Podcasts

Back

A Path to Strengthening the Global Financial Architecture

02
February 2024
Youssef El Jai & Ferid Belhaj
Related topics: 

In this podcast, Mr. Ferid Belhaj, Vice President - Middle East North Africa, World Bank Group shares his insights around the key takeaways from the Annual Meetings 2023 as well as his vision of the global financial architecture and the transformative potential of the Marrakesh Declaration to improve the outcomes on global public goods and development. In this episode, we also adress questions on what efforts can the bank do in that respect to mobilize more private capital in climate resilience/development projects.

RELATED CONTENT

  • Authors
    Nisrine Ouazzani
    January 6, 2016
    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 ...
  • Authors
    December 23, 2015
    Global economic growth is likely to be a little better in 2016 than this year’s lackluster outcome. The ongoing slow recovery in the United States and Europe is likely to continue. However, weakness in China as well as several large emerging markets, and sluggishness of world trade, mean that risks are weighted on the downside of this forecast. Morocco, which is reliant on European markets, is a heavy importer of oil, and whose currency has devalued in effective terms, should find t ...
  • Authors
    December 14, 2015
    The end of supply chain is the natural corollary of the sustained price fall of virtually all commodities observed over the past many months. If it appears premature to state exactly what is the impact of this deconsolidation in the commodities value chain, it is believed that the strategic role of physical trading is strengthening. Under such circumstances, the industrial strategies of developing countries and commodity exporters may have to evolve and, in priority, foster optimizi ...
  • Authors
    December 8, 2015
    Trade negotiators rarely get to celebrate a victory. The United States, for example, has been negotiating over 15 bilateral free trade agreements, with none concluded since the Korea-US agreement was finalized at the end of 2010. This makes the recently finalized Trans-Pacific Partnership (TPP)agreement between the United States and 11 other countries all the more remarkable. But the TPP still faces major hurdles, not least a divisive ratification debate in the U.S. Congress, which ...
  • December 7, 2015
    The Euro-Mediterranean Partnership was initiated with the aim to build a space of shared prosperity and security among all the countries in the region. The achievement of this objective, however, continues to be challenged by several geopolitical, economic and social factors. In such a context, there is now a greater urgency to adapt the approach and the instruments, thus allowing Euro-Mediterranean partners to seize opportunities towards an effective area of shared stability and pr ...
  • Authors
    November 25, 2015
    The contribution that the diaspora makes to development in the country of origin is examined. Drawing on a recent World Bank survey of migrants from the MENA countries, the needs of the diaspora and the development role it can play through its organizations are reviewed. A constructive interaction with the diaspora can be greatly enhanced by supportive policies in the country of origin. The main focus of the paper is on the Middle East and North African region, and more specifically ...
  • Authors
    Karim El Mokri
    Aziz Ragbi
    Said Tounsi
    November 23, 2015
    The issue of a powerful fiscal policy comeback is not only being debated in Europe. It is also interesting for Morocco, in many respects. If in Europe there is controversy between the proponents of the structural budgetary balance rule and critics of restrictive policies in the context of major financial and recessive shocks, in the South of the Mediterranean fiscal policy is caught between the multiple social and economic requirements and the constraint of sustainability. ...