Africafé: Evolving economic trends and the impact on African economies

September 29, 2022

In this episode, Otaviano Canuto talks about a perfect storm coming towards African economies. With inflation soaring and global uncertainty looming from a world economic perspective, Otaviano Canuto shares his thoughts on the crisis and his recommendations to mitigate the adverse effects of the crisis on the African continent.
 

Speakers
Otaviano Canuto
Senior Fellow
Senior Fellow at the Policy Center for the New South, principal at Center for Macroeconomics and Development and non-resident fellow at Brookings Institute. Former Vice President and Executive Director at the World Bank, Executive Director at the International Monetary Fund (IMF) and Vice President at the Inter-American Development Bank. He was also Deputy Minister for international affairs at Brazil’s Ministry of Finance, as well as professor of economics at University of São Paulo (USP) and University of Campinas (UNICAMP). ...
Youssef Tobi
International Relations Specialist
Tobi Youssef has joined the Policy Center for the New South in 2017. He is currently working on Politics and Governance in the Maghreb Region; his areas of expertise are geopolitics, political risk and nation building. Youssef Tobi obtained a Master Degree at Sciences Po Lyon  where he wrote two thesis on “ the role of Moroccan Bank in Africa, a non-state actor in service of the Diplomacy”  and the“ Chasm between the mediatic and associative representation of refugees : a case study”.  Prior to working at the Think tank, Tobi Youssef participated in a Social Entrepreneurship Project in Beirut, Lebanon and conducted an internship in a NGO based in Marseille where he assisted refugees and helped raise funds. ...

RELATED CONTENT

  • February 9, 2022
    In a country as stable as Germany, changes of Chancellor are a rarity. Angela Merkel stayed in power for sixteen years, as did Helmut Kohl in his time. The new three-party coalition (Social Democrats, Greens, Liberals) intends to shake up the country. How should Africa approach this new leadership? Can the new government bring momentum to Euro-African relations? Can Berlin bring about a clear understanding of Africa’s development issues and geopolitical subtleties? ...
  • Authors
    February 9, 2022
    Energy markets have experienced significant disruptions since the outbreak of COVID-19. In late 2021, soaring natural gas prices triggered a new crisis, leading to risks of energy supply shortages worldwide and propelling the issue of energy security to the forefront. Africa will not be spared the repercussions of this crisis, which could further increase energy inequality, which is in turn linked to other forms of inequality. Indeed, in a context of persistent inflation, the lack o ...
  • February 8, 2022
    This year marks the 50th anniversary of the declaration of the “war on drugs” by President Richard Nixon. Since then, law-enforcement responses are primarily used to counter the production, trafficking and consumption of illegal drugs. The international control regime based on the prohi...
  • February 8, 2022
    This year marks the 50th anniversary of the declaration of the “war on drugs” by President Richard Nixon. Since then, law-enforcement responses are primarily used to counter the production, trafficking and consumption of illegal drugs. The international control regime based on the prohi...
  • February 8, 2022
    This year marks the 50th anniversary of the declaration of the “war on drugs” by President Richard Nixon. Since then, law-enforcement responses are primarily used to counter the production, trafficking and consumption of illegal drugs. The international control regime based on the prohi...
  • Authors
    February 3, 2022
    COVID-19 has ravaged nearly every country in the world, with the globalization of recent decades intensifying its spread. As of mid-2021, the world had spent $16.5 trillion—18% of global GDP—to fight the disease. And that amount does not even include the most important losses such as deaths, mental health effects, restrictions on human freedom, and other nonmonetary suffering. Nearly 90% of this spending was by developed economies, with the rest by emerging market and developing eco ...