RELATED CONTENT : Trade

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    4:30 pm February 2022

    La guerre commerciale sino-américaine annonce-t-elle la fin du système commercial d’après-guerre?

    Les hostilités commerciales entre la Chine et les États-Unis, qui se sont intensifiées sous la présidence de D. Trump et qui se sont poursuivies sous l'administration américaine actuelle, marquent un tournant dans la libéralisation de l'économie mondiale depuis la fin de la Seconde Guerre mondiale. Le système commercial mondial est en ruine en raison de cette guerre commerciale, ainsi que du démantèlement du processus de règlement des différends de l'Organisation mondiale du commerce et des violations fréquentes des règles par ses membres. Cependant le système commercial d'après-guerre ne touche pas à sa fin ; il évolue plutôt vers un ensemble d'interactions commerciales plus compliquées, politiques et controversées. La nouvelle structure sera très probablement basée sur une O ...
  • Rapport annuel sur l’économie de l’Afrique 2024
    Authors
    Sous la direction de
    Larabi Jaïdi
    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. ...
  • Biden's Presidency: Impact, Challenges, and Future Trends
    June 19, 2024
    Our Senior Fellow, Mr. Dominique Bocquet, presents his report, "Assessing Biden’s Presidency: A Method," offering a thorough analysis of President Joe Biden's administration. The report evaluates Biden's domestic and international policies, highlights key challenges and opportunities, a...
  • Potential or Peril: Carbon Trading in Africa
    Authors
    Mannat Jaspal
    June 11, 2024
    Carbon trading have long been touted as a silver bullet to channelise climate finance to African countries lacking the capital to support climate mitigation and adaptation efforts. The erstwhile ‘Kyoto Protocol’ and its successor ‘The Paris Agreement’, though much more comprehensive and wider in scope, both recognize the importance of carbon trading (a form of carbon pricing) in combatting climate change, and in the Paris Agreement the same is enshrined under Article 6 and its sub-c ...
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    Behind the New US Tariffs on Chinese Products
    Authors
    Hinh T. Dinh
    May 31, 2024
    President Biden's announcement of new tariffs on China, though not economically significant on its own, symbolizes the deepening decoupling of the U.S. and Chinese economies. These tariffs, supported by both major political parties, represent the latest step in a broader strategy that favors policy interventions over traditional free-market principles and aims to protect domestic workers, maintain technological leadership, and prioritize economic security. This policy brief discusse ...
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    Fostering investment and inclusivity in Africa’s Continental Free Trade Area
    Authors
    Larabi Jaïdi
    Bruce Byiers
    Saloi El Yamani
    May 14, 2024
    As the African Continental Free Trade Area (AfCFTA) enters its fifth year, the rules of origin for trade in goods are still being finalised, but the institutional architecture is nearly complete with increased capacity, technical committees and new supporting instruments. Despite this progress in AfCFTA ‘policy supply’, meaningful trade under the AfCFTA is still to begin. For this to happen, there must be ‘policy demand’ from the private sector to use the agreement’s range of protoc ...
  • Bridging the Divide between Environmental Sustainability and Economic Growth
    Authors
    Rim Berahab
    May 6, 2024
    The issue of environmental degradation represents a significant global challenge. It manifests in various forms, including physical alterations such as air pollution, ozone depletion, climate change, marine pollution and biodiversity loss. These changes are proven to be linked to human activities, such as energy production and consumption, tourism and agriculture. Additionally, factors like population growth and health and safety concerns contribute to environmental decline. Is Gro ...
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    Assessing Biden’s Presidency: A Method
    Authors
    Dominique Bocquet
    April 18, 2024
    The writing of this Report started in november 2023 and benefited during six months from the quality of discussions in the Policy center. Paul Isbel, Professor at UM6P, was a relentless proofreader who generously brought his outstanding competence in economy and political economy. Stephen Gardner went beyond his role as linguistic proofreader and showed an admirable understanding of the substance at stake. Under the direct supervision of Professor Abdelaziz Aitali, the Economic Depa ...
  • Red Sea Risks: Security Challenges and the Global Trade Equation
    Authors
    Sara Hasnaa Mokaddem
    Helmut Sorge
    March 29, 2024
    Interview with Sara Mokaddem, Manager of the Monitoring and Strategic Analysis Unit at the Policy Center for the New South, conducted by our columnist Helmut Sorge.   Oil tankers, mega cruise ships, and giant container vessels that once moved through secure waterways—the lifelines of global trade—are now menaced by missile and drone attacks, carried out by Houthi forces in Yemen. Meanwhile, pirates are active off the shores of Somalia, and Singapore or Hong Kong flagged vessels, a ...
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    Trade and the Persistence of the MENA ‘Gender Equality Paradox’
    Authors
    Mina Baliamoune
    February 14, 2024
    Greater female participation in the labor market and in international trade have been recognized as important drivers for economic growth and essential targets in the context of the United Nations Sustainable Development Goals (SDGs). However, achieving both targets simultaneously will be difficult, if not impossible, in most Middle East and North African (MENA) countries without additional policies to eliminate the remarkably high levels of gender inequality in the labor market. I ...
  • L’Initiative « Ceinture et Route » boucle sa 10ème année
    Authors
    Redouan Najah
    January 31, 2024
    En octobre 2023, la Chine a organisé le 3ème forum de l'Initiative « Ceinture et Route ». Le choix de la date n’était pas anodin, étant donné qu’elle coïncidait avec la célébration du 10ème anniversaire de l'Initiative. Une initiative aux multiples composantes L’Initiative « Ceinture et Route », également connue sous l’acronyme BRI (Belt and Road Initiative), a été initialement conçue pour permettre à la Chine de renforcer ses liens commerciaux avec les Etats partenaires de son I ...
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    10ème anniversaire de l’Initiative « Ceinture et Route » : bilan et perspective
    Authors
    Redouan Najah
    January 19, 2024
    La pandémie de la Covid-19 était venue contribuer au ralentissement de la cadence des investissements chinois dans le cadre de l’Initiative Ceinture et Route « Belt and Road Initiative (BRI) ». Entamée dès 2016, cette tendance à la baisse a été accentuée par les tensions géopolitiques et les problèmes internes qui ont affecté l'économie chinoise. Nonobstant ces contre-temps, la Chine a atteint l’un de ses plus grands objectifs : étendre son influence à travers le monde. À l’occasion ...
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    From Global to Local: Downscaling TiVA Indicators for Morocco Using an Interregional Input-Output Model
    Authors
    Elhoussaine Wahyana
    Eduardo Amaral Haddad
    January 12, 2024
    The debate on global value chains (GVCs) has emphasized countries’ contributions to value-added creation. From an intercountry perspective, a new body of research is addingto this debate by studying how subnational regions contribute to the indicators in specific countries. Proper assessment of economic contributions is essential for designing incentive policies. This paper analyzes the role played by the main trading partners of Moroccan regions in local value chains. We use input- ...
  • Industrialisation in Africa: How Can the G20 Assist?
    Authors
    Hinh T. Dinh
    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 ...
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    Resilience and Realignment of Global Trade
    Authors
    Otaviano Canuto
    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 ...
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    A Tale of Two Technology Wars: Semiconductors and Clean Energy
    Authors
    Otaviano Canuto
    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 ...
  • Growth Implications of a Fractured Trading System
    Authors
    Otaviano Canuto
    September 21, 2023
    If we want to understand the implications for growth—particularly the costs—of moving towards a fractured trading system, we can use as a benchmark what happened during the period of what is usually called hyper-globalization or globalization 2.0. Here, I'll try to highlight the relevant aspects, to use them as a benchmark to shine a light on the costs of increasing fragmentation of the trading system. So, what was hyper-globalization or, as Professor Richard Baldwin from the Genev ...
  • Rapport annuel sur l’économie de l’Afrique 2023
    Authors
    Sous la direction de
    Larabi Jaïdi
    Nezha Alaoui M’hammdi
    Fahd Azaroual
    Omar Awadallah
    Muhammad Ba
    Farah Bashir
    Oumayma Bourhriba
    Otaviano Canuto
    Karim El Aynaoui
    Said El Hachimi
    Mostafa El Sayed Abo El Soud
    Saloi El Yamani
    Tayeb Ghazi
    Pierre Jacquemot
    Larabi Jaïdi
    Abdessalam Saad Jaldi
    Divine Ngenyeh Kangami
    Hafsa Maalim
    Badr Mandri
    Iván Martín
    Fatima Ezzahra Mengoub
    Samuel Muriithi
    Solomon Muqayi
    Brian Kelly Nyaga
    Ahmed Ouhnini
    Hamza Saoudi
    Isabelle Tsakok
    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 ...
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    L’Afrique n’entend pas renoncer aux hydrocarbures
    Authors
    Francis Perrin
    September 4, 2023
    À  l’approche du Sommet africain du climat (Africa Climate Summit), qui se tiendra à Nairobi du 4 au 6 septembre 2023, de très nombreuses organisations non gouvernementales (ONG) ont écrit au président du Kenya, William Ruto, pour lui faire part de leurs inquiétudes concernant l’ordre du jour de ce sommet. Selon ces ONG, les intérêts des entreprises et des pays occidentaux pourraient prendre le pas sur ceux de l’Afrique. Les vraies priorités sont notamment d’éliminer progressivement ...
  • Crossing the Nuclear Rubicon
    Authors
    Helmut Sorge
    August 31, 2023
    Kim Ju-ae, supposed daughter of North Korean dictator Kim Jong-un, was introduced by her father for the first time to the world and 26.1 million citizens of the Democratic People’s Republic of Korea (DPRK) on November 19, 2022. Her first public appearance was unusual: at the launch of an intercontinental ballistic missile (ICBM) costing up to $10 million (Los Angeles Times, November 4, 2022). Unlike a DPRK spy satellite launched on May 30, 2023, which broke up in midair before reach ...
  • Rising Use of Local Currencies in Cross-Border Payments
    Authors
    Otaviano Canuto
    August 29, 2023
    At the August 22-24 BRICS summit in Johannesburg, the leaders of Brazil, Russia, India, China and South Africa said they wanted to use more of their national currencies for cross-border payments, which are currently dominated by the U.S. dollar and other global convertible currencies. Like China and the other BRICS, several other countries have also sought to develop alternative external payment mechanisms. Pairs of countries have agreed to settle commercial and financial transactio ...
  • Driving For a Dream
    Authors
    Helmut Sorge
    August 18, 2023
    Industrial history was written on Monday, May 15, 2023. Mohammed VI, the king of Morocco, celebrated in the Royal Palace a car from Neo Motors, the first ‘Made in Morocco’ car brand, helping drive the nation towards economic prosperity and social stability. Neo Motors vehicles, financed and built by Moroccan entrepreneurs, will soon compete globally with German, Italian, Japanese and Korean cars. The ‘Neon’ (offered for an estimated 170,000 dirhams, or $15,000) will be assembled and ...
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    GVCs, Resilience, and Efficiency Considerations: Improving Trade and Industrial Policy Design and Coordination
    Authors
    Otaviano Canuto
    Mahmoud Arbouch
    Pepe Zhang
    Abdelaaziz Ait Ali
    June 26, 2023
    The COVID-19 pandemic and the war in Ukraine have reignited the debate on efficiency versus resilience in international trade and global value chains (GVCs). This policy brief[a] (i) explains the contrasting perspectives of the private sector (primarily seeking efficiency) and the public sector (aiming for resilience); (ii) demonstrates that GVCs are still flourishing, despite some mounting signals of a geo-fragmentation leading to greater reallocation of the GVCs; and (iii) provide ...
  • External Debt Management in Africa: A Proposal for a ‘Debt Relief for Climate Initiative’
    Authors
    Otaviano Canuto
    Hinh T. Dinh
    Karim El Aynaoui
    Hafez Ghanem
    Badr Mandri
    June 20, 2023
    This policy brief was originally published on T20 India website   A decade of poor growth, increased poverty, and political instability followed the serious debt difficulties that emerged worldwide in the 1980s. There are concerns that the looming debt crisis could create similar challenges and result in even more severe consequences. However, the current economic climate differs in many ways from that of the 1980s, when international banks and Paris Club creditors held most of th ...
  • Commerce et environnement : sont-ils inconciliables ?
    June 15, 2023
    Dr. Zaki Chahir, professeur en économie, a récemment publié un article intitulé "What Type of Trade is Promoted by Environmental Regulations" (Quel type de commerce est favorisé par les réglementations environnementales ?), dans lequel il examine l'impact de la rigueur environnementale ...
  • Morocco: Boosting private-sector competitiveness for export success
    Authors
    Pierre Sauvé
    Uri Dadush
    May 29, 2023
    Morocco has made important strides in reducing poverty in the last three decades, thanks in large part to trade and industrial policies aimed at durably inserting the country into world flows of goods, services, and cross-border investment. Since 1992, per capita incomes have tripled (in current US$), contributing to a threefold drop in the Kingdom’s poverty headcount. The country of 37 million features consistently as one of the better-performing and more stable economies in the No ...
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    Trade Policy in Morocco: Taking Stock and Looking Ahead
    Authors
    Abdelaaziz Ait Ali
    Oumayma Bourhriba
    Inkyo Cheong
    Uri Dadush
    Lillyana Daza Jaller
    Larabi Jaïdi
    Siwook Lee
    Jamal Machrouh
    Jean-Christophe Maur
    Fatima Ezzahra Mengoub
    Martin Molinuevo
    Sahar Sajjad Hussain
    Pierre Sauvé
    Shane Sela
    Aleksandar Stojanov
    Iryna Klytchnikova
    Edited by Pierre Sauvé and Uri Dadush
    May 23, 2023
    The broad thrust of Morocco’s trade and industrial policies over the last thirty years has been to anchor Morocco into world flows of goods, services, and cross-border investment. Despite the challenges posed by the COVID-19 pandemic, rising international prices, and a complex geopolitical environment, Moroccans continue to derive significant benefits from their economy’s openness. These include improved consumer choice and welfare, the growing insertion of Moroccan firms into cross ...
  • Mexico, a Magnet for Electric Vehicles Investments
    Authors
    Nallely Garza
    April 20, 2023
    Nallely Garza is a 2022 alumna of Atlantic Dialogues Emerging Leaders program. Learn more about her here. On March 1, Elon Musk, CEO of Tesla, confirmed during Tesla’s Investors Day the construction of its next Gigafactory in Monterrey, Mexico, which will represent an investment of 5 billion dollars and the creation of around 6,000 new jobs. The question is, “Why Mexico”? What are the factors that made Mexico win this investment against other countries? Mexico’s automotive indus ...
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    North Africa’s Invisible Partner: Exploring India’s Political and Economic Influence in the Region
    Authors
    Abdessalam Saad Jaldi
    Hamza Mjahed
    April 10, 2023
    This policy paper examines India’s growing engagement in North Africa, focusing on five countries: Morocco, Algeria, Tunisia, Libya, and Egypt. Despite lacking a distinct regional policy for North Africa, India has amplified its bilateral engagement with these countries, underpinned by a steadfast commitment to the principle of South-South cooperation. Through its strategic moves in North Africa, India has established a powerful southern-west axis for its foreign policy that stretch ...
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    Les monnaies numériques des banques centrales : où en est-on ? Où va-t-on ?
    Authors
    Christian de Boissieu
    April 4, 2023
    Face à l’essor des cryptomonnaies, les banques centrales sont en train de réagir en lançant leurs propres monnaies numériques. L’objet de ce Policy Brief est de faire le point sur la préparation des monnaies numériques de banques centrales (MNBC) par les autorités monétaires, un processus qui concerne tous les pays, émergents, en développement, et plus avancés. Il s’agit aussi d’analyser les conditions et certaines des conséquences (pour les banques, pour l’inclusion fin ...
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    Central Bank digital currencies: where do we stand? Where are we going?
    Authors
    Christian de Boissieu
    April 4, 2023
    Faced with the rise of cryptocurrencies, central banks are responding by launching their digital currencies. The purpose of this Policy Brief is to provide an update on the preparation of central bank digital currencies (CBDs) by monetary authorities, a process that concerns all emerging, developing, and more advanced countries. It is also about analyzing the conditions and some of the consequences (for banks, for financial inclusion, for the conduct of monetary policy...) of such a ...
  • The global economy faces a lost decade
    Authors
    Otaviano Canuto
    April 4, 2023
    In 2010, when I was one of the vice presidents at the World Bank, colleagues I and published a very upbeat book  about the possibility of emerging and developing economies replacing advanced countries as engines of global economic growth. While the latter would be grappling with the aftermath of the global financial crisis, the former, already growing at a faster pace in the previous decade and accounting for more than half of the annual increases in global GDP, had largely shown an ...
  • Globalization - yesterday and tomorrow?
    February 27, 2023
    In this interview recorded during the Atlantic Dialogues, Mr. Helmut Sorge, Columnist at the PCNS interviews Mr. Masood Ahmed, President of the Center for Global Development about his insights on Globalization between yesterday and tomorrow. In fact, although the process of linking coun...
  • AfCFTA and the Creeping Power Play: Africa, the European Union, and China
    Authors
    Selassie Tay
    February 15, 2023
    Background The African Union in 2018 agreed to implement the world’s second-largest free-trade area measured by number of countries, people, and geographical size, with the signing of the African Continental Free Trade Agreement (AfCFTA). This agreement will ultimately lead to a continent-wide free trade area consisting of 54 countries with 1.3 billion people and a combined GDP of $3.4 trillion[1]. This equates to about 19%-20% of the GDP of the European Union and China, which are ...
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    Valuing the Economic Cost of Remoteness: A Case Study of the Tiznit-Dakhla Expressway in Morocco
    Authors
    Eduardo Amaral Haddad
    Mahmoud Arbouch
    Ademir A. Rocha
    Vinicius A. Vale
    December 22, 2022
    There is a long tradition in transportation planning research in quantifying remoteness in the context of accessibility indicators. Considering an existing system’s network structure and its components’ performance, it is possible to assess the socio-economic impacts of changes in the physical characteristics of specific links that affect critical locations. Nonetheless, the connection between changes in accessibility and their socio-economic consequences frequently relies on using ...
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    Regional market integration within the AfCFTA to further agri-food transformation and food security - The case of the Republic of Madagascar
    Authors
    Isabelle Tsakok
    November 11, 2022
    If the recent peaceful transfer of power in Madagascar heralds a new trend, then the Malagasy people can dream big. For decades, the exercise of economic-cum-political power in the hands of a tiny elite has held the entire nation hostage. Today, the high poverty rate—around 80% (2021) stands in stark contrast to the natural resource abundance of this huge enormous island. There is hope, however, that with political stability, the Plan d’Émergence Madagascar (PEM) President Andry R ...
  • Rapport annuel sur l’économie de l’Afrique
    Authors
    Sous la direction de Larabi Jaïdi
    Larabi Jaïdi
    Abdelaaziz Ait Ali
    Nezha Alaoui M’hammdi
    Muhammad Ba
    Rim Berahab
    Oumayma Bourhriba
    Marouane Ikira
    Pierre Jacquemot
    Brian Kelly Nyaga
    Leo Kemboi
    Moubarack Lo
    Mouhamadou Ly
    Badr Mandri
    Fatima Ezzahra Mengoub
    Solomon Muqay
    Dennis Njau
    Meriem Oudmane
    Ahmed Ouhnini
    Kwame Owino
    Faith Pittet
    Hamza Saoudi
    Amaye Sy
    Akram Zaoui
    September 29, 2022
    La succession des chocs pandémique, climatique et géopolitique a éprouvé les économies africaines. Les liens commerciaux et financiers avec le monde ne sont plus seulement considérés comme des moteurs de performance, mais aussi comme des sources potentielles de vulnérabilité. La défiance à l’égard de la mondialisation s’est accrue. Parce qu’elle est venue souligner la dépendance du continent, le dérèglement de ses rapports à la nature et sa vulnérabilité face aux tensions géopolitiq ...
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    La politique du commerce extérieur : performances et dysfonctionnements institutionnels
    Authors
    Larabi Jaïdi
    September 26, 2022
    Le Maroc a entamé la libéralisation de son commerce extérieur dès le début des années 80 du XXième siècle. Les négociations commerciales des Accords de libre-échange et les engagements contractés auprès de l’Organisation mondiale du commerce (OMC) ont constitué des moments forts dans le processus d’introduction de réformes plus substantielles au régime du commerce extérieur (engagements sur des horizons de démantèlement, établissement des listes, réforme des barr ...
  • Maroc-Corée du Sud : Un partenariat Afro-Asiatique en construction
    September 23, 2022
    A l’occasion de l’anniversaire des 60 ans des relations diplomatiques et économiques entre la République de Corée et le Royaume du Maroc, une rencontre est organisée par le Policy Center for the New South en collaboration avec le Korean Institute for International Economic Policy (KIEP)...
  • Morocco-Korea: An Afro-Asian Partnership Under Construction
    September 23, 2022
    Relations between Rabat and Seoul have been in a state of considerable flux in every aspect since the establishment of diplomatic relations between the two countries in July 1962. The Korean embassy in Rabat is Seoul's first permanent diplomatic representation on the African continent. ...
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    Défis, opportunités, impacts et facteurs de succès de la ZLECAf
    Authors
    Moubarack Lo
    Amaye SY
    September 5, 2022
    Le 1er janvier 2021, les pays africains ont lancé la Zone de libre-échange continentale africaine (ZLECAf). Les caractéristiques actuelles des économies africaines mettent, en effet, en évidence un potentiel d'échanges plus intenses, complexes et diversifiés entre les pays du continent. Elles révèlent en même temps de nombreux handicaps tels que le faible niveau d'industrialisation ou de création de valeur régionale. Plusieurs études d'impact ont été menées sur les e ...
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    Regional market integration within AfCFTA to further agri-food transformation and food security The case of the Republic of Rwanda
    Authors
    Isabelle Tsakok
    August 30, 2022
    Rwanda is famous for its remarkable socio-economic performance after the ravages of the Genocide against the Tutsis and moderate Hutus in 1994. Under the leadership of President Paul Kagame, Rwanda has followed a state-led development model with stunning results. Despite these substantial accomplishments, Rwanda is still a low-income country with extensive poverty. Its agriculture is still of low productivity and highly vulnerable to climate change. Structural transformation has we ...
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    The future of global value chains and the role of the WTO
    Authors
    Uri Dadush
    August 23, 2022
    Disruptions to global value chains (GVCs) – caused by conflicts, natural disasters, and accidents that close transport routes – and that affect specific regions or sectors, are not unusual. However, in recent years and amid the Covid-19 pandemic, they have become more frequent and severe. High profile, sizeable, and repeated disruptions raise pressing questions: Is the breakdown in many GVCs a temporary glitch, or a permanent phenomenon? Have GVCs become endemically more accident pr ...
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    Guerre en Ukraine et sanctions contre la Russie : quel avenir pour le pétrole ?
    Authors
    Afaf Zarkik
    August 2, 2022
    L’invasion russe de l'Ukraine a incité l'Union Européenne, en coordination avec d’autres puissances mondiales, à monter en urgence une réponse coordonnée de sanctions sans précédent. La plus emblématique d'entre elles est l'embargo partiel contre le pétrole et autres produits raffinés russes, qui signifie en essence la transition du commerce pétrolier d’une logique économique vers une logique géopolitique. D'où la montée en flèche des cours du pétrole et d'autres matières premières. ...
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    Covid-19 et crise en Ukraine : quels impacts sur la marche de l’Afrique vers l’émergence économique et sociale durable ?
    Authors
    Moubarack Lo
    Amaye SY
    August 1, 2022
    Avant la pandémie Covid-19, le continent abritait les économies à la croissance la plus rapide du monde et plusieurs pays africains montraient les premiers signes de transformation structurelle et de progrès vers l’émergence économique. Plus de deux ans après la pandémie et les ondes de choc qui en ont résulté, deux questions cruciales se posent : dans quelle mesure le choc sanitaire Covid-19, exacerbé par la crise ukrainienne, a-t-il constitué un tournant dans le processus général ...
  • حديث الثلاثاء: آفاق التعاون بين كوريا الجنوبية و إفريقيا
    July 29, 2022
    يخصص مركز السياسات من أجل الجنوب الجديد حلقة برنامجه الأسبوعي "حديث الثلاثاء"   لمناقشة آفاق التعاون بين كوريا الجنوبية و إفريقيا مع المصطفى الرزرازي، الباحث البارز بمركز السياسات من أجل الجنوب الجديد. شهدت العلاقات الكورية الإفريقية إنطلاقاً من العقد الأول من الألفية تطوراً ملحوظاً ات...
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    Outcome of the WTO 12th Ministerial Conference. What's in it for Africa and Morocco?
    Authors
    Said El Hachimi
    July 27, 2022
    Sleepless nights and the tireless search for compromise allowed WTO members to agree on concrete deliverables during the WTO 12th Ministerial Conference held last June. Those results reinforce Multilateralism. And this is a significant gain given the multiplicity of global crises that surround us. The Outcome include 6 Agreements, Declarations and Ministerial Decisions that respond to some of today's challenges, notably on Fisheries and Ocean Sustainability as well as responses to P ...
  • Slowbalization, Newbalization, Not Deglobalization
    Authors
    Otaviano Canuto
    June 1, 2022
    IMF Managing Director Kristalina Georgieva’s message to the Davos meeting last week referred to the upside risks of “geoeconomic fragmentation”  due to the war in Ukraine. Considering the ongoing rivalry between the United States and China and the alliance between the latter and Russia, the narratives about a West-East division in the global economy have become louder with an end and reversal of globalization. After the 2008 global financial crisis, the belief that globalization an ...
  • Impact of the Ukraine crisis on Food Security
    Nihal El Mquirmi, Isabelle Tsakok, & Rabi Mohtar
    May 20, 2022
    Traders have worried that the war involving Russia and Ukraine could stoke inflation, further disrupt supply chains and derail the global economic recovery. Scarcity of food has led to ri ...
  • The Global Food Price Shock
    Authors
    Otaviano Canuto
    May 18, 2022
    The world food price index collected for the last 60 years by the United Nations Food and Agriculture Organization (FAO) hit its highest record in March, declining gently in April. Pandemic, war and death in Ukraine, and droughts in the last 2 years… Such a combination looks apocalyptical. Now it is adding global hunger risks, because of the food price crisis. The rise in global food prices started in mid-2020 because supply chain disruptions triggered food stockpiling. Mobility r ...
  • Biggest Commodity Price Shock in Fifty Years
    Authors
    Otaviano Canuto
    May 6, 2022
    In addition to the deaths and destruction in Ukraine, the Russian invasion has caused several significant shocks to the global economy. In addition to the geopolitical consequences of the war, reinforcing the downward trend in trade globalization and financial integration, new rounds of disruptions to supply chains and higher commodity prices have already led to downward revisions in economic growth projections, accompanied by higher inflation. The commodity price shock, intensify ...
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    Dollarization of Argentina: Revival of a Zombie Idea
    Authors
    Otaviano Canuto
    Sebastian Carranza
    April 28, 2022
    Last March, a proposal of dollarizing Argentina’s economy arrived at its Congress. We summarize here the potential consequences of such a route in case the bill succeeds in getting approval. First, we point out the broad implications of dollarizing an economy. Then, we set out some cases of Latin American experiences with dollarization. Finally, we address the case of Argentina. The main potential benefit of dollarization would be elimination of domestic inflation, but at a very hig ...
  • Atlantic Currents Podcast : Abdelhak Bassou et l’Afrique des fossés
    April 25, 2022
    Retrouvez en exclusivité l’interview de Abdelhak Bassou, Senior Fellow au Policy Center for the New South, qui se livre à Helmut Sorge, Columnist au Policy Center for the New South, au sujet des multi-disparités présentes en Afrique. Abdelhak Bassou est l’auteur du Chapitre 5 du rapport...
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    Morocco Emergence in Global Value Chains: Four exemplary industries
    Authors
    Abdelmonim Amachraa
    Bertrand Quelin
    April 20, 2022
    Global value chains (GVCs) are intended to fragment global production among several countries and companies. In this context, national economies have begun processes of insertion and specialization with both social and green objectives, because multinationals (MNEs) create significant negative externalities. Morocco has chosen to develop an integrated economy in global businesses. This country relies on a long-term political vision and some modern infrastructures. The government pro ...
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    The experience of the Oriental Republic of Uruguay: Market integration within MERCOSUR and with other global partners Insights for AfCFTA countries?
    Authors
    Isabelle Tsakok
    March 11, 2022
    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 ...
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    The experience of the Argentine Republic: Market integration within MERCOSUR and with other global partners Insights for AfCFTA countries?
    Authors
    Isabelle Tsakok
    March 8, 2022
    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 ...
  • ATLANTIC CURRENTS 8th Edition : The Wider Atlantic in a Challenging Recovery
    Authors
    Abdelhak Bassou
    Afaf Zarkik
    Ahmed Ouhnini
    Alessandro Minuto-Rizzo
    Bernardo Sorj
    Frannie Léautier
    Iskander Erzini Vernoit
    Karim El Aynaoui
    Kassie Freeman
    Larabi Jaïdi
    Mohammed Loulichki
    Nathalie Delapalme
    Nouzha Chekrouni
    Otaviano Canuto
    Oumnia Boutaleb
    Oussama Tayebi
    J. Peter Pham
    Rim Berahab
    Uri Dadush
    March 7, 2022
    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 ...
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    Les répercussions économiques de la guerre en Ukraine pour l'Afrique et le Maroc
    Authors
    Abdelaaziz Ait Ali
    Fahd Azaroual
    Oumayma Bourhriba
    Uri Dadush
    February 28, 2022
    La guerre russo-ukrainienne aura des répercussions économiques et politiques dans les années à venir. Dans cette note, nous nous intéressons aux implications économiques de la guerre sur l’économie africaine à court et à long terme. Le conflit survient alors que l’Afrique s’efforce de mettre son économie sur la voie de la reprise, dans un contexte de pressions inflationnistes mondiales et de volatilité des marchés financiers et des matières premières. Alors que les exportateurs d’én ...
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    The Economic Implications of the War in Ukraine for Africa and Morocco
    Authors
    Abdelaaziz Ait Ali
    Fahd Azaroual
    Oumayma Bourhriba
    Uri Dadush
    February 28, 2022
    The Russian-Ukrainian war will have major economic and political repercussions. In this note, we focus on the war’s economic short and long term implications on the African economy. This conflict comes at very arduous context, where Africa is still struggling to set its economy on the recovery path, amid global inflationary pressures and highly uncertain context. While natural resources countries, especially energy exporters, are sensing opportunities from the crisis, other countrie ...
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    Europe-Afrique : l’ère du leadership partagé entre les deux continents ?
    Authors
    Patricia Ahanda
    February 23, 2022
    Le Sommet Union européenne (UE) - Union africaine (UA), qui s’est tenu à Bruxelles les 17 et 18 février 2022, entend marquer un tournant dans les relations entre les deux continents. L’agenda européen pour l’année 2022 met au centre de ses priorités les relations Europe - Afrique. Celles-ci sont aussi l'un des principaux axes défendus par la Présidence française du Conseil de l’Union européenne (PFUE) et le Président français Emmanuel Macron dans de son discours inaugur ...
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    The Links between Elite Conflict, Education Policies and Economic Complexity: Analysis of the (Similar, yet Different) Developmental Trajectories of Mauritius & Singapore
    Authors
    Nassim Hajouji
    February 15, 2022
    Using education and elite configurations as the main variables of analysis, this Policy Paper aims to show how higher levels of popular sector incorporation during elite conflicts, namely in the process of formulating and implementing policies related to education reforms, can negatively affect the economic complexity of developing countries. To do so, it analyzes the experiences of Mauritius and Singapore and links foundational political economy theories, particularly developmental ...
  • Will emerging economies face a hard landing?
    Authors
    Otaviano Canuto
    January 26, 2022
    The year began with simultaneous signs of a slowdown in global economic growth and a reorientation toward tightening of monetary policies in advanced economies. In its latest Global Economic Prospects released on January 11, the World Bank forecasts that, after a global growth surprisingly at 5.5% last year, it should moderate to somewhere around 4.1% and 3.2%. % in, respectively, 2022 and 2023. In addition to the effects of omicron at the start of the year, less fiscal support and ...
  • Falcons and fighter jets
    Authors
    Helmut Sorge
    January 12, 2022
    Feeble eyesight may hinder you from finding Puntland on a map, the unrecognized Federal member state in Somalia, Khaatumo State, Jubaland, or Somaliland, concerning the planet’s size just large enough to be covered by the shadow of a palm tree. Arab entities surrounded by sun and sand and the Gulf of Aden, Somaliland is surviving as a self-declared nation, located on the southern coast of the Gulf of Aden bordered by Djibouti to the northwest, Ethiopia to the south and west, Somalia ...
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    La flambée des cours du café : de la météorologie au Brésil à la crise pandémique
    Authors
    Yves Jégourel
    December 29, 2021
    Après une longue période de prix atones, le café a vu ses cours se raffermir au cours de l’année 2020 et du premier trimestre 2021, avant de flamber durant l’été et l’automne. Il renouait alors avec des plus hauts niveaux depuis 2011, date de la fin du dernier « super-cycle des matières premières (2002-2011). Tandis que la demande progresse structurellement, l’offre s’est repliée, pénalisée par une conjonction de facteurs climatiques, géopolitiques et, bien évidemment, sanitaires en ...
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    Trade, Infrastructure, and Female Participation in Labor Markets
    Authors
    Mina Baliamoune
    December 16, 2021
    We provide evidence on the direct and indirect effects of trade and infrastructure on women’s participation in the labor force. We use panel data from 91 developing and emerging economies, and examine the impacts of openness to international trade and three indicators of infrastructure (access to electricity, mobile phone subscriptions and internet use) on female labor force participation. Fixed-effects and instrumental variable fixed-effects estimates suggest that both trade and ac ...
  • AD 2021: Making AfCFTA Work
    December 13, 2021
    The African Continental free Trade Area (AfCfTA) finally entered into force on the first month of 2021, after the 22nd country ratified the agreement. It is a one of the flagship projects of the African Union 2063 agenda, but It is a first step on a long journey to African Economic inte...
  • La Chine & l'espace arabo-africain
    Authors
    Fathallah Oualalou
    November 30, 2021
    Pourquoi ce thème ? Pourquoi, alors que nous traversons une pandémie sans précédent, l'auteur a-t-il décidé de comprendre les liens entre la Chine, l'espace arabo-africain et les nouvelles routes de la soie ? À cause du Covid-19, le monde se trouve à un tournant historique et stratégique du processus de mondialisation. Selon ses observations (comme homme politique), cette pandémie est bien plus qu'une crise sanitaire, c'est une crise globale qui a des impacts sociaux, économiques, ...
  • AD 2021: The China-US Trade War: When Will it End?
    November 17, 2021
    The escalating US-China trade tensions has resulted in the rise of two separate spheres of influence in both trade and technology and contributed to reshaping the global trade landscape. In order to de-escalate the conflict, the two hegemonies signed the Phase One trade deal in January ...
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    The Republic of Mauritius and the African Continental Free Trade Area:Opportunities and Challenges in a post COVID-19 environment
    Authors
    Isabelle Tsakok
    November 4, 2021
    The African Continental Free Trade Area (AfCFTA) gives Mauritius the golden opportunity to access Africa’s vast market of 1.3 billion people, with an estimated GDP of $3.4 trillion. This opportunity could not have come at a better time, as Mauritius suffered a heavy blow from the COVID-19 pandemic in 2020. It also lost its preferential trade agreements on sugar and textiles in the 2000s, and has struggled with diminished export and productivity growth. To turn this opportunity into ...
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    The Republic of South Africa and the African Continental Free Trade Area: Opportunities and Challenges in a Post-COVID-19 Environment
    Authors
    Isabelle Tsakok
    November 1, 2021
    South Africa’s economy is in crisis. Like much of the world, it has been battered by the COVID-19 pandemic when its economy has already been weakened by years of low growth, high unemployment and rising inequality after the global financial crisis of 2007-08. At this difficult juncture, the Africa Continental Free Trade Area (AfCFTA) offers it the opportunity of becoming a continental growth pole, not just a regional growth pole which it is already. This opportunity could not have c ...
  • International Taxation from Global South Perspectives
    October 13, 2021
    Tax revenue mobilization plays a key role in financing the economic and social development of countries. Indeed, tax policy can have several implications on the behavior of economic agents, investment, jobs, innovation, and on the attractiveness of foreign direct investment. As result, ...
  • FR - International Taxation from Global South Perspectives
    October 13, 2021
    Tax revenue mobilization plays a key role in financing the economic and social development of countries. Indeed, tax policy can have several implications on the behavior of economic agents, investment, jobs, innovation, and on the attractiveness of foreign direct investment. As result, ...
  • ES - International Taxation from Global South Perspectives
    October 13, 2021
    Tax revenue mobilization plays a key role in financing the economic and social development of countries. Indeed, tax policy can have several implications on the behavior of economic agents, investment, jobs, innovation, and on the attractiveness of foreign direct investment. As result, ...
  • Banque mondiale : pourquoi il faut sauver le rapport Doing Business
    Authors
    Uri Dadush
    October 8, 2021
    Annoncé le 16 septembre dernier, l’arrêt définitif de l’enquête annuelle sur le climat des affaires est une erreur. Véritable référence pour l’analyse économique et entrepreneuriale dans 190 pays, c’est un instrument perfectible, mais indispensable. Dans la foulée d’une enquête indépendante menée par le cabinet d’avocats WilmerHale, qui pointait les pressions inopportunes exercées par la Chine et par d’autres pays lors de la préparation de son rapport annuel Doing Business, la Banq ...
  • Stratégie indo-pacifique de la France
    Abdessalam Jaldi & Céline Pajon (IFRI)
    October 08, 2021
    L'espace indo-pacifique est en phase de devenir le cœur battant du commerce international et le centre de la croissance économique mondiale. Dans cette perspective, la France et en tant q ...
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    Confronting “Deglobalization” in the Multilateral Trading System
    Authors
    Mehmet Sait Akman
    Bozkurt Aran
    Leonardo Borlini
    Carlos A. Primo Braga
    Uri Dadush
    Fernando De Mateo
    Alejandro Jara
    Douglas Lippoldt
    October 7, 2021
    The first two decades of this millennium were marked by major political, economic and geopolitical disruptions. This has led many analysts to predict that the world economy is entering a phase of “deglobalization” – that is, a retreat from the globalization process. This policy brief discusses how “deglobalization” affects the role and relevance of international trade institutions and agreements. The basic message is that investing in the improvement of the rules-based multilateral ...
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    Dubai Port World ou le levier diplomatique émirati en Afrique
    Authors
    Oumnia Boutaleb
    September 22, 2021
    Face à la concurrence mondiale croissante, les Emirats arabes unis (EAU) ont pu constater le retard enregistré dans le domaine maritime dans les points stratégiques traditionnels au début du 21ème siècle. Pour autant, le pays détient une position importante sur la scène internationale en ce qui concerne le transport maritime. Grâce à la DP World, instrument diplomatique émirati, le lancement d’initiatives permettant au pays de regagner une place et une implantation dans différents p ...
  • Investing in China: myths and realities
    Authors
    Uri Dadush
    Pauline Weil
    Uri Dadush
    September 14, 2021
    Concerns are real, but the country fares as well as peers at similar levels of development China holds a paradox: Western policy-makers and many firms decry discriminatory business practices — concerns that have culminated in a trade war between the US and China — yet foreign direct investment (FDI) in China continues to thrive. In the first quarter of this year, FDI into China soared by 40% compared to the same period a year prior and, as reported by Unctad, the country overtook t ...
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    Le corridor atlantique au service d’un partenariat UE-Afrique- Méditerranée
    Authors
    Tayeb Ghazi
    Fathallah Oualalou
    September 10, 2021
    Le bilan des relations Europe/Méditerranée et Europe/Afrique invite aujourd’hui à un renouveau de ces partenariats. Un renouveau car il y a retrait partiel de l’Europe en ce qui concerne les questions de développement du voisinage Méditerranée-Afrique dans un temps où les partenariats actuels [de Barcelone et celui de Cotonou] s’emboitent dans la logique du commerce (libre-échange) et de l’aide financière. Le renouveau du partenariat Euro-méditerranée-Afrique devrait s’inscrire dans ...
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    Trade and Labor Market Outcomes: Does Export Sophistication Affect Women’s Wage Employment?
    Authors
    Mina Baliamoune
    September 8, 2021
    We explore whether improved export sophistication increases women’s participation in wage employment. Using panel data from a large group of developing and emerging economies, and Fixed-effects and Generalized Method of Moments (GMM) estimators, we find that export sophistication has significant and mostly positive effects on women’s participation in paid employment in all regions, but these effects are nonlinear, since they become positive only after a threshold level of sophistica ...
  • Le mécanisme européen d’ajustement carbone aux frontières risque de faire plus de mal que de bien
    Authors
    Uri Dadush
    Uri Dadush
    September 6, 2021
    L’Union européenne (UE) a annoncé le 14 juillet une proposition de taxe carbone à ses frontières, qui devrait renchérir les importations de produits fortement émetteurs (acier, aluminium, ciment, électricité et engrais). Cette même taxe est déjà appliquée au sein de l’UE, qui veut désormais l’imposer aux fabricants étrangers. En soi, le projet part d’une bonne intention. Il n’est pas motivé par le protectionnisme, mais par des préoccupations climatiques on ne peut plus justiíées. S ...
  • AFTER THE COVID-19 PANDEMIC: HOW DOES THE WORLD CHANGE?
    Authors
    Len Ishmael
    July 16, 2021
    The BDA Currents: Where Diplomacy Meets Business, is the Brussels Diplomatic Academy’s annual report covering the wider geopolitical and other factors influencing and affecting the world of diplomacy, international relations and global business. The journal focuses on issues of topical interest around the centers of global power, influence and importance, including the continents of Europe and Africa, the Middle East, China, India & Asia, Russia and the Commonwealth of Independe ...
  • Presentation of the Free Trade Zone Risk Assessment Tool
    June 9, 2021
    The Policy Center for the New South (PCNS), in partnership with the Royal United Services Institute (RUSI), will hold a workshop at the occasion of the launch of the “Free Trade Zone Risk Assessment Tool”, scheduled to take place on Wednesday, June 9th 2021 at 3pm GMT. It has been demon...
  • Présentation de l’outil de gestion des risques des zones franches
    June 9, 2021
    The Policy Center for the New South (PCNS), in partnership with the Royal United Services Institute (RUSI), will hold a workshop at the occasion of the launch of the “Free Trade Zone Risk Assessment Tool”, scheduled to take place on Wednesday, June 9th 2021 at 3pm GMT. It has been demon...
  • AFRICAFÉ : Larabi Jaïdi décrypte l'actualité de la ZLECAf
    May 20, 2021
    Le Policy Center lance une nouvelle émission. Africafé, le nouveau rendez-vous bimensuel présenté par Youssef Tobi, spécialiste en relations internationales, décryptera l'actualité des organisations africaines et du continent avec des experts africains. Pour ce deuxième épisode, Larabi ...
  • Otaviano Canuto on Trade Globalization
    March 9, 2021
    In the 1990s and 2000s, the world manufacturing production partially moved from advanced countries to some developing countries, especially in Asia. This was the result of the combination of an increase of the labor supply in the global market economy, trade opening, and technological i...
  • The future of trade agreements
    Abdelaaziz Ait Ali et Marcus Vinicius de Freitas
    March 02, 2021
    The Covid-19 pandemic has severely damaged the global economy. Confinement policies, global value chains disruption and risk aversion in the financial systems markets have brought the glo ...
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    La Zone de libre-échange continentale africaine (ZLECAF) : regard juridique
    Authors
    Abdessalam Saad Jaldi
    Abdessalam Saad Jaldi
    February 24, 2021
    L'intégration régionale en Afrique est considérée comme une priorité par de nombreux responsables politiques et acteurs économiques du continent. Avec la signature de l'accord portant création de la ZLECAf par l'ensemble des pays africains, le défi consiste désormais à mettre en place un marché continental pour les biens et les services et à jeter les bases d'une union douanière continentale. Nombreux sont ceux qui, sur le continent, considèrent la ZLECAf comme un plan d'investissem ...
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    The African Continental Free Trade Agreement (AfCFTA): Legal Overview
    Authors
    Abdessalam Saad Jaldi
    Abdessalam Saad Jaldi
    February 5, 2021
    Regional integration in Africa is seen as a priority by many of the continent’s policymakers and economic stakeholders. With all Africa now signed up to the African Continental Free Trade Agreement (AfCFTA), the challenge now is to implement a continental market for goods and services and establish the foundations of a continental customs union. Many on the continent see the AfCFTA as an investment, economic-diversification, and job-creation blueprint that will shape the future of A ...
  • La ZLECAF : un engagement en faveur du commerce et d’une transformation structurelle inclusive
    Authors
    Tayeb Ghazi
    Tayeb Ghazi
    February 1, 2021
    L’entrée en vigueur de l’accord instituant la Zone de libre-échange continentale africaine (ZLECAF) s’inscrit dans la continuité des aspirations anciennes pour intégrer les marchés africains et faire de cette intégration un vecteur de prospérité et de développement. Il s’agit, en effet, d’une étape dont la traversée est inévitable en vue d’aboutir aux aspirations annoncées par l’Agenda 2063. C’est une étape qui concrétise, dans sa première phase, un engagement en faveur de la libre ...
  • Global Trade in the Post-Covid-19 Era
    Uri Dadush, Oumayma Bourhriba
    January 28, 2021
    The preventive policies implemented worldwide in response to the current pandemic have been devastating to global trade, leading many countries to rethink their national trade policies. T ...
  • Les Mardis du PCNS 26/01/2021 : منطقة التجارة الحرة القارية الأفريقية وتحديات الاندماج
    January 26, 2021
    أطلقت دول القارة الأفريقية في اليوم الأول من عام 2021 منطقة تجارة حرة قارية، بعد تأجيل دام عدة أشهر بسبب أزمة تفشي فيروس كورونا. وتسعى الدول الأفريقية من خلال هذه المنطقة لإقامة تكتل اقتصادي من ناحية عدد الدول والسكان ليكون أكبر منطقة للتجارة الحرة منذ تأسيس منظمة التجارة العالمية. وفقً...
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    Les implications du mode d’insertion du Maroc dans l’économie mondiale sur sa croissance et sur son développement : passé et avenir
    Authors
    Attioui Abdelali
    Billaudot Bernard
    Chafiq Adnane
    December 30, 2020
    Le présent rapport a pour objet d’analyser les implications sur la croissance et le développement du Maroc de son insertion dans l’économie mondiale. Cette analyse est menée en comparant la dynamique économique observée après 1998 à celle qui l’a été avant. En effet, la période 1998-2018 est celle au cours de laquelle se sont manifestés les effets du choix acté et assumé politiquement de l’ouverture (ou du libre-échange, si on préfère). Pour avant, nous nous en tenons à la période 1 ...
  • The Vaccine, the Economy, and Governance
    Authors
    Uri Dadush
    December 30, 2020
    According to this month’s OECD economic outlook, global GDP --- which took a huge hit from the pandemic and is still 3% below its level of a year ago – will not recover its pre-pandemic level until the end of 2021. In a downside scenario, the return could take almost a year longer. The OECD predictions, which imply high and protracted unemployment, are in line with the view of many other official and private organizations. The arrival of effective vaccines such as Pfizer-BioNTech wa ...
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    Rapport annuel sur l’économie de l’Afrique 2020
    Authors
    Sous la direction de
    Larabi Jaïdi
    Abdelaaziz Ait Ali
    Nezha Alaoui M’hammdi
    Mahmoud Arbouch
    Muhammad Ba
    Amanda Bisong
    Rafik Bouklia Hassane
    Oumayma Bourhriba
    Salma Daoudi
    Amal El Ouassif
    Tayeb Ghazi
    Aomar Ibourk
    Len Ishmael
    Pierre Jacquemot
    Leo Kemboi
    Jacob Kotcho
    Mouhamadou Ly
    Jamal Machrouh
    Iván Martín
    Fatima Ezzahra Mengoub
    Solomon Muqayi
    Meriem Oudmane
    Ahmed Ouhnini
    Mohamed Ould El Abed
    Kwame Owino
    Asmita Parshotam
    Fatih Pittet
    Afaf Zarkik
    December 29, 2020
    Dès les premiers cas du Coronavirus relevés en Afrique, les prédictions les plus sombres ont été faites sur la catastrophe sanitaire à venir sur le continent, en raison d’un certain nombre de caractéristiques supposées favoriser la propagation de l’épidémie. Ces prévisions ont été démenties par la rapidité des ripostes des Etats et par divers autres facteurs. La progression de la Covid-19 en Afrique n’est pas le fait d’une dynamique unique mais plutôt de multiples profils de risques ...
  • Why a Weaker Dollar Might Be Good for Emerging Markets?
    Authors
    Otaviano Canuto
    December 22, 2020
    After reaching a peak against other currencies in March this year, the dollar fell by almost 15% until the beginning of December. According to Bloomberg, asset portfolio managers have been assuming "short" positions against the dollar, that is, betting on its fall ahead. The dollar is expected to devalue against the euro, the yen, and the Chinese RMB in 2021. The peak last March, during the coronavirus financial shock, reflected the search for a safe haven in short-term US bonds or ...
  • The internal geography of services value-added in exports: A Latin American perspective
    Authors
    Eduardo Amaral Haddad
    Inácio F. Araújo
    December 18, 2020
    We estimate the contents of services value-added incorporated in goods exports in different countries in Latin America, exploring the local dimension of the results. We use inter-regional input–output analysis to trace and map domestic value-added embedded in those countries' exports. We add to the discussion of global value chains the internal, within-country geography of trade in value-added, since the set of locational preferences that help understanding the spatial patterns of n ...
  • Middle-Income Countries Should not be Rushed to Graduate
    Authors
    Otaviano Canuto
    December 14, 2020
    This article has originally been published on OECD Development matter platform Many donor countries seem eager to see middle-income countries (MICs) “master out” and graduate to a non-client status in multilateral development institutions before fully achieving their development potential. We argue that such institutions can still significantly contribute to the sustainable development of MICs, while also seizing many benefits from this relationship (Middle income countries and mul ...
  • AD Talks 2020: Covid-19 and International Trade
    December 11, 2020
    Covid-19 triggered the worst and most synchronized global recession in recorded history, albeit - on current evidence - a short-lived one. The global recession was reflected in a precipitous fall in world trade, which is now recovering. The backlash against trade and globalization long ...
  • The Pandemic Will Reshape Globalization
    Authors
    Otaviano Canuto
    December 7, 2020
    The pandemic is accelerating history, in the sense that it is leading to the speeding up of some recent trends. In the case of globalization, the pandemic will not reverse it, but it will reshape it. Here we take a bird’s eye view of global trade during the pandemic, relate it to previous trends, and guess how global value chain managers and government trade policymakers are likely to react. A Bird’s Eye View of Global Trade during the Pandemic World trade took a deep dive during ...
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    Les relations politiques entre la Chine et l’Australie, un élément- clé de la géopolitique mondiale des ressources
    Authors
    Yves Jégourel
    December 2, 2020
    Les relations politiques entre la Chine et l’Australie se sont fortement dégradées avec, à la clé, la mise en œuvre de la part du géant asiatique de barrières tarifaires et non tarifaires. Si les produits agricoles (orge, bœuf, vin, homards) ont été les premières matières premières à être touchées, les exportations australiennes de gaz naturel liquéfié pourraient également être dans le viseur de Pékin. Canberra dispose, néanmoins, d’une carte maîtresse : son minerai de fer dont le s ...
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    Selective review of food security policy worldwide: what can be learned from international experiences in order to shape food security policy in africa? - Part II
    Authors
    Isabelle Tsakok
    Fatima Ezzahra Mengoub
    November 26, 2020
    Food security for all requires (i) sustained productivity growth and competitiveness, not only of agriculture but of the entire economy; (ii) a social safety net; and (iii) resilience in the face of periodic shocks. This is the central message of this review. Two popular concepts in food security for all are food self-sufficiency (FSS) and food sovereignty (FSY). While countries have pursued different policies to achieve FSS, the common element in their approaches is the misguided ...
  • Le RCEP et le « Quad », deux coups de tonnerre
    Authors
    Dominique Bocquet
    November 25, 2020
    Coup sur coup, deux accords géants sont venus marquer l’actualité internationale. L’un, est économique et sonne comme un coup de tonnerre : c’est le RCEP (Regional Comprehensive Economic Partnership), vaste accord commercial asiatique, signé le 15 novembre 2020. Cette date restera dans l’histoire comme ayant associé la Chine à un ensemble de pays asiatiques. Il inclut l’ASEAN (Association des Nations d’Asie du Sud-est, à l’initiative de la démarche) mais, aussi, le Japon et la Corée ...
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    La guerre commerciale sino-américaine: Quel bilan à l’issue de la présidence Trump ?
    Authors
    Laurence Nardon
    Mathilde Velliet
    November 23, 2020
    En 2016, l’une des grandes promesses de campagne du candidat républicain Donald Trump était de mettre fin aux pratiques commerciales chinoises, jugées déloyales et responsables du déficit commercial américain. L’imposition d’importants droits de douane allait forcer le gouvernement chinois à négocier. Les pratiques dénoncées par Trump – sous-évaluation du yuan, transferts forcés de technologie, violations de la propriété intellectuelle, manque d’ouverture aux importations – s’inscr ...
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    The Internal Geography of Services Value-Added in Exports: A Latin American Perspective
    Authors
    Eduardo Amaral Haddad
    Inácio F. Araújo
    October 27, 2020
    We estimate the contents of services value-added incorporated in goods exports in different countries in Latin America, exploring the local dimension of the results. We use inter-regional input-output analysis to trace and map domestic value-added embedded in those countries’ exports. We add to the discussion of global value chains the internal, withincountry geography of trade in value-added, since the set of locational preferences that help understanding the spatial patterns of na ...
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    Diversification and the World Trading System
    Authors
    Uri Dadush
    Abdelaaziz Ait Ali
    Mohammed Al Doghan
    Muhammad Bhatti
    Carlos Braga
    Abdulelah Darandary
    Anabel González
    Niclas Poitiers
    September 15, 2020
    Diversification is important because it is associated with economic growth and reduced volatility. Diversification of exports, which provide foreign exchange and enable imports of critical goods, services, and know-how, is crucial for developing countries. The question we address in this brief is how export diversification is affected by trade policies, including multilateral rules, regional trade agreements, and national measures. The record on diversification is poor across a larg ...
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    Intégration monétaire en Afrique de l'Ouest : histoire, théorie, politique
    Authors
    Youssef El Jai
    September 15, 2020
    Avant l'ère coloniale, l'émission d'argent en Afrique de l'Ouest dépendait de la traite des esclaves. Avec l'avènement du régime colonial, les pièces d'argent ont été importées puis progressivement imposées comme outil de coercition. La trajectoire postcoloniale a été différente pour les anciennes colonies britanniques et françaises. Alors que les premières ont retrouvé leur souveraineté monétaire, les secondes ont conservé une union monétaire sous l’égide de la France. La propositi ...
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    Brazil, South Korea: Two Tales of Climbing an Income Ladder
    Authors
    Otaviano Canuto
    September 3, 2020
    The “middle income trap” may well characterize the experience of Brazil and most of Latin America since the 1980s. Conversely, South Korea maintained its pace of evolution, reaching a high-income status. Such divergence of economic growth can be related to their distinctive performances of domestic accumulation of technological and organizational capabilities. Their different approaches to global value chains and trade globalization reinforced such discrepancy in domestic accumulati ...
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    The national automotive industry faced with the Covid-19: Should we be worried about the impact on the current account?
    Authors
    Abdelaaziz Ait Ali
    September 2, 2020
    The year 2020 is one of the most difficult years for the global automotive industry. The pandemic first appeared in a region of China known for its developed automotive sector. Initially, it was the South Asian manufacturers who first felt the impact of the shutdown in China before the pandemic shifted to Europe and the United States and before the disruption of value chains took on a global dimension. In Morocco, the sector has not remained immune to this turbulent context and its ...
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    What Can Trade Tell Us About Economic Transformation? Composition of Trade and Structural Transformation in African Countries
    Authors
    Mina Baliamoune
    Abdoul‘ Ganiou Mijiyawa
    July 15, 2020
    We explore the effects of exporting manufactures, primary commodities, and food and agricultural products, and we examine the impact of importing capital and semi-capital goods, on structural transformation in a group of 21 sub-Saharan African countries that were covered by the inaugural African Transformation Report (ACET, 2014). The empirical results suggest that the import of capital and semi-capital goods can be a good predictor of structural transformation, while concentration ...
  • Global Protectionism is Hurting Emerging Economies the Most
    Authors
    Datu Sadja Matthew Pajares Yngson
    June 30, 2020
    Unless trade wars end around the globe, the world is headed for the biggest recession in living memory. The crisis arising from the coronavirus will hit fragile economies in Africa, the Pacific, and the Caribbean the hardest. At such a time, the world should be dropping barriers but, instead, new barriers are being built. In the past month, U.S. President Donald Trump threatened retaliation against India unless it released supplies of hydroxychloroquine. Worse still, he got his way ...
  • Is the United States Reopening Safely?
    Authors
    Uri Dadush
    June 12, 2020
    The United States has suffered more COVID-19 casualties than any other country and continues to report large numbers of new cases and deaths, and – as evident recently in stock markets – investors remain extremely sensitive to the epidemic’s shifting trends. As every state reopens, including most recently the New York epicenter, the fates of the American economy and of the global economy depend on whether the United States has put the worst of the epidemic behind it, or whether it w ...
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    A Cautious Look at Economic Prospects Beyond the Covid-19 Disaster
    Authors
    Uri Dadush
    May 27, 2020
    COVID-19 has delivered a powerful double punch to the chin of the global economy, combining a terrifying pandemic with a collapse in production because of the withdrawal into their homes of half the world’s workers. The uncertainty generated by the medical and economic shock is paralyzing consumers and investors, and the dispersion of short-term economic forecasts is far wider than at any time in modern history, about six times greater than during the Great Financial Crisis. The GD ...
  • Webinar : Political Economy in the North-South relations amid COVID-19
    May 22, 2020
    The COVID-19 pandemic poses unprecedented challenges to the international community and is due to heavily impact the global economy in the short and long run. The virus has infected over 4 million people and caused almost 300.000 casualties globally. During its spreading, mass productio...
  • A Risk-Based Strategy to Reopen the American Economy and Contain the Virus
    Authors
    Uri Dadush
    May 14, 2020
    Confronted with surging unemployment and miles long lines at food banks across the United States, most states have begun reopening the economy. Many of these states are seeing rising numbers of new cases and face a real risk of relapsing into an uncontrolled pandemic. To avoid this outcome, they must adopt a strategy that entails testing, tracing, and isolation of the infected, with priority given to groups and places where the medical impact – reducing infections and saving lives – ...
  • De l’intérêt d’une coopération avancée entre la Maroc et la CEDEAO à l’heure de la guerre contre la pandémie du Coronavirus
    Authors
    Jamal Machrouh
    April 30, 2020
    La Communauté économique des Etats de l’Afrique de l’Ouest (CEDEAO) est souvent présentée comme étant le système d’intégration régionale le plus dynamique du continent africain. Les Conférences des chefs d’Etat et de Gouvernement y sont régulières, les citoyens de la Communauté disposent d’un passeport commun et les discussions sur une monnaie unique sont à l’ordre du jour. Néanmoins, le modèle de la CEDEAO souffre de deux paradoxes majeurs. Les paradoxes africains Le premier pa ...
  • Water content in trade: a regional analysis for Morocco
    Authors
    Eduardo Amaral Haddad
    Fatima Ezzahra Mengoub
    Vinicius A. Vale
    April 24, 2020
    This paper aims at evaluating the virtual water content in trade in an intra-country perspective and discussing potential tradeoffs between the use of natural resources and value added creation. We develop a trade-based index that reveals the relative water use intensities associated with specific interregional and international trade flows. The index is calculated considering the measures of water and value added embedded in trade flows associated with each regional origin-destinat ...
  • L’inflexion de la mondialisation : raison et confusion dans le contexte covid-19
    Authors
    Rachid El Houdaigui
    April 20, 2020
    Le processus de mondialisation, si solide soit-il, se trouve à l’épreuve d’une crise sanitaire mondiale inattendue et brutale. Cette réalité adresse au monde une question qui interpelle autant les décideurs, les managers que les chercheurs : Que pourraient être les effets du Covid-19 sur l’économie politique internationale ? Rupture, continuité ou inflexion ? Une des perspectives qu’il convient de surveiller est celle relative à l’inflexion du processus de la mondialisation. C'est- ...
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    Le Maroc a-t-il bénéficié de l’accord de libre-échange conclu avec l'Union européenne ?
    Authors
    Rim Berahab
    Uri Dadush
    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 ...
  • Manufacturing and Investment Shaping Africa
    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 ...
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    Four Big Misconceptions About The Services Trade in Africa
    Authors
    Oumayma Bourhriba
    Uri Dadush
    March 20, 2020
    The Service sector is central to economic growth, trade and employment across the world. Trade in services has increased from 8.5 per cent of global GDP in 1995 to 13.1 per cent of GDP in 2017. However, Africa is taking less advantage of these opportunities than others. In this policy brief we highlight important misconceptions that may be holding back services exports in Africa. The potential for services sector growth and services exports from low levels in Africa is large. Polici ...
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    AFRICA’S INTEGRATION Not an Option, but an Imperative
    Authors
    Len Ishmael
    March 17, 2020
    The United Nations Economic Commission for Latin America and the Caribbean (UN-ECLAC) defines regional integration as a “multidimensional process which may take the form of coordination, cooperation, convergence and deep integration initiatives and whose scope extends not only to economic and trade issues, but to political, social, cultural and environmental ones as well.” As an organizing principle, the concept of regional integration has been around for some time in various config ...
  • A Game of Russian Roulette
    Authors
    Helmut Sorge
    March 12, 2020
    For a second, the uniformed officer looked threatening. He followed me. When I reached the stairs leading to my Transavia flight to Paris, he stepped in front of me, asking, “Sir, may I talk to you for a second?” Did he suspect I was smuggling precious Islamic art or some cannabis, the popular Kif? “When are you returning to Marrakech,” the customs officer inquired. “In four days”, I replied. “Perfect,” was his reaction. “May I ask you to buy in a French pharmacy the drugs mentioned ...
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    The Moroccan Diaspora and Public Policy
    Authors
    Mahmoud Arbouch
    Uri Dadush
    March 9, 2020
    The Moroccan diaspora contributes in major ways to Morocco’s economic development. Moroccan migrants ease the country’s chronic unemployment and underemployment problems, send remittances, invest in the home country, and typically visit Morocco frequently as tourists. In addition to that migrants usually retain close links with Morocco, and help in less direct ways to forge trade and third-party investment links between Morocco and their host countries. Drawing on the relatively sma ...
  • L’épilogue du litige commercial entre le Maroc et la Turquie devant l’OMC peut-il être le prologue d’une « stratégie litigieuse nationale » ?
    Authors
    Jamal Machrouh
    January 20, 2020
    Le 3 octobre 2016, la Turquie a déposé une plainte contre le Maroc devant l’Organisation Mondiale du Commerce (OMC) au sujet des mesures antidumping appliquées par le Maroc contre les exportations turques en Acier laminé à chaud.1 Suite à l’échec des consultations entre les deux pays, la Turquie a demandé, le 12 janvier 2017, l’établissement d’un groupe spécial pour examiner la conformité des mesures prises par le Maroc avec le droit de l’OMC. Demande qui marque le passage du litige ...
  • 2020 and the New Asian Century
    Authors
    Marcus Vinicius de Freitas
    January 9, 2020
    Once the traditional Western year-end celebrations are concluded, understanding some of the changes that will take place in this new decade of the 21st century become essential. The expression 20/20 is used in ophthalmology to reflect acuity in vision. Perhaps no time in recent history has required more acuity in long term vision and perspective regarding the significant changes to occur in the 21st century. There is no doubt: the 21st century will be the Asian century. The 2020 de ...
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    Trade and Women’s Wage Employment
    Authors
    Mina Baliamoune
    January 9, 2020
    The main goal of this paper is to address an important question that arises from the interaction between increased participation in international trade, labor markets, and gender inequality; namely, the impact of trade liberalization on women’s access to wage employment in the non-agricultural sector. We empirically address this question by performing fixedeffects and GMM estimations on panel data from a large group of developing economies, and tracing the impact of trade on women’s ...
  • Trump Tariffs Have Hurt U.S. Manufacturing Jobs
    Authors
    Otaviano Canuto
    January 5, 2020
    The hike in tariffs imposed by the United States against its major trading partners since early 2018 has been unprecedented in recent history. President Trump alluded to, among others, the goal of revitalizing jobs in the country’s manufacturing industry by protecting it from unfair trade practices of other countries, particularly China. However, according to a study by two Federal Reserve Bank staff – Aaron Flaaen and Justin Pierce – released last December 23, the effect so far has ...
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    Croissance économique au Maroc Théories, évidences et leçons des expériences récentes
    Authors
    Numéro spécial du cahier du plan - Volume 2
    December 18, 2019
    Lors du colloque autour du thème « Croissance économique au Maroc : théories, évidences et leçons des expériences récentes », organisé conjointement par le Haut-Commissariat au Plan (HCP) et le Policy Center for the New South et accueilli par le HCP en mai 2017 dans ses locaux à Rabat, des experts et praticiens de près de 30 institutions académiques et non académiques ont échangé et débattu de la croissance économique au Maroc dans un framework transverse alliant le théorique au pra ...
  • ( EN ) Plenary VIII: Will the Rules-Based Trading System Survive?
    December 14, 2019
    Moderator John Yearwood, President and CEO, Yearwood Media Group Speakers Uri Dadush, Senior Fellow, Policy Center for the New South Matthias Fekl, Former Minister for Foreign Trade, France Renato Flôres, Director, International Intelligence Unit, Fundação Getulio Vargas ...
  • Plenary VIII: Will the Rules-Based Trading System Survive?
    December 14, 2019
    Moderator John Yearwood, President and CEO, Yearwood Media Group Speakers Uri Dadush, Senior Fellow, Policy Center for the New South Matthias Fekl, Former Minister for Foreign Trade, France Renato Flôres, Director, International Intelligence Unit, Fundação Getulio Vargas ...
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    ATLANTIC CURRENTS 6th Edition: The South in the Time of Turmoil
    Authors
    December 11, 2019
    The Atlantic Current’s 6th edition provides overview, fresh insights, latest data, and broader analysis on the Atlantic space’s current challenges, as well as their implications for the South. Different chapters explore emerging trends and critical issues, such as the World Trade Organization reform, Brexit and the future of EU, the expansion of militancy in the Sahel and Coastal Africa, the role of cultural diplomacy and the deepening of Sino-African relations within a shifting an ...
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    The State of China-European Union Economic Relations
    Authors
    Uri Dadush
    Marta Domínguez-Jiménez
    Tianlang Gao
    November 26, 2019
    China and the European Union have an extensive and growing economic relationship. The relationship is problematic because of the distortions caused by China’s state capitalist system and the diversity of interests within the EU’s incomplete federation. More can be done to capture the untapped trade and investment opportunities that exist between the parties. China’s size and dynamism, and its recent shift from an export-led to a domesticdemand- led growth model, mean that these oppo ...
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    Vers une zone de libre-échange continentale
    Authors
    Karim El Aynaoui
    November 19, 2019
    Pour le n•165 - automne 2019, Politique Internationale a interviewé Karim El Aynaoui, président du Policy Center for the New South, au sujet de la zone de libre échange continental, pour le dossier spécial « développement: les voies africaines ». Il y répond notamment aux questions suivantes : en quels termes faut-il repenser le développement  de l’Afrique ? Comment l’approche marocaine se définit-elle ? la façade atlantique de l’Afrique et l’importance de ses échanges avec l’Améri ...
  • Trade Tensions and the Global Outlook
    Authors
    Uri Dadush
    November 13, 2019
    The growth slowdown became evident in late 2017. World GDP at market exchange rates slowed from a seasonally adjusted annual rate of between 4 and 5% in the second half of 2017 to between 1.5% to 2% in the first half of 2019. The slowdown came as a big surprise and led to continuous revisions downwards of growth forecasts as shown yet again by the IMF’s World Economic Outlook issued last week. Nearly all observers and experts had expected the expansion of 2016/2017 to continue. Tha ...
  • The US-China Trade War Is Accelerating China’s Rebalancing
    Authors
    Otaviano Canuto
    November 8, 2019
    The Trump government has been imposing restrictions on access to technologies by Chinese telecommunications firms. Why and what are the consequences? The Federal Communications Commission is about to ban carriers from using government funds to buy equipment from Huawei and ZTE. Other government agencies are expected to take similar measures. This is just the latest episode of a gradual squeeze that the Trump government has been giving over China's telecommunications giant Huawei, ...
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    Morocco’s excessive geographic export concentration
    Authors
    Uri Dadush
    Hamza Saoudi
    November 5, 2019
    In this brief, we review the evidence on Morocco’s export concentration, discuss its causes, and then draw some policy implications. The main message is that Morocco needs to raise its game in some less familiar markets and move outside its comfort zone. This implies not only investments by private firms, greater efforts on export promotion by the government and professional associations, but also deeper changes within Morocco, including in its educational system. Over the past two ...
  • The Rationale behind India’s Shift to Africa
    Authors
    Samuel Arnaud
    Ihssane Guennoun
    October 28, 2019
    Africa, as a continent of economic opportunities, is attracting foreign players. In this context, India is emerging as an important partner, especially for Eastern and Southern Africa. The complexity of its geopolitical environment combined with internal specificities motivated the revival of interest for the continent. This paper draws on historical developments between India and African countries to provide the state of play of recent linkages. Those trends are better perceived th ...
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    Manufacturing Employment, International Trade, and China
    Authors
    Abdelaaziz Ait Ali
    Uri Dadush
    October 14, 2019
    The objective of this paper is to better understand the evolution of manufacturing employment across the world. Manufacturing value added has grown rapidly since 2000, at least matching world GDP growth, even after the global financial crisis, reflecting mainly rising demand for manufactures especially in developing countries. However, manufacturing employment increased at only a slow pace, both before and after the global financial crisis. Manufacturing employment growth provided o ...
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    الفوارق في المغرب من منظور دولي
    Authors
    Uri Dadush
    Hamza Saoudi
    October 9, 2019
    يعرف المغرب فوارق كبيرة على مستوى الدخل، ففي سنة 2013 بلغت حصة الـ%10 آٔلغىن من الساكنة ما يقارب %32 من الدخل الوطين، 1أي ما يعادل 12 ضعفا لحصة الـ%10 آٔلفقر. إن أي اتساع مفرط في الفوارق من شأنه أن يؤثر سلبا على وتيرة النمو على المدى الطويل، ألنه عادة ما يقترن بضعف في استغالل الموارد البشرية. ومن هذا المنطلق تدفع هذه المقالة بطرح مفاده أنه، باستلهام التجارب الدولية، يمكن للحكومة المغربية أن تفعل اليشء الكثير للحد من الفوارق دون التفريط في تعزيز التنمية، بل وربما يمكنها أن ...
  • Annual Report on African Economies 2019
    Authors
    Under the Supervision of
    Larabi Jaïdi
    October 2, 2019
    Africa is an economic region which holds great potential despite the risks associated with its development. Indeed, many experts agree that Africa is emerging as the new frontier for global growth. Boosted by its abundant natural resources, a young and vibrant population, strong urbanization, more stable macroeconomic conditions, more stringent economic policies, a constantly improving business climate and improving governance, Africa is on track for a structural transformation that ...
  • Latin America Is Not Benefiting from the U.S.-China Trade War
    Authors
    Otaviano Canuto
    September 30, 2019
    Despite some short-term benefits, trade deviation to the region shouldn’t be expected to last. Has the U.S. trade war with China been good for Latin America? An increase in Chinese demand for primary products from the region, as well as recent news of production transfers from China to Mexico, might give the impression that it has. But any positive short-term effects of the confrontation should also take into account its negative medium- and long-term impacts on the region and on gl ...
  • Trump's Backfiring Trade Policy
    Authors
    Uri Dadush
    Laurence Kotlikoff
    August 15, 2019
    Thirty months into President Trump's radical trade policy, it is time to take stock. American firms tend to give the President the benefit of the doubt - that the aim is not protection (which most don't want) but opening up markets overseas, striking better trade deals, and reducing the nation's big trade deficit. So far, however, none of this has happened. Instead, there is virulent uncertainty, barriers against American firms are going up, Europe, Japan and China have struck impor ...
  • La ZLECAF : c’est (presque) parti !
    Authors
    Mouhamadou Moustapha Ly
    Bertrand BIO-MAMA
    July 11, 2019
    The co-author, Bertrand Bio-Mama, is an alumnus of the Emerging Leaders Program 2017. Les échanges commerciaux ont, depuis des siècles, été au cœur des enjeux économiques à travers le monde. L’histoire nous apprend, par exemple, qu’au XVIIIème siècle, la recherche de nouveaux marchés avait poussé l’Europe à aller à la conquête du monde. En effet, les échanges commerciaux représentent un instrument important, voire vital, pour la croissance de l’économie et le progrès social. De nos ...
  • Mercosur-EU trade agreement: Better Late than Never...
    Authors
    Otaviano Canuto
    July 3, 2019
    Twenty years after negotiations began between Mercosur and the European Union (EU), a trade agreement between ministers was reached last Friday in Brussels. Its first phase, from 1999 to 2014, had among the motivations on the European side not to be left behind while the US then pursued a Free Trade Agreement for Latin America (FTAA). Symptomatically, such enthusiasm cooled after FTAA negotiations came to a halt and the United States embarked on bilateral agreements with some countr ...
  • La place de l’Afrique dans le système de règlement des différends de l’OMC: Expérience, défis et perspectives
    Authors
    Jamal Machrouh
    July 2, 2019
    Quelle place l’Afrique occupe-t-elle dans le système de règlement des différends de l’Organisation Mondiale du Commerce ? Les règles et procédures régulant ce système profitent-elles aussi bien aux pays en développement qu’aux pays développés, ou restent-elles l’apanage de ces derniers ? Le continent africain a-t-il les moyens de faire fonctionner un tel système ? La place marginale qu’occupe l’Afrique dans le système est-elle due à des facteurs endogènes ou à des facteurs exogènes  ...
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    The Global Outlook, Trade Conflicts and Africa
    Authors
    Uri Dadush
    June 27, 2019
    After a long spell of slow growth in the wake of the global financial crisis, the global economy was gaining speed over 2016-2018, but this recovery is now in some danger. The likelihood of imminent recession is low but growth will be slow over 2019-2020, and growth next year presents many uncertainties. Growth is supported by the consumer for the time being, but business has become very nervous and something will have to give. There are significant and specific risks in the large e ...
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    China’s FDI in Brazil: recent trends and policy debate
    Authors
    Pedro da Motta Veiga
    Sandra Polónia Rios
    June 25, 2019
    From 2010 onwards, China has become a relevant foreign investor in Brazil, mainly through State-owned companies investing in infrastructure – particularly in the energy sector. In the first years of the current decade, Chinese investment has been widely welcomed in an environment characterized by declining investment rates and low economic growth. However, more recently, some concerns have been raised of an “excessive” dependence of China state companies in sectors perceived as stra ...
  • Explaining the role of commodity traders: A theoretical approach
    Authors
    Raphaël Chiappini
    Yves Jégourel
    June 22, 2019
    Empirical models of international commodity trade ows tend to show that exchange rate volatility has either no or negative impact on export volumes. This analysis has a number of limitations. In particular, it underestimates the role of physical traders and, consequently, the importance of future markets. In this context, this article aims to provide the theoretical underpinnings to demonstrate that these traders play a very particular role and that they have an influence on the rea ...
  • From ‘Rule of Law’ to ‘Law of the Jungle’: Global Trade seen through Twitter
    Authors
    Otaviano Canuto
    June 10, 2019
    This article was originally published on Center for Macroeconomics and development's website Friday night, US President Donald Trump announced by Twitter that he would suspend the implementation of tariffs on Mexican imports, which would start with 5% on Monday, June 10, to reach 25% in October. A signed agreement between the two countries, also confirmed by Twitter by Mexico’s foreign minister Marcelo Ebrard, would have included Mexican government’s commitments to take “strong mea ...
  • Will the Multilateral Trading System Survive?
    Authors
    Uri Dadush
    June 3, 2019
    In a recent brief, titled” The Crisis in World Trade”, my co-authors and I conclude that whether we still have a rules-based system a few years from now depends on the answer to three questions: Can the WTO be revitalized? Is protectionism in the United States a temporary aberration? Will China reform and fit the liberal economic order? If the answer to these three questions is yes, the system will likely endure. If the answer is no, we will return to the power based non system that ...
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    Strengthening the Rules-Based Trading System
    Authors
    T20 experts
    Uri Dadush
    May 28, 2019
    The world trading system has been remarkably successful in many respects but is presently under tremendous strain. The causes are deep-seated and require a strategic response. The future of the system depends critically on reinvigorating the WTO and policy change in the largest trading nations. Important measures are required to sustain the multilateral trading system, and urgent action is needed to avoid a scenario where the system fragments. The worst scenarios will disrupt global ...
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    The UK’s policy towards Africa post-Brexit
    Authors
    Juliana Suess
    May 24, 2019
    On the eve of Britain’s exit from the European Union, the country is redefining its international approach. The United Kingdom has already taken action by becoming involved in new economic commitments, new trade agreements in Commonwealth countries but also from a diplomatic point of view in West Africa. While development aid remains a focal point of its intervention in Africa, it risks being undermined by the Brexit and its economic consequences. However, the United Kingdom is now ...
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    The escalating China-US trade dispute: economic and geopolitical implications for Sub-Saharan Africa
    Authors
    Uri Dadush
    May 22, 2019
    The trade tensions between the United States and China will cause only minor immediate damage to their giant economies. However, tariffs have important and diverse effects on individual sectors and cause heightened uncertainty. The main adverse effects on Sub-Saharan Africa will therefore be through global investor confidence, economic growth and commodity prices, and these effects could be severe if the dispute escalates further and endangers the rules-based trading system. The tra ...
  • Cinq grandes tendances dans une Afrique en mutation
    Authors
    Sabine Cessou
    May 17, 2019
    Sur quelles contraintes faut-il anticiper lorsqu’on évoque la croissance de l’Afrique? Comment guider les décideurs politiques dans les priorités à définir pour piloter l’économie et arriver à bon port dans le monde qui vient? Le séminaire organisé le 11 avril à Paris par le PCNS et le Centre de développement de l’OCDE a apporté des éléments de réponse. La discussion s’est ouverte en prenant appui sur le rapport de référence publié en 2018 par l’Union africaine et l’OCDE sur les “D ...
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    The Crisis in World Trade
    Authors
    Akman, S.
    Armstrong, S.
    Braga, C.
    Uri Dadush
    Gonzalez, A.
    Kimura, F.
    Nagakawa, J.
    Rashish, P.
    Tamura, A.
    May 15, 2019
    This policy brief (PB), prepared for the G-20 Working Group on Trade, aims to provide decision-makers with a succinct review of the state of the trading system, to point to likely scenarios, and to serve as a background to or reference for the other six PBs prepared by the T20 Task Force on Trade, Investment and Globalization. The brief argues that the world trading system has been remarkably successful in many respects but that the present strain reflects causes which are deep-seat ...
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    Seven Predictions About the World Without the WTO
    Authors
    Uri Dadush
    April 23, 2019
    Imagining world trade without the WTO/GATT system. It was after all, the case through recorded history until around 1950. But today’s economies are far more globally integrated than in the past, and information technologies which facilitate communication and coordination are clearly pointing to even more integration in the future. Under a no-WTO scenario, this brief formulates seven predictions. The danger to the WTO is clear and present, and it is on four fronts. First is the fail ...
  • The Crisis in World Trade
    Uri Daduch 
    April 03, 2019
    Our Senior Fellow, Uri Dadush presents a Policy Brief entitled “The Crisis in World Trade” that he co-authored with 8 other experts. It provides decision-makers with a succinct review of ...
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    Le Maroc à l’épreuve de son premier litige commercial devant l’OMC: Affaire Maroc-Acier laminé à chaud (plainte de Turquie).
    Authors
    Jamal Machrouh
    February 6, 2019
    Ce papier examine la plainte initiée par la Turquie devant l’Organisation mondiale du commerce (OMC) contre le Maroc au sujet des droits antidumping appliqués aux produits d’acier laminés à chaud. La plainte de la Turquie constitue à la fois un précédent et une opportunité. Un précédant d’abord, car jamais le Maroc n’a été impliqué, ni en qualité de partie plaignante ni en qualité de partie défenderesse, dans une affaire devant le GATT ou l’OMC. Une opportunité ensuite, par ce que l ...
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    Morocco Faces its First Commercial Dispute before the WTO
    Authors
    Jamal Machrouh
    February 6, 2019
    This paper examines Turkey's case against Morocco before the World Trade Organization (WTO), over anti-dumping duties on hot-rolled steel products. Turkey's complaint constitutes both a precedent and an opportunity. First, it is a precedent in that Morocco was previously never involved in a case before GATT or WTO, neither as a plaintiff nor as a defendant. Second, it is an opportunity as the evaluation of the legal process of the complaint enables an assessment of adequacy of Moroc ...
  • The Misunderstood Link Between Trade and Migration
    Authors
    Uri Dadush
    January 16, 2019
    The trade war between China and the United States roils stock markets, and the World Trade Organization is at risk of extinction because major players ignore its rules. But the fierce controversy surrounding the Global Compact on Migration, a mild and non-binding document which several of the countries gathered in Marrakesh – including about one-third of EU members - refused to sign, shows that migration is even more radioactive than trade. As they face a backlash against globalizat ...
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    The Belt and Road turns five
    Authors
    Uri Dadush
    Michael Baltensperger
    January 13, 2019
    China’s Belt and Road Initiative (BRI) is an international trade and development strategy. Launched in 2013, it is one of the ways China asserts its role in world affairs and captures the opportunities of globalisation. The BRI has the potential to enhance development prospects across the world and in China, but that potential might not be realised because the BRI’s objectives are too broad and ill-defined, and its execution is too often non-transparent, lacking in due diligence and ...
  • (FR) PLENARY II: ATLANTIC TRADE, THE SURGE OF PROTECTIONISM AND THE WTO
    December 13, 2018
    Moderator John Yearwood, Executive Board, International Press Institute Speakers Uri Dadush, Senior Fellow, Policy Center for the New South Anabel Gonzalez, Former Minister of Foreign Trade, Republic of Costa Rica Ricardo Meléndez-Ortiz, Founder and Chief Executive, International Centre...
  • (EN) PLENARY II: ATLANTIC TRADE, THE SURGE OF PROTECTIONISM AND THE WTO
    December 13, 2018
    Moderator John Yearwood, Executive Board, International Press Institute Speakers Uri Dadush, Senior Fellow, Policy Center for the New South Anabel Gonzalez, Former Minister of Foreign Trade, Republic of Costa Rica Ricardo Meléndez-Ortiz, Founder and Chief Executive, International Centre...
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    Assessing the EU-North Africa trade agreements
    Authors
    Uri Dadush
    Yana Myachenkova
    November 27, 2018
    - The trade agreements that the European Union has with North African countries – with Algeria, Egypt, Morocco and Tunisia – are often seen as having delivered disappointing results since they came into force during the 2000s. The four North African countries have seen insufficient growth in their exports to the EU, and have undergone only limited diversification. In the meantime, the EU’s exports to North Africa have grown quite rapidly. - Economic growth in North Africa has been ...
  • International Economic Cooperation in Troubled Times: A Call for Strong Action by the G20
    Authors
    Uri Dadush
    Axel Berger
    Andreas Freytag
    Simon J. Evenett
    Christian von Haldenwang
    Ricardo Meléndez-Ortiz
    Raul Ochoa
    Agustin Redonda
    Karl P. Sauvant
    November 26, 2018
    *The recommendations put forth below have been published, both print and online, in the Financial Times.  The leaders of the G20 will meet on 30 November and 1 December in Buenos Aires for their annual summit. They need to acknowledge that the last two years have been characterized by strong headwinds for the world economy. This time, however, it is not a mixture of poor macroeconomic policies and bad business decisions – as in 2008 when they met in Washington for their first summi ...
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    Overview of Key Livelihood Activities in Northern Niger
    Authors
    Rida Lyammouri
    November 13, 2018
    Livelihoods of northern Niger’s population depended for centuries on trade and cross-border movement of licit goods with Libya. Historical trends of domestic and regional shocks demonstrated the ability of local communities to adapt and adjust to transformations caused by these shocks to survive. People moving through and living in the area have different motivations and reasons to cross to Libya and beyond, but economic drivers remain the key factor. The local economy has suffered ...
  • Amérique latine : la recomposition en cours analysée par les Dialogues stratégiques
    Authors
    Sabine Cessou
    October 8, 2018
    « Amérique latine, crises et sorties de crises », telle était la première des deux thématiques des 6èmes Dialogues stratégiques, organisés le 4 avril par HEC Paris (Centre de géopolitique) et OCP Policy Center. Un tableau mitigé a été dressé, avec des signes de reprise et une croissance supérieure à 2 % qui n’empêchent pas des situations de crise comme au Brésil, au Nicaragua ou au Vénézuela. Crise d’un modèle d’oligarchies anti-capitalistes Au Vénézuela, la corruption paraît si e ...
  • What will it take to realize the promise of the African Continental Free Trade Area?
    Authors
    Anabel Gonzalez
    August 30, 2018
    The agreement establishing the African Continental Free Trade Area (AfCFTA) is a framework to create a free trade area across the region, bringing together the 55 members of the African Union into a continental market with a cumulative Gross Domestic Product (GDP) exceeding US$2.2 trillion and a total population of over one billion people. When concluded and successfully implemented, it will become the largest free trade area in the world in terms of membership, opening up significa ...
  • Quand les grands se fâchent, le monde panique !
    Authors
    Tayeb Ghazi
    August 13, 2018
    Depuis la fin de l’année 2017, le président Donald Trump mène plusieurs batailles commerciales, contre différents partenaires, sous prétextes de sauver des emplois industriels américains et de réduire le déficit commercial des États-Unis. S’il est difficile de se prononcer sur les effets des combats commerciaux amorcés par le président Trump, l’importance des opposants et des échanges pour l’économie mondiale en fait une source de risque pour la croissance, les emplois et les prix à ...
  • Benefits and Costs of Opening Brazil’s Foreign Trade
    Authors
    Otaviano Canuto
    August 13, 2018
    The Brazilian economy pays a price in terms of productivity foregone because of its lack of trade openness. A trade opening process would bring an adjustment impact that could nonetheless be mitigated with public policies that facilitate labor mobility and job migration. Benefits from trade opening would also hinge on policy improvements in complementary areas, such as infrastructure investments, business environment and others. The Brazilian economy would benefit from opening trad ...
  • Global imbalances and currency bullying
    Authors
    Otaviano Canuto
    August 6, 2018
    The IMF released last July 24 its latest assessments of the current account balances for the 30 largest economies in its External Sector Report 2018 (ESR). There was no major change in 2017 relative to previous years and the reconfiguration of surpluses and deficits that has prevailed since 2013 was essentially extended. However, there are reasons to expect more abrupt alterations ahead, as the U.S. fiscal easing under high employment conditions unfolds. Given the context of ongoing ...
  • Food Security in Morocco and India: Different Challenges for Joint Answers?
    Authors
    Ihssane Guennoun
    August 1, 2018
    “This article has been originally published in 'Morocco in Focus 2018,' the magazine of the Moroccan Embassy in New Delhi, India on the occasion of the Morocco National Day 2018.” Introduction In an article published last year, the author stressed the role of partnership between Morocco and India for the inclusive growth of small farmers. There is no doubt that agriculture remains a major instrument for human development both in India and in Africa. Several international reports h ...
  • Chinese Trash Refusal and its Consequences: A Wake-up Call for the World
    Authors
    Helmut Sorge
    August 1, 2018
    “A WAKE UP CALL FOR THE WORLD” For Simon Elin, chief executive of the British Recycling Association, it’s “a tough time” his industry and country are facing just now. He does not think about Brexit, Britain trying to leave the E.U., dreaming to return to glorious times as a world power, one day soon. His colleague Arnaud Brunet, head of the Bureau of International Recycling, predicted “catastrophic environmental problems.” An assessment the London Times shared: “The world is drowni ...
  • Four Dangerous Illusions about the Looming Trade War
    Authors
    Uri Dadush
    July 10, 2018
    Historians often offer different interpretations of the events that have shaped our destiny, yet, with respect to World War 2, the bloodiest conflict in history, they seem to concur on two points. First, that those yearning for peace underestimated the National Socialists’ determination to wage a war of conquest until it was far too late to deter them, and, second, that Nazi Germany failed to anticipate that Britain, the United States, and the Soviet Union – each of which it provok ...
  • Emerging markets face multiple tantrums
    Authors
    Otaviano Canuto
    July 3, 2018
    The addition of a fourth US rate rise to the Federal Reserve’s 2018 dot-plot graph after the June meeting of the Federal Open Market Committee sparked a bout of portfolio outflows from emerging markets. This followed a fleeting upswing at the beginning of the month that fell short on reversing the unwinding of exposure and sell-off of assets in May (Chart 1). Country differentiation has been accentuated, with exchange rate devaluation pressures and capital outflows occurring more no ...
  • Argentina, Turkey and the May Storm in Emerging Markets
    Authors
    Otaviano Canuto
    June 6, 2018
    The spike in US bond yields since mid-April in tandem with the strengthening of the dollar sparked a retrenchment of capital flows to emerging markets (EM), accompanied by a sell-off of assets in some cases. Argentina and Turkey suffered from strong and potentially disruptive exchange rate depreciation pressures in May, with financial markets calming down only after bold domestic policy moves (interest rate hikes in both countries and, in the case of Argentina, a decision to seek a ...
  • Partager Speech of H.E Olusegun Obasanjo at the African Think Tank Summit : “Think Tanks and Regional Integration: Strategies for Long-Term Impact"
    Authors
    May 31, 2018
    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 ...
  • Le Partenariat Afrique-Europe en quête de sens
    Authors
    Larabi Jaïdi
    Iván Martín
    May 21, 2018
    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 ...
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    Our Trade Tensions Will Persist Beyond Trump
    Authors
    Uri Dadush
    May 15, 2018
    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? ...
  • 3D Priting : Shaping Africa’s Future
    Aleksandra Gadzala
    May 10, 2018
    According to the global consulting firm McKinsey and Company, one out of our workers worldwide may be African by 2030. The global center for gravity of labor-intensive manufacturing is ex ...
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    Water Content in Trade: A Regional Analysis for Morocco
    Authors
    Eduardo Amaral Haddad
    Fatima Ezzahra Mengoub
    Vinicius A. Vale
    April 26, 2018
    This paper reports the results of an application using an interregional input-output matrix for Morocco together with regional information on water consumption by sectors. We develop a trade-based index that reveals the relative water use intensities associated with specific interregional and international trade flows. We estimate, for each flow associated with each origin-destination pair, measures of trade in value added and trade in water that are further used to calculate our in ...
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    Will the African Free Trade Agreement Succeed?
    Authors
    Rim Berahab
    Uri Dadush
    April 18, 2018
    The recently signed African Continental Free Trade Agreement represents a countercurrent to protectionist tendencies across the Atlantic and the Pacific, and may well move the economic integration of the African continent forward. Translating the vision into action, however, will call upon signatories to undertake deeper domestic reforms and to confront specific challenges related to the agreement itself. This brief explains why the agreement is important for Africa and identifies p ...
  • China, Oil, and the Commodity Derivatives Market
    Authors
    Yves Jégourel
    April 16, 2018
    The launch of an oil futures contract on the Shanghai International Energy Exchange (INE) cannot be merely seen as a “technical” or secondary event, as it foreshadows what global commodities markets will become in a few years. The Shanghai Futures Exchange (SHFE) and the Dalian Commodity Exchange (DCE) have, indeed, seen their trading volumes increase significantly over the past decade thanks to steel and iron ore, which could suggest that the move is, in fact, not that unprecedente ...
  • La Chine, le pétrole et les marchés dérivés de matières premières
    Authors
    Yves Jégourel
    April 10, 2018
    Le lancement d’un contrat à terme pétrolier sur le Shanghai International Energy Exchange (INE) ne saurait être vu comme un évènement « technique » ou secondaire tant il préfigure ce que seront dans quelques années les marchés mondiaux de matières premières. Le Shanghai Futures Exchange (SHFE) et le Dalian Commodity Exchange (DCE) ont certes vu leurs volumes de trading augmenter considérablement sur la dernière décennie grâce à l’acier et au minerai de fer, ce qui pourrait laisser à ...
  • ZLEC, patriotisme économique et protectionnisme commercial : faisons la part des choses pour servir le “Made in Africa”
    Authors
    Bouchra Rahmouni
    April 5, 2018
    Depuis la création de l’OMC, l’économie mondiale a enregistré deux évolutions majeures : la mise en place des chaînes de valeur globales et la conclusion de méga-accords commerciaux régionaux (Accord transatlantique Europe-États-Unis, Accord de Partenariat Transpacifique entre l’Amérique du Nord et une dizaine de pays asiatiques, partenariat unique total entre l’ASEAN, la Chine, le Japon et la Corée du Sud, plus la partie océanique). Le commerce intra-régional n’est plus une simple ...
  • La zone de libre échange continental : lever les inquiétudes pour réussir
    Authors
    Mouhamadou Moustapha Ly
    March 28, 2018
    Ce mardi 21 Mars 2018, quarante-quatre chefs d’Etat et de gouvernement réunis à Kigali (Rwanda) signaient l’accord de création de la zone de libre échange continentale (Continental Free Trade Area, CFTA). Cet accord historique marque la volonté des Etats africains d’aller vers la mise en place à l’échelle du continent d’un marché commun où les échanges de biens et de services seraient libres et la circulation des capitaux et des personnes sans contraintes. Tels que précisés dans la ...
  • Food Trade Policy and the Dietary Transition
    Authors
    Will Martin
    March 23, 2018
    The irony facing many developing countries today is that increased food trade and the implications of globalization has created a situation where certain segments of the population are simply put, eating too much, while just in their proximity lies a more significant segment of the population who are suffering from the complete opposite, malnutrition. This policy brief aims at explaining this double sided sword. ...
  • U.S. steel and aluminium tariffs: how should the EU respond?
    Authors
    Uri Dadush
    March 15, 2018
    President Trump’s proclamation that, because of national security concerns, he will apply a 25% tariff on all steel and a 10% tariff on all aluminium imports into the United States – except provisionally and dependent on NAFTA negotiations those from Canada and Mexico – affects, respectively 5.1 billion Euros and 1.1 billion Euros of EU exports. These are not trivial sums. However, the invocation of the national security exception in this case has implications that go far beyond nar ...
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    ٢٠١٨ ملامح منعرج للإقتصاد العالمي : أوربا تستيقظ و اسيا ترسخ موقعها
    Authors
    Fathallah Oualalou
    February 21, 2018
    تعتبر 2018 بلا شك نقطة تحول في تطور الاقتصاد العالمي. أوروبا، بعد أن بدأت في الخروج من الأزمة في عام 2017 ، من المرجح أن تدخل مرحلة نمو قوي ومستدام بفضل الزيادة الهيكلية في الإنت°اج الصناعي، إضافة الى الانعكاسات الإيجابي°ة للمشروع الإصلاحي المؤيد لأوروبا موحدة الذي يحمله الثن°ائي الفرنسي الألماني. كما ان آسيا تستمر في تأكيد مكانتها كمحرك رئيسي للاقتصاد العالمي، حيث اصبحت ثلاثة بلدان من اسيا )الصين واليابان والهند( تنتمي لقائمة أكبر خمسة اقتصادات عالمية في عام 2018 . هذه التطورات تدف ...
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    Diversité de l’agriculture africaine et commerce intracontinental : quelles opportunités pour l’intégration
    Authors
    Mohammed Rachid Doukkali
    Tharcisse Guèdègbé
    Fatima Ezzahra Mengoub
    December 22, 2017
    L’agriculture africaine a connu dernièrement une croissance relativement élevée, quoique peu résiliente et tirée principalement par l’extensification. Malgré sa diversité, les niveaux de production restent insuffisants pour autonomiser le continent surtout pour ce qui est des produits alimentaires de base. En misant sur l’intégration, des marges de progrès se présentent aux pays africains pour améliorer l’écosystème de l’agriculture africaine et ses performances. Il s’agit de puiser ...
  • Exploiting the Economic Potential of Africa and its Global Links
    December 13, 2017
    Moderator: Alan Kasujja, Presenter, BBC News - Uri Dadush, Senior Fellow, OCP Policy Center - Yang Guang, General Director, Institute for West-Asian and African Studies, the Chinese Academy of Social Sciences - Laoye Jaiyeola, CEO, Nigerian Economic Summit Group - Miguel Angel Moratinos...
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    Agricultural Trade and Food Security
    Authors
    Will Martin
    December 5, 2017
    The second United Nations Sustainable Development Goal (SDG2) includes the goal to: “End hunger and achieve food security and improved nutrition” by 2030. While such an ambitious goal will clearly involve a wide range of policies and actors, this policy brief focuses on the role of trade policies in affecting food and nutrition security. Extensive and frequently contentious, debate swirls about whether trade in agricultural products is beneficial or detrimental for food security, pa ...
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    The Protectionist’s Progress: Year 1
    Authors
    Uri Dadush
    December 5, 2017
    President Trump’s actions on trade have not quite matched his rhetoric, but the worst may be to come. Though the political opposition to his protectionism is formidable, so are his conviction and determination and he possesses a wide array of instruments to pursue his goals. The trade doctrine he has espoused makes for trade policy instability both at home and abroad. It may lead to a large deterioration in the operating environment of international business. America’s tradedependen ...