Session 11: Financing for Development: What Comes next - Climate Finance

The pros and the cons of regional market integration are well exemplified by the experience of Uruguay, a small, open economy in MERCOSUR, which is a highly protectionist trade bloc, dominated by Argentina and Brazil. With access to such large markets, Uruguay did raise its growth rate during the first decade of MERCOSUR, the 1990s. However, market integration as implemented in MERCOSUR was also problematic in that Uruguay suffered from the high protectionism of Argentina in the for ...

S’il est commun de catégoriser les matières premières en fonction de leur réalité physique et de distinguer, en cela, produits agricoles, énergie et métaux, on se saurait oublier que ce sont les caractéristiques économiques qu’elles partagent qui justifient le regroupement de ces produits de base sous le terme commun de « commodities ». Une analyse en profondeur révèle toutefois la mise en œuvre, par les producteurs, de stratégies de différenciation par la qualité visa ...

The contrast between Argentina’s rich natural resource endowment and its poor economic performance has been the focus of much socio-political and economic analysis. When it created MERCOSUR with its immediate neighbors, Brazil, Uruguay, and Paraguay in 1991, it had access to a trading bloc with a combined GDP of US$ 419 trillion (2019), making it the 5th largest economy in the world. Joining the MERCOSUR was a break from its protectionist past. But it did not last. Argentina greatl ...

The COVID-19 pandemic has had a huge impact on the global economy and has challenged the best minds to rethink how to design and implement an effective recovery. Countries in the wider Atlantic region have exhibited differential trajectories in traversing the pandemic. A number of countries in Europe succeeded in vaccinating most of their eligible populations, enabling life to return somewhat to normal. A smaller group of countries in Europe could manage infection rates even more ti ...

The economic sanctions against Russia announced last week by the United States and Europe following the military invasion of Ukraine are having a profound impact on the Russian economy while also having repercussions at home. As in a boxing match, the expectation is that blows to the opponent can knock them out, despite the exposure on the punching side. The United States has applied some sectoral and limited economic sanctions against Russia since the annexation of Crimea in 2014 ...

Le système monétaire international a connu de nombreuses crises. Celle consécutive à la dématérialisation régulière de la monnaie l'oblige à se reconstruire, suite au développement des crypto-monnaies et au succès du spéculatif et emblématique . Cette étude est, tout d'abord, consacrée à l'affaiblissement de ce système, avec une monnaie chinoise qui a choisi de ne plus s'y soumettre et des Etats qui dérogent à ses règles, comme le Monténégro, décidant unilaté ...

This article was initially published on project-syndicate.org   Supply shortages during the COVID-19 pandemic have set off a rush to reshore or nearshore production in the name of national security and resilience. But policymakers tasked with shaping new industrial policies should have no illusions that there are shortcuts to economic development. WASHINGTON, DC – Pandemic-induced supply shortages have heightened national security concerns in advanced economies. Worried about ove ...

مقال نشر للمرة الأولى على موقع بروجكت سيندكايت   واشنطن - تُثير موجات نقص الإمدادات الناجمة عن اندلاع الجائحة المخاوف بشأن الأمن القومي في الاقتصادات المتقدمة. ونظرًا إلى شعورهم بالقلق إزاء الاعتماد المفرط على التصنيع الصيني، اقترحت كل من الولايات المتحدة والاتحاد الأوروبي واليابان مبادرات لنقل الإنتاج. وهم ليسوا بمفردهم. تكتسب عملية إضفاء الطابع الجيوسياسي على الصلة بين التجارة والصناعة والأمن المزيد من الزخم في العالم النامي أيضًا. ومن غرب البلقان إلى أمريكا اللاتينية، ترى الحكو ...