Publications /
Policy Brief

Back
Sovereign Stabilization Funds and the End of the Commodities Super-cycle: What are the Challenges?
Authors
September 17, 2015

Sovereign wealth funds, a major focus during the 2000s, should see their role strengthen as an economic «stabilizer» in the coming months, due to the fall of commodity prices. These investment vehicles must however be coordinated with the traditional fiscal policy tools and can free the government to do more or less long-term budget adjustments that the new international economic environment imposes.

RELATED CONTENT

  • Authors
    Mouhamadou Moustapha Ly
    April 7, 2020
    Le Covidonomics est la branche de l’analyse économique qui s’intéresse aux mécanismes par lesquels la pandémie affecte les économies du monde ainsi que les réponses de politiques économiques qui puissent répondre aux défis inhérents à la propagation du Covid-19. */ La présente contribution propose des réponses de politiques économiques et sanitaires qui soient contextualisées suivant trois périodes. La crise sanitaire Covid-19, au même titre que l’angoissante question du changemen ...
  • April 7, 2020
    Au-delà de la gestion immédiate de la crise, qui concentre légitimement l’attention à ce jour, l’enjeu actuel consiste également de mener des réflexions sur les politiques publiques, économiques et sociales que les pays devront mettre en place comme stratégies pour remettre à niveau leu...
  • Authors
    April 6, 2020
    The COVID-19 pandemic is evolving into an unprecedented international crisis, with serious consequences for human health and economic activity. While it is still too early to accurately determine the magnitude and persistence of the economic impact of the pandemic, a short-term assessment can be made. This short opinion focuses on the implications for energy markets. The rapid decline in crude oil prices has raised concerns on both the demand and supply sides, making the outlook for ...
  • Authors
    Mouhamadou Moustapha Ly
    April 6, 2020
    Covid-19 has a far-reaching impact and is imposing a slowdown on the world economy, raising fears of the worst consequences on production, jobs and the immediate future of developing economies. Fiscal and monetary authorities around the world are engaging in policies to support their economies with unprecedented funds and initiatives. The African continent, also affected by the pandemic, is pursuing courageous economic (fiscal and monetary) policies, but the main question is what ne ...
  • April 6, 2020
    Depuis l'entrée en vigueur de l'Accord de libre-échange (ALE) entre le Maroc et l'Union européenne (UE), il y a près de deux décennies, les performances des exportations marocaines vers les marchés de l'UE ont été plutôt décevantes, tandis que le déficit commercial du Maroc avec l'UE a augmenté de manière significative. Cela a conduit de nombreux observateurs à percevoir l'accord d'un oeil critique. Cependant, les balances commerciales bilatérales ne sont pas toujours suffisantes po ...
  • Authors
    Abdessalam Jaldi
    April 6, 2020
    On December 11, 2019, the Indian Parliament approved the Citizenship Amendment Act amending the Citizenship Act of 1955. The finalized Citizenship Amendment Act (CAA) makes foreign undocumented migrants and religious refugees (including Hindus, Sikhs, Buddhists, Jains, Parsis and Christians) from Afghanistan, Bangladesh, and Pakistan eligible for Indian citizenship, but not if they are Muslim. As many as 125 lawmakers voted in the favour of the act whilst 99 members voted against it ...
  • Authors
    April 6, 2020
    The global reach of COVID-19 is now clear. In a short time, country after country has suffered outbreaks of the new coronavirus, with each facing a three-fold shock: epidemiologic, economic, and financial. In addition to dealing with their own local coronavirus outbreaks, emerging market and developing countries have faced additional shocks from abroad. Flattening pandemic curves saves lives The coronavirus crisis is primarily a public health issue, demanding containment policies ...
  • April 6, 2020
    Why every country in the world is facing a challenge of flattening coronavirus curves? Which policies to contain or at least slow the spread of coronavirus have been applied? What must be done to mitigate the recession accompanying containment policies? Is "doing-nothing" economically b...
  • Authors
    Amanda O. Mathe
    April 3, 2020
    The Mara Group, producer of the Mara smartphone, has set up manufacturing facilities in two key strategic countries, Rwanda and South Africa, with a total estimated investment of $100 million. On the back of political shifts in South Africa, President Cyril Ramaphosa embarked on an investment drive, announced in his state of the nation address in 2018. This was followed up with an investment conference, at which Ashish Thakkar, CEO of Mara Group, announced a $100 million investment ...