Discrepancies in output fluctuations between emerging and developed economies are well documented in the literature. Differences however within developing economies have not been sufficiently scrutinised. This paper argues that global and regional shocks primarily drive the business cycle in emerging economies, and provides estimated results for cycle variance decomposition. The paper also offers a theoretical framework to check on the set of stylized facts common and specific to em ...
Deux des plus grands producteurs d'hydrocarbures en Afrique, le Nigeria sur l'Atlantique et la Libye sur la Méditerranée font face aux deux groupes terroristes les plus violents sur le continent. Daech version libyenne et Boko Haram semblent avancer pour se rejoindre dans un espace constitué par trois Etats qui présentent des vulnérabilités favorables à l'extension du terrorisme. Au Cameroun, le chao est à craindre dans l'après Biya. La battle fatigue peut atteindre l'Etat tchadien ...
Although the United States is less active in Africa than France, their security policies on the continent often have shared objectives and are sometimes pursued jointly. While the urgency of humanitarian crises has been at the centre of foreign interventions for a long time, now it tends to give way to the terrorist threat. The emergence and expansion of terrorist groups with a complex character, which are sometimes rivals of each other and claiming to follow radical Islam, has incr ...
Bien que les États-Unis soient moins présents en Afrique que la France, leurs politiques de sécurité sur le continent ont des objectifs souvent partagés et parfois poursuivis en commun. Si l’urgence des crises humanitaires a longtemps été au coeur des interventions étrangères, elle tend désormais à s’effacer au profit de la menace terroriste. L’émergence et l’expansion des groupes terroristes à caractère complexe, parfois rivaux les uns des autres, et se réclamant de l’islam radical ...
The Food and Agriculture Organization (FAO) consecrated the year 2015 as the International Year of Soils (IYS). Therefore, it has been a year intended to raise the consciousness of humanity about the importance of this resource (soil) and the need to preserve it to ensure sustainable and shared prosperity. The various stakeholders in the management and use of this resource, particularly those of the agricultural sector have been called to enhance their consideration of this fragile ...
West African countries, on top of which is Côte d’Ivoire, represent the bulk of the world supply of cocoa beans. From the end of the nineteenth century to their independence, and to recent times, their histories have been marked by boom and bust cycles that were sometimes desynchronized from one country to another, especially for Ghana and Côte d’Ivoire, due to differentiated political and economic backdrops. As for now, cocoa producers seem to be insulated from the rout which has h ...
Brazil is in a good position to serve as a bridge to Africa and to reignite more cooperation between both sides of the South Atlantic. Brazil has increased its presence in Africa in recent years in terms of trade, investment, development cooperation, and political alliances with the goal to secure a greater say for the global South in the new world order that has been under construction since the of the Cold War. This has been pursued through financial support and proactive economic ...
The economic growth of the African continent and its positioning as an emerging force is a reality no longer questioned. Optimism surrounding the Africa rising narrative is supported by a growing young workforce, an expanding middle class, new discoveries of natural resources and minerals, relative political stability and infrastructure developments. Economic and international financial actors now recognize the potential that the continent represents for the world economy, consider ...