#AD2019| Sarala Morusupalli: "I am confident that 10 years from now we will make a huge difference"

Discussions around large current account imbalances among systemically relevant economies as a threat to the stability of the global economy faded out in the aftermath of the global financial crisis. More recently, some signs of a possible resurgence of rising imbalances have brought back attention to the issue. We argue here that, while not a threat to global financial stability, the resurgence of these imbalances reveals a sub-par performance of the global economy in terms of fore ...

Africa is the new frontier of a global energy transition during a century in which people are rightfully preoccupied by climate change and sustainable development. Energy access in Africa can be reached through unity within and across the continent. Eliminating the obstacles of the historical divisions of the continent – whether linguistic, economic, or geographic – would foment investments and development aid. The African Union would be best equipped to reallocate and redistribute ...

Morocco’s energy landscape has been changing rapidly over the past decades. Alongside its own population growth, rising access rates to electricity as well as high rates of rural-urban migration and rising living standards, Morocco’s domestic energy needs have risen sharply since the early 1990s. This policy paper explores Morocco’s long-term energy options, focusing on “green” energy solutions that lie within Morocco’s natural competitive advantage. Using Morocco’s strategic assets ...

Cette publication conjointe entre HEC Center for Geopolitics et OCP Policy Center, compile douze Policy Papers qui ont été présentés, discutés et enrichis lors de la première édition des Dialogues Stratégiques, une plateforme d’analyse et de débat stratégique autour des principaux enjeux géopolitiques et sécuritaires internationaux, mais également régionaux revêtant une importance capitale pour les continents européen et africain. Ce premier volume des Dialogues Stratégiques est co ...

Brazil’s GDP contraction since mid-2014 has multiple non-fiscal roots - Canuto (2016a; 2014) – but it has morphed into an unsustainable fiscal trajectory (Canuto, 2016b). Dealing with the latter has become a precondition for full economic recovery and the Brazilian government has submitted to Congress a constitutional amendment bill mandating a public spending cap for the next 20 years. This piece considers how the Brazilian landscape evolved toward such a precipice and why addition ...

Le Maroc est actuellement plus que jamais menacé par le piège des économies à revenu intermédiaire. Il se retrouve pris entre, d'une part, la concurrence accrue exercée par des pays à faible revenu sur les secteurs à faible productivité et intensifs en main d'œuvre et, d'autre part, la difficulté d'accélérer son rythme de transformation structurelle vers des activités à plus forte valeur ajoutée et à contenu technologique plus élevé. L'expérience internationale nous montre que rares ...

We develop an interregional computable general equilibrium model to help assess the ex ante impact of transportation infrastructure policies in Egypt. The model is integrated with a GIS network. We illustrate the analytical capabilities of the model by looking at the domestic integration of the country. Improvements of transportation costs among Egyptian governorates and of their links to the broader world economy are considered in stylized simulations. The results provide quantitat ...