Lost in Transition: Developing Countries in the Global Economy

June 30, 2021

Otaviano Canuto, Policy Center for the New South The growth and productivity performance of emerging market and developing economies since the 2008 global financial crisis failed to repeat the achievements of the previous decade. Besides frustrating expectations that they might become the new growth pole in the global economy, their convergence to per capita incomes of advanced economies has suffered a setback. Nonetheless, the path of policies and reforms to be pursued in that direction remains the same. This is something accentuated by the coronavirus pandemic crisis.

Speakers
Otaviano Canuto
Senior Fellow
Senior Fellow at the Policy Center for the New South, Affiliate Professor at Mohammed VI Polytechnic University and Non-Resident Senior Fellow at Brookings Institute. Former Vice President and Executive Director at the World Bank, Executive Director at the International Monetary Fund (IMF) and Vice President at the Inter-American Development Bank. ...

RELATED CONTENT

  • Authors
    Joseph Hammond
    July 18, 2022
    The world is facing its worst food crisis in 70 years as a perfect storm of geopolitical events contributes to a spike in prices. Wheat alone has jumped 53% since the start of the year. Alarmingly, a number of governments have responded to the crisis with export bans. Governments and organizations worldwide must act decisively to avoid knee-jerk neo-mercantilism, which would add to the volatility in the global economy. Globalization is at a fragile moment, and mercantilism still lur ...
  • July 6, 2022
    Le Policy Center for the New South et Enel Green Power Maroc co-organisent un webinaire sur "la tarification du carbone et le développement économique". Cette rencontre permettra de débattre des défis, des avantages et des limites des mécanismes de tarification du carbone et de leur imp...
  • June 10, 2022
    Avec 38 % des réserves gazières mondiales, la Russie est un acteur majeur du marché mondial du gaz. Aussi, son invasion de l’Ukraine et les sanctions qui l'accompagnent vont désorganiser ce marché. L'objet de cette étude est d'analyser les conséquences de cette désorganisation pour l'Afrique, en distinguant le marché mondial du gaz naturel (I) de celui du marché du gaz africain (II), et ce avant la crise ukrainienne. Ce qui nous conduira à tirer les conséquences et les enseignements ...
  • Authors
    May 18, 2022
    The world food price index collected for the last 60 years by the United Nations Food and Agriculture Organization (FAO) hit its highest record in March, declining gently in April. Pandemic, war and death in Ukraine, and droughts in the last 2 years… Such a combination looks apocalyptical. Now it is adding global hunger risks, because of the food price crisis. The rise in global food prices started in mid-2020 because supply chain disruptions triggered food stockpiling. Mobility r ...
  • May 11, 2022
    Cet atelier a servi de plateforme pour présenter les ouvrages suivants :  - L'édition 2022 du Rapport Annuel sur la Géopolitique de l'Afrique : Ce rapport est publié annuellement par le PCNS et a pour objet de relater, étudier et analyser les faits géopolitiques majeurs qui ont jalonné...
  • May 10, 2022
    This is an exclusive interview with Rim Berahab, Senior Economist at the Policy Center for the New South, who engages with Helmut Sorge, Columnist at the Policy Center for the New South, in a conversation about the great threat of the climate crisis. Rim Berahab is the author of Chapter...
  • Authors
    May 6, 2022
    In addition to the deaths and destruction in Ukraine, the Russian invasion has caused several significant shocks to the global economy. In addition to the geopolitical consequences of the war, reinforcing the downward trend in trade globalization and financial integration, new rounds of disruptions to supply chains and higher commodity prices have already led to downward revisions in economic growth projections, accompanied by higher inflation. The commodity price shock, intensify ...
  • April 29, 2022
    Following on the heels of the COVID-19 pandemic and severe drought in North Africa, the Russian invasion of Ukraine – large exporters of food and, in the case of Russia, energy— may inflict increased hunger on the food insecure in Morocco – despite mitigating measures by the government. Morocco is so far successfully shielding its large poor and vulnerable population by subsidizing essential commodities. With memories of the violent protests during the 2007/08 food and fuel crisis s ...