, mental health effects, restrictions of human freedom, and other non-pecuniary components, have amounted to at least $16.5 trillion, about 18% of world GDP (Dinh 2021). Financial support has varied across countries depending on income level, political willingness, and the extent of the pandemic in each econo ...
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January 26, 2022Purpose-Driven Companies are companies with dual business objective as they seek to be financially profitable, and tackle social and environmental issues at the same time. They play a significant role in advancing the 2030 Sustainable Development Goals (SDGs) but their development in th...