The New Trilemma of Macroeconomic Policy: Future Policy Responses

Salutations Thank you for the invitation to address the 2018 Africa Think Tank Summit  in this memorable city of Rabat. I thank in particular, the OCP Policy Center and the Think Tank and Civil Societies Program of the University of Pennsylvania for hosting the Summit with the theme “Deepening Expertise and Enhancing Sustainability: Insight into Contemporary Challenges Facing African Think Tanks”. Rabat, Morocco has been the sprouting ground of numerous agenda-setting instruments ...

Avec la refonte des relations entre l’Union Européenne et les pays ACP (Afrique, Caraïbes et Pacifique), prévue pour février 2020, il devient urgent de repenser le cadre du partenariat entre l’Europe et l’Afrique et de proposer des éléments de refondation d’un vouloir vivre collectif. Priorité éducative, création d’emplois pour les jeunes via le développement territorial, promotion des partenariats publicprivé dans les infrastructures, comptent parmi les leviers d’actions possibles. ...

Le partenariat Afrique Europe fait son chemin depuis l'adoption de la stratégie commune Afrique-UE et la négociation complexe des Accords de Partenariat Economiques. L’évaluation des volets commercial, financier et humain de ces relations multidimensionnelles fait ressortir la persistance de grands déséquilibres dans les échanges commerciaux de biens et services, des tensions dans la gestion de la mobilité humaine et des dysfonctionnements dans les mécanismes institutionnels de part ...

The main message of this paper is that our world is undergoing a profound transformation in multiple aspects. These, at a minimum, include the following: - the degree and manner of our acceptance of or opposition to increased integration as trading nations - the constantly evolving technologies we use, the way we work, play and interact as social groups and entire societies - the very climate that conditions our living environment. ...

Technology and inequality, China's special status, macroeconomic imbalances, and WTO dysfunction, are the challenges confronted by the world trading system, and which lie at the root of resurgent protectionism. Are the trade tensions that have been stoked by Trump unique to him or the outcome of forces that preceded him and will outlast him? ...

The April issue of the IMF’s “World Economic Outlook (WEO)” included a chapter on how globalization has helped knowledge from technology leaders spread faster than before. Cross-border technological diffusion has not only contributed to rising domestic productivity levels in advanced and emerging economies, but also facilitated a partial reshaping of the technological innovation landscape, with some recipients becoming new significant sources of research and development (R&D) an ...

These days, the word "crisis" is gaining a new urgency around the globe… Crisis of humanity, of water, hunger, poverty, climate. Crisis of war, destruction, terrorism. And a crisis of thought, intellectual exchange, theories transfered into reality. And a crisis of think tanks, eventually, although their work matters, since it sends signals, offers proposals and applicable solutions.  In that context, Olusegun Obasanjo, former President of Nigeria and Board member of the Africa Pro ...