Africafé: Dette et développement en Afrique

April 18, 2024

Dans cet épisode, nous accueillons M. Badr Mandri, Economiste au Policy Center for the New South qui partage son analyse sur « La Dette et développement en Afrique ». Plusieurs pays d'Afrique ont déclaré un défaut de paiement ou se sont engagés dans des initiatives de suspension du service de la dette en raison de problèmes financiers. Les études montrent qu’une grande partie de ces pays sont vulnérables face aux chocs exogènes, rendant plus fréquents les épisodes de tension sur la liquidité et les mène au bord de l’insolvabilité. Ces événements laissent entendre qu’une nouvelle crise de la dette sur le continent est en train de se profiler et malgré les efforts engagés par chaque pays pour mobiliser des ressources domestiques, le recours à l'endettement demeure un levier majeur pour financer le développement et les projets structurants.

Au cours de la dernière décennie, le profil des créanciers s’est diversifié avec la présence de pays émergents et des acteurs du secteur financier privé qui ont élargi le paysage des prêteurs dans le continent. Cette situation qui a permis de contribuer à l’afflux de ressources supplémentaires mais également à alourdir la dette publique. Alors que la question du traitement de la dette africaine est au cœur des discussions sur l'architecture financière internationale nous tenterons dans cet épisode d’analyser la situation de l’endettement dans le continent et les solutions envisagées pour une meilleure prise en compte du profil de la dette africaine.

Speakers
Ahmed Ouhnini
Economist, Policy Center for the New South
Ahmed Ouhnini is an Economist at the Policy Center for the New South. His research area covers agricultural economics, human and social development. Previously, he has worked as a researcher at the Paris School of Economics (PSE) and has also a record of working in consulting services in Morocco. Ahmed holds an engineering Diploma in Agriculture and Rural Development from the National School of Agriculture of Meknes and a Master’s Degree in Law, Economics and Management from the Paris 1 Pantheon Sorbonne Institute of Development. ...
Badr Mandri
Economist
Badr Mandri is an Economist who joined Policy Center for the New South after two years’ experience at the Moroccan national statistics office (HCP, High Commission for Planning). His research activities focus on development macroeconomics especially on fiscal policy and development financing. Badr Mandri holds a master’s degree in applied economics, and is currently a PhD student at Mohamed V University in Rabat; ...

RELATED CONTENT

  • Authors
    May 11, 2023
    This paper aims to investigate the impact of an inflation targeting framework adoption by the central bank, on the reduction of public debt ratios in emerging countries, through the potential discipline-enhancing effect of inflation targeting on the conduct of fiscal policy in general. The impact evaluation method used is the Propensity Score Matching (PSM), which allows the evaluation of the treatment effect of inflation targeting on fiscal discipline, in terms of public debt reduc ...
  • Authors
    Inácio F. Araújo
    May 5, 2023
    This paper presents a synthetic view of the socioeconomic and environmental impacts of the economic sectors and regions that make up the Moroccan economy, taking into account the current economic structure and production technologies. Therefore, the potential effects must be understood as signals to think about interventions aimed at redirecting the desired trajectories of sustainable development. The application of the tools developed to give scientific support to this analysis rev ...
  • 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 ...
  • Authors
    April 10, 2023
    The contemporary global energy landscape is experiencing noteworthy changes in demand, supply, technology, markets, and investment. These developments transcend conventional oil and gas security considerations. Renewable energy sources, such as wind and solar power, have become increasingly cost-effective compared to fossil fuels, and the minerals required to produce them are gaining importance. Nevertheless, recent events such as the Covid-19 pandemic and the conflict in Ukraine ha ...
  • April 7, 2023
    Le Policy Center for the New South, la Faculté de Gouvernance, des Sciences Économiques et Sociales (FGSES), l’Association Démocratique des Femmes du Maroc et le Réseau Marocain des Femmes Médiatrices organisent conjointement une série d’activités pour commémorer la Journée internationa...
  • Authors
    Hala Boumaiz
    April 7, 2023
    In an attempt to bring the World Cup back to Europe and Africa, Morocco has joined Spain and Portugal in a three-way bid to host the 2030 FIFA World Cup. While there are still talks of Ukraine remaining in the bid, the three confirmed countries are hoping to score big with major economic, cultural, and political benefits. Although not as large as the Olympics in terms of logistics, the FIFA World Cup is one of the most prestigious and watched sporting events in the world. Early figu ...
  • Authors
    April 5, 2023
    The Policy Center for the New South and the Economic Research Forum held on March 20 a workshop titled ‘Stabilization and adjustment towards inclusive and sustainable policies in MENA: The Moroccan case study’. The event took place at the PCNS headquarters in Rabat, Morocco. It brought together renowned Moroccan economists and scholars to discuss the issue of public debt sustainability in the context of the Moroccan economy. It was an occasion to revisit the main features of the Mor ...
  • 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 ...
  • 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 ...