RELATED CONTENT : Sectorial policies and structural transformation

  • Authors
    Brahima Coulibaly
    Wafa Abedin
    September 26, 2024
    This paper was originally published on t20brasil.org   The developing world is once again facing unsustainable sovereign debt levels that threaten to erase several years of progress on development agendas. The COVID-19 pandemic, Russia-Ukraine war, and high interest rates are the latest in a series of events that have contributed to the recent build-up of debt and raised the cost of debt financing for developing countries. The G20’s Common Framework (CF) for debt treatments is a w ...
  • Authors
    September 24, 2024
      This paper was originally published on t20brasil.org The resurgence of Neo protectionism as a reality is creating a pressing need to establish New Industrial Policies (NIPs) capable of striking a balance between Global Value Chains (GVC) managers' quest for efficiency and policy makers' need for more increasing resilience or national security in a turmoiled geopolitical landscape. Furthermore, although NIPs might pursue legitimate non-economic objectives, they are often captured ...
  • Authors
    Zakaria Elouaourti
    September 13, 2024
    This Paper was originally published on emerald.com   Purpose This paper examines the dynamics of structural transformation in Morocco since 1970 by analyzing input-output tables expressed in terms of employment and output levels across 24 sectors. Design/methodology/approach This study employs a twofold methodological approach. Firstly, it examines the evolution of sectoral employment shares over time using World Bank data. Secondly, it utilizes Input-Output analysis to examine ...
  • Authors
    Under the supervision of
    July 12, 2024
    The report will soon be available for purchase.   The 2024 Annual Report on the African Economy is dedicated to monetary and financial issues on the Continent. There are three reasons for this choice. African economies are exposed to macro-financial instabilities partly generated by global monetary and financial turbulence. The Continent’s currencies and financial systems are engaged in very different dynamics, where routine methods and daring, if not risky, practices coexist. ...
  • May 15, 2024
    En 2023, et selon le think tank américain « Atlantic Council », 114 pays ont engagé une réflexion sur La Monnaie numérique de banque centrale (MNBC). Cette réflexion concerne la MNBC de gros, visant à repenser l’interbancarité et la MNBC de détail, celle que la Chine développe avec un succès certain depuis 2014 avec son e yuan, réservé aujourd’hui au seul marché intérieur chinois, en attendant mieux. L’objet de ce Policy Brief est, tout d’abord, de rappeler que les MNB ...
  • Authors
    Tiago C. Peixoto
    Luke Jordan
    March 20, 2024
    Based on observable facts, this policy paper explores some of the less- acknowledged yet critically important ways in which artificial intelligence (AI) may affect the public sector and its role. Our focus is on those areas where AI's influence might be understated currently, but where it has substantial implications for future government policies and actions. We identify four main areas of impact that could redefine the public sector role, require new answers from it, or both. The ...
  • February 8, 2024
    Depuis 2016, on assiste à une dynamique de création de fonds souverains africains. En 2023, on recense 21 pays et 24 fonds souverains. Sur la seule période 2016-23, celle de la deuxième vague, huit pays vont se doter d’un premier fonds souverain, et d’un deuxième, dans le cas du Maroc, en 2022. Cette étude rappelle tout d’abord l’historique d’une création qui commence, dès 1994, au Botswana, avec le Pula Fund, précisant pour chacun des 24 fonds leur date de création, leur ...
  • Authors
    Ilham Najib
    January 29, 2024
    Morocco is positioned as a new global hub of the automotive industry in an increasingly volatile international context, with various emerging countries competing intensively to gain the best returns on openness and globalization. The Moroccan automotive industry’s recent performance shows it to be the most dynamic sector in the economy: from 2014 to 2019, value-added in the automotive sector increased by almost 70% while the overall national value-added increased by only 15%. In the ...
  • Authors
    João Gabriel Sacco
    January 23, 2024
    - Brazil’s latest tax reform will replace five taxes on consumption with one single VAT to promote greater efficiency and sectoral isonomy. - Forecasts produced by a detailed ICGE model point to sizeable gains in GDP exceeding 4% in the long run, even if spatially unequal. - Exceptions to the rules reduce potential benefits in efficiency terms. - Policies meant to promote regional development and close the gap deepened by the reform partially achieve their goal at the expense of ...
  • Authors
    January 2, 2024
    This paper was originally published on The South African Institute of International Affairs (SAIIA) In order for Africa to raise living standards, create employment for youth and diversify exports, it must industrialise. Until recently, sub-Saharan African (SSA) countries made limited progress in manufacturing value addition and employment, mirroring the de-industrialisation trend seen in many developing countries. To propel industrialisation, SSA countries should adopt flexible st ...
  • Authors
    Ana Maria Bonomi Barufi
    Peter Nijkamp
    December 29, 2023
    This Paper was originally published on onlinelibrary.wiley.com   This study aims to shed new empirical light on the importance of the wage curve in a developing economy. The main contribution to the empirical literature is related to the analysis being conducted at different regional levels of a developing economy. This indicates that municipal-level data seems to be more adequate for wage curve evaluation, and that spatial dependency should be considered to adequately control for ...
  • December 28, 2023
    In this episode, we interviewed Mr. Arkebe Oqubay Metiku, British Academy Global Professor, SOAS University of London around Africa's industrial policies and their impact on growth. We discussed key elements such as innovation, regional collaboration, sustainability, and intellectual pr...
  • Authors
    Inácio F. Araújo
    Fernando S. Perobelli
    December 11, 2023
    This Paper was originally published on sciencedirect.com   From a time-space perspective, we assess the effects of geographical proximity on technological convergence over time identifying proximity dimensions associated with countries’ technological similarities. We compare a time series of input-output coefficients for 66 different countries extracted from the 2021 edition of OECD Inter-Country Input-Output to verify whether nearby countries are more likely to share similar tech ...
  • November 30, 2023
    In this episode, we dive into the pressing necessity for climate initiatives in Africa. Despite its minimal global emissions, Africa grapples with severe climate challenges and a substantial funding shortfall. Yet, as obstacles persist, including the disconnect between investor expectat...
  • November 22, 2023
    As part of the webinar series: “The Global Economy in Transition : Implications for Developing Countries”, the Policy Center for the New South is organizing a webinar titled: " The Future of Central Banks in Emerging Markets and Developing Countries” to contribute to the debate around t...
  • Authors
    November 21, 2023
    Multiple shocks faced by the global economy over the past three years have apparently shaken the conventional wisdom on gains from economic integration, and have sparked widespread calls for protectionist and nationalist policies. Is there already evidence of some ‘deglobalization’, or do the factors that underlie globalization remain strong enough despite the shocks? So far, there are no signs of an overall reversal in the long-term trend of greater global trade integration. Howev ...
  • Authors
    November 2, 2023
    The global economic environment has changed as the U.S.—and to a less confrontational degree, the European Union—have clearly established a context of technological rivalry with China. Hindering China’s progress in the sophistication of semiconductor production has become a centerpiece of current U.S. foreign policy. While the U.S. is clearly winning the semiconductor war, the picture is different when it comes to clean-energy technology. Both technology wars overlap with access to ...
  • Authors
    Ali Elguellab
    Elhadj Ezzahid
    November 1, 2023
    The role of the production network in shock propagation has been an issue of considerable interest since the Great Recession. However, the empirical literature has only focused on advanced and emerging countries. This paper aims to contribute to filling this gap by examining the case of Morocco, a developing country belonging to the lower-middle-income group. The question is whether its production network is a factor in amplifying idiosyncratic industry-level shocks or, conversely, ...
  • Authors
    Jean Louis-Sarbib
    October 18, 2023
    Addressing inequalities in all their forms has emerged as one of the major global challenges faced by numerous countries across the globe, particularly in Africa. In a context where Africa faces many pressing challenges that are the subject of much analysis (Sarbib et al. 2022), there is a clear gap in conducting comprehensive reviews focused on inequalities, partly due to the lack of available data. Inequalities, which are both consequences and partial causes of poor development o ...
  • Authors
    Xiaofeng Wang
    October 13, 2023
    The surprising victory of Javier Milei, the unconventional ‘anarcho-capitalist’ candidate, in the August primaries ahead of Argentina’s October 2023 general election, can be largely credited to his commitment to dollarize the Argentine economy, a move perceived as the ultimate solution to bring an end to the nation's economic turmoil. The potential shift from the local currency to the dollar has sparked concerns about Argentina's bilateral currency swap line with China. This swap l ...
  • September 22, 2023
     Opening Remarks Karim El Aynaoui, Executive President, Policy Center for the New South Session 1: Challenges of Monetary Policy: Navigating Inflation Dynamics in the Face of Supply Shocks The confluence of COVID-19 pandemic and the ongoing Russia-Ukraine conflict has resulted in a su...
  • Authors
    Sous la direction de
    Omar Awadallah
    Muhammad Ba
    Farah Bashir
    Said El Hachimi
    Mostafa El Sayed Abo El Soud
    Saloi El Yamani
    Pierre Jacquemot
    Divine Ngenyeh Kangami
    Hafsa Maalim
    Samuel Muriithi
    Solomon Muqayi
    Brian Kelly Nyaga
    September 21, 2023
    Cette édition du Rapport économique de l’Afrique est construite autour d’une thématique d’une grande actualité : les conséquences des incertitudes et des risques aussi bien sanitaires que climatiques et sécuritaires sur les économies du continent. L’exercice est d’autant plus légitime que la recomposition de l’ordre mondial questionne la place du continent à l’échelle planétaire, sur les plans économique, social et environnemental. L’économie mondiale est confrontée à des défis glo ...
  • September 15, 2023
    The global economy is on the path to recovery following the dual challenges of the COVID-19 pandemic and Russia's invasion of Ukraine. While there are promising signs of short-term progre ...
  • Authors
    Jaime Bonet
    Geoffrey J. D. Hewings
    August 30, 2023
    This Book was originally published on springer.com   This book examines regional structural challenges on Colombia’s path to sustainable social cohesion and regionally inclusive growth. These challenges can be divided into three main groups: (i) those that focus on competitiveness and the supply side, (ii) those that arise from critical business cycle issues on the demand side, and (iii) those concerning environmental sustainability, employment and social inclusion.  The contribu ...
  • August 29, 2023
    In this conversation, Ms. Lina Khatib, the Director of SOAS University's Middle East Institute, delves deep into pressing regional issues. She highlights what policymakers can do to ensure the equitable distribution of economic development benefits and prevent any regression. Khatib als...
  • August 28, 2023
    Le secteur informel joue un rôle crucial dans le développement économique et social du Maroc en tant que filet de sécurité pour de nombreux travailleurs. Cependant, sa concentration dans de petites entreprises qui manquent de moyens de production sophistiqués peut entraver la croissance...
  • Authors
    August 17, 2023
    Défis et opportunités économiques en Afrique : Renforcer la stabilité financière pour un développement durable L’Afrique est un continent qui connaît de nombreux défis économiques et sociaux, mais aussi de grandes opportunités de développement. Pour réaliser son potentiel, le continent a besoin de renforcer sa stabilité financière, c’est-à-dire sa capacité à faire face aux chocs internes et externes qui peuvent affecter sa croissance et son développement. (Figure 1) La stabilité f ...
  • Authors
    July 27, 2023
    Tea for two was planned in a friend’s house in California’s Beverly Hills, but, surprise, we were joined by one of the great futurist of America, a science fiction master, who turned “Fahrenheit 451” into a bestseller and himself into an admired visionary - Ray Bradbury. Bradbury who? Time is erasing memories, even of great minds - we met in the 80s at Harold Nebenzal, the producer (Cabaret) and author (Café Berlin) whose father produced German  film classics as “M” (1931) and “Das ...
  • July 20, 2023
    Artificial intelligence (AI) is playing an increasingly important role in our daily lives. Having experienced considerable growth in recent years, artificial intelligence corresponds to technologies capable of processing hybrid sources, particularly unstructured data. Complex tasks are thus delegated to increasingly autonomous technological processes, capable of driving economic and social development. In current African society, AI is becoming more popular and seeking to cover all ...
  • July 18, 2023
    Le secteur informel est une composante essentielle de l'économie marocaine, employant une large partie de la population, mais nuisant à la productivité, aux recettes fiscales de l’État et à la croissance économique à long terme. Sur la base de la définition adoptée dans cette étude et qui définit les travailleurs informels comme étant ceux qui ne sont pas couverts par les régimes contributifs de sécurité sociale de la Caisse nationale de sécurité sociale (CNSS) et d ...
  • Authors
    Marianna Albuquerque
    Rogerio Studart
    July 5, 2023
    This policy brief was originally published on t20ind.org   Despite the perception of abundant financial resources and technology worldwide, building quality project pipelines of sustainable infrastructure and securing funding for them remains a challenge for most developing countries. One potential solution to these obstacles is international cooperation among governments through enhancing cooperation among their national, regional, and multilateral development banks, which alread ...
  • Authors
    Zakaria Elouaourti
    July 1, 2023
    This paper was originally published on erf.org.eg   The digital divide in the financial sector has occurred through the development of financial technologies. These latest “FinTech” refers to technological innovations that have emerged in the financial system in recent years, which are the new channels for providing financial services. These innovations have disrupted traditional financing models by making financial transactions more secure and by reducing spatiotemporal constrain ...
  • Authors
    Gladys Lopez-Acevedo
    Marco Ranzani
    Nistha Sinha
    Adam Elsheikh
    June 23, 2023
    This report was originally published on openknowledge.worldbank.org The long-standing informality debate in the Middle East and North Africa (MENA) Region has taken on a new urgency as it looks for a pathway to more socially inclusive growth that is less reliant on fossil fuels. This is occurring against a backdrop of subpar labor market outcomes, further growth setbacks, and deteriorating fiscal and current account de ficits in the aftermath of the COVID-19 pandemic—and in the wak ...
  • June 13, 2023
    يعد ميثاق الاستثمار الجديد، الصادر، في دجنبر 2022، والذي تم تطبيق أول مراسيمه، في يناير المنصرم، خارطة الطريق الإستراتيجية لإعطاء نفس جديد للاستثمار بالمغرب، الذي من شأنه أن يعزز تنافسية ...
  • June 6, 2023
      يعد ميثاق الاستثمار الجديد، الصادر، في دجنبر 2022، والذي تم تطبيق أول مراسيمه، في يناير المنصرم، خارطة الطريق الإستراتيجية لإعطاء نفس جديد للاستثمار بالمغرب، الذي من شأنه أن يعزز تنافسية الاقتصاد الوطني، فضلا عن تثمين دور الفاعلين في القطاع الخاص، وكذا منظومة الإنتاج المغربية. من أجل...