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January 20, 2023This paper was originally published as a chapter within the Book, Foreign Exchange Constraint and Developing Economies, published on January 2023 (ISBN 978 1 80088 049 8). The decade after the global financial crisis (GFC) of 2007–2009 saw signifi- cant changes in the volume and composition of capital flows in the global economy. Portfolio investments and other non-bank financial intermediaries (NBFIs) are behind an increasing share of foreign capital flows, while bank- ing flo ... -
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January 17, 2023This publication provides an insight into the lens through which countries of the Global South view the current period of successive crises, brought about by an ongoing global pandemic and a war in Europe. It highlights how the combined weight of history, culture, and geography has shaped the Global South’s interests and is influencing its foreign policy stance during one of the most dangerous periods of Great-Power competition in recent times—one that could see the fracturing of th ... -
January 16, 2023In recent years, and in light of the mounting challenges associated with the effects of climate change on communities worldwide, discussions have ramped up on the necessity to crowd in private money to meet the sustainable development goals (SDGs) and mitigate environmental challenges t...
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January 13, 2023In this episode, Dr. Aidi walks us through recent changes that underline how the global democratic recession is playing in out in Africa. He also offers a focus on North Africa with the c ... -
January 10, 2023يمكن اعتبار الاصلاح الدستوري لسنة 2011، تدشينا لجيل جديد من المؤسسات المنتخبة على المستوى المحلي والترابي، انبثقت عنها مجالس ديمقراطية، لها من الصلاحيات والآليات ما يمكنها من النهوض بالتنمية الجهوية المندمجة. ويتمثل هذا التنظيم الجهوي من خلال آليات تجمع بين الديمقراطية التمثيلية من خ...
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January 10, 2023This Paper was originally published on tandfonline.com It has been recognised that the fiscal multiplier is a function of structural features of the economy and policy reaction parameters. Moreover, the debate on the magnitude of the multiplier along the business cycle has also been the subject of disputed debates. On these grounds, we look at the Greek case by calibrating a NUTS-2 interregional general equilibrium model using data for distinct states of the Greek economy during ...
