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November 26, 2020The Trump Administration “America First” policy changed U.S. foreign policy towards the African continent. Trump opposed trade agreements with several countries, considering them to be unfavorable to the U.S., given the nature of the African market. He shifted the U.S. concern in Africa from fighting against violent extremism and terrorism to a direct competition with other great powers—China and Russia—which had already extensively implemented African strategies. He endeavored to r ... -
November 25, 2020Partenaires : Policy Center for the New South, Commission Economique pour l’Afrique des Nations Unies, Organisation des Nations Unies pour l’Education, la Science et la Culture · Participants : - Golda El-Khoury, Représentante de l’UNESCO pour le Maghreb - Khaled Hussein, Directeur a.i.... -
November 25, 2020Coup sur coup, deux accords géants sont venus marquer l’actualité internationale. L’un, est économique et sonne comme un coup de tonnerre : c’est le RCEP (Regional Comprehensive Economic Partnership), vaste accord commercial asiatique, signé le 15 novembre 2020. Cette date restera dans l’histoire comme ayant associé la Chine à un ensemble de pays asiatiques. Il inclut l’ASEAN (Association des Nations d’Asie du Sud-est, à l’initiative de la démarche) mais, aussi, le Japon et la Corée ...
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November 24, 2020The global economic activity has climbed up since June but there are signs that the recovery may be losing momentum. Instead of a V, U, W, or L, a square root as a recovery shape looks more likely, as we approached before in this series. And the crisis is likely to leave deep, unequal s...
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November 24, 2020The Coronavirus is no great equalizer. At best, it has exposed severe inequalities, and at worst, it has led to their exacerbation. The reignition of the #BlackLivesMatter movement during the pandemic led hundreds of thousands of people to hit the streets in all 50 states of the United ...
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November 23, 2020Short-term climate conditions may affect crop yields and vintage quality and, as a consequence, wine prices and vineyards’ earnings. In this paper, we use a Computable General Equilibrium (CGE) model for Chile, which incorporates very detailed information about the value chain of the wine sector in the country. Using information for the 2015-2016 harvest, we calibrate climate variability shocks associated with a “bad year” for the wine industry in Chile, when premature rains occurre ... -
November 23, 2020En 2016, l’une des grandes promesses de campagne du candidat républicain Donald Trump était de mettre fin aux pratiques commerciales chinoises, jugées déloyales et responsables du déficit commercial américain. L’imposition d’importants droits de douane allait forcer le gouvernement chinois à négocier. Les pratiques dénoncées par Trump – sous-évaluation du yuan, transferts forcés de technologie, violations de la propriété intellectuelle, manque d’ouverture aux importations – s’inscr ... -
November 19, 2020Le mandat du président Trump qui, sauf miracle, s’achève en janvier 2021, avait soumis à rude épreuve les alliances des Etats-Unis d’Amérique avec plusieurs pays et entités européens et asiatiques. Plusieurs de ces alliés stratégiques des Etats-Unis avaient, alors, perdu confiance en l’esprit de solidarité qui a toujours empreint l’action étasunienne à leur égard, et amorcé des réflexions sur la construction de leurs propres systèmes de défense. L’arrivée à la Maison Blanche d’un no ... -
November 19, 2020“This time was different” in terms of the monetary policy responses to capital outflow shocks felt by emerging market economies (EMEs), as pointed out by a November 12 Bank for International Settlements bulletin. The pandemic-related global financial shock that hit in March and April led to close to $100 billion leaving EMEs (see my previous article). This was answered by local monetary authorities in ways different from previous episodes. This time there was even the use of quant ...
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November 19, 2020In October 2014, Burkina Faso entered a new era when a social uprising resulted in the overthrow after 27 years of President Blaise Compaoré. The uprising was triggered by Compaoré’s attempt to amend the constitution so he could run for another term. In late 2015, Roch Marc Christian Kaboré was elected and sworn as a new president with high hopes for a new Burkina Faso. Corruption, democratic reforms, poverty, and economic development dominated President Kaboré’s inauguration speech ...
