#AD2019 - DAY 1 IN 1 MIN

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 ...

Le retrait des troupes américaines d’Afghanistan et la reconquête, rapide et sans résistance notable, du pouvoir par les Talibans, a ouvert un nouveau chapitre dans l’histoire particulièrement tumultueuse de ce pays. La mise en oeuvre de la décision américaine a suscité des remous sur le plan interne et des critiques sur le plan extérieur, particulièrement de la part des alliés et des partenaires de Washington. Les engagements pris par les Talibans en vertu de l’Accord signé le 29 f ...

As China’s presence has expanded into the Horn of Africa, Somaliland has opted to distance itself from Beijing and presented itself as a democratic ally of the West – and Taiwan. On March 17, 2022, three Republican Congressmen introduced a bill titled the “Somaliland Partnership Act,” requiring the American Secretary of State to submit annual reports to Congress on assistance provided to Somaliland and conduct a feasibility study on establishing a security partnership with Somalilan ...

Which nation is next on Putin’s list, the Baltic states, Poland? “An oligarch is one of the select few people, who rule or influence leaders in an oligarchy- a government in which power is held by a select few individuals or a small class of powerful people” (www.dictionary.com) Now we know. The oligarchs of Moscow and St Petersburg, Vladivostok or Sevastopol, are forced to dig into their reserves, hidden cash, tons of Euro, dollar, pound wherever possible to camouflage their mone ...

Emerging market and developing economies (EMDE) face a common set of external shocks: rising energy and food prices; tightening in global financial conditions caused by the prospect of sharper interest rate hikes and anticipation of "quantitative tightening"; and return of restrictions on mobility in China, on account of the Covid zero policy, leading to slumping in growth and weakening one of the primary growth drivers for the other EMDE. However, the impacts of those common shocks ...

Le second tour des élections présidentielles françaises qui se tiendra ce 24 avril 2022 opposera de nouveau Emmanuel Macron, le président sortant, et Marine Le Pen, présidente du Rassemblement national. Pourtant, cette nouvelle élection n’est en rien similaire à celle de 2017. Cette élection est un nouvel affrontement politique entre deux leaders aux projets totalement opposés. C’est un duel politique français marqué par des bouleversements sociaux, économiques, générationnels, poli ...