Keynote Address: What Will It Take for India to Become an Advanced Economy?

Chinese investors are increasingly interested in Africa. Some criticize them for privileging mining investments. A 2017 analysis of these investments shows that investments in mining have not been the only ones privileged by the Chinese operators. Many other sectors such as transport and energy have benefited from Chinese investments, much more so than the mining sector, for example. ...

There is much room for deepening Brazil and Morocco’s bilateral economic relationship, in the fields of trade and investment flows. This is the main conclusion of the assessment of both countries external economic relations and of their bilateral trade and investment flows. This policy brief aims at presenting a roadmap for fostering bilateral economic relations, focusing on the avenues for a bilateral free trade agreement and for bilateral treaties on investment promotion. This app ...

Last week the World Bank released a Staff Note (2017) analyzing the pension reform proposal sent last December by Brazil’s Federal Government to Congress. It concludes that (p.16, our emphasis): “… the proposed pension reform in Brazil is necessary, urgent if Brazil is to meet its spending rule, and socially balanced in that the proposal mostly eliminates subsidies received under the current rules by formal sector workers and civil servants who belong to the top 60 percent of house ...

Development finance is an issue that typically concerns developing countries where numerous, grave socioeconomic problems persist, including – and not among the least – the need for stable development finance in higher quantity and of higher quality. However, development finance could also be used today as a growth-enhancing concept applicable to advanced economies, to boost their growth and help their social inclusion. It could contribute to rebalancing macroeconomic policies and m ...

Turkey has been approaching a crossroads for some time now. Soon enough it will have to choose a direction. On April 16, 2017 Turks will vote in a referendum on President Recep Tayyip Erdogan’s proposed constitutional amendment that would shift the country’s power center from a parliamentary system to a presidential one.  If successful, not only would this further consolidate power in the executive’s hands—in this case Erdogan himself—but it would also pave the way for him to rema ...

Dans un contexte mondial de plus en plus préoccupé par les aléas climatiques, comprendre l’impact de la croissance économique sur l’environnement devient crucial, notamment pour les pays en voie de développement. Ce papier aborde cette problématique sous le prisme des émissions de dioxyde de carbone (CO2) et examine comment la croissance économique se répercute sur l’environnement. L’objectif de cette étude est de tester la validité de la courbe environnementale de Kuznets (CEK) pou ...