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

  • Authors
    June 12, 2020
    The United States has suffered more COVID-19 casualties than any other country and continues to report large numbers of new cases and deaths, and – as evident recently in stock markets – investors remain extremely sensitive to the epidemic’s shifting trends. As every state reopens, including most recently the New York epicenter, the fates of the American economy and of the global economy depend on whether the United States has put the worst of the epidemic behind it, or whether it w ...
  • Authors
    June 12, 2020
    She is just seventeen. An African-American high-school student. If Darnella Frazier had not turned on her cellphone on May 25, when she witnessed four police officers arresting a black man in Minneapolis, the world would never have known how George Floyd died that day, or why. A convenience store employee had called the police, accusing Mr Floyd of buying cigarettes with a fake $20 bill. Possibly Mr Floyd resisted arrest, which did not result in a “medical incident” as the police in ...
  • June 12, 2020
    Le Laboratoire d’Economie Appliquée ( LEA) de la Faculté des Sciences Juridiques Economiques et Sociales Rabat - AGDAL en partenariat avec le Policy Center for the New South, a le plaisir de vous inviter à participer à la table ronde organisée sous le thème «Les politiques économiques d...
  • Authors
    June 11, 2020
    When the cruise ship the MS Braemar in March had coronavirus cases confirmed on board, it struggled to find somewhere to dock. The Americans turned it away, as did the Bahamas. But another nation, just 200 miles off the U.S. coast, accepted the desperate Braemar. Cuba allowed it to berth in Puerto Mariel, 40 kilometers west of the capital, Havana. Within a day, in cooperation with the British government, Cuban medical teams accompanied more than 680 passengers to Havana airport and ...
  • Authors
    نزار الفراوي
    June 11, 2020
    شكلت جائحة كوفيد 19 تحديا غير مسبوق بالنسبة للإعلام المغربي بمختلف منابره المكتوبة والمسموعة والمرئية والإلكترونية. كان السؤال يطرح إشكالية تنشيط آليات إعلام أزمات في بلد لم يشهد الجيل الصحافي الممارس به أزمة سابقة تكرس تقليدا وتشحذ مهارات وتبني ذاكرة خبرة للتعاطي مع حالة استعجالية من هذا الحجم، ومن هذا النوع. أياما قبل تسجيل الحالة الوافدة الأولى للفيروس، كان المغاربة يتناقلون أخبار الوباء من القنوات الفضائية العالمية بشكل أقرب إلى أعاجيب تحدث في بلاد بعيدة، إلى أن حل الوباء بالبل ...
  • Authors
    June 10, 2020
    Three features of the post-pandemic global economy can already be anticipated: the worldwide rise in public and private debt levels, accelerated digitization, and a partial reversal of globalization. The first arises from the public sector's role as the ultimate insurer against catastrophes, government policies to smooth pandemic curves and the coronavirus recession. These will leave a legacy of massive public-sector debt worldwide (as discussed in a previous post. Lower tax revenue ...
  • June 10, 2020
    Quelle stratégie industrielle pour le Maroc de demain ? Une discussion organisée en partenariat avec EGE Alumni. Intervenants : • M. Mohamed Bachiri, Directeur Général de Somaca, Vice-Président de la CGEM et Président de la Commission Innovation et Développement Industriel ; • M. Uri Da...
  • June 10, 2020
    Ce travail vient explorer une nouvelle piste qui pourrait contribuer à une levée de confinement efficace. Il s’agit d’un phénomène que l’on appelle « effet coupe du monde ». Nous définissons, d’abord, ce phénomène, montrons son existence et son éventuel effet amplificateur au regard de la progression de la pandémie, en termes du nombre de cas infectés au pic et la durée encourue avant son atteinte. Partant de scénarios hypothétiques, en ce qui concerne les conditions initiales à la ...
  • June 10, 2020
    We explore a new avenue that could contribute to an effective de-confinement in the context of COVID-19. This phenomenon is known as the ‘World Cup Effect’. We first define this phenomenon and highlight its existence and its possible amplifying effect with regard to the spread of the pandemic, in light of the number of infected cases recorded at the pandemic’s peak, and the duration before reaching its highest level. Based on hypothetical scenarios in terms of the initial conditions ...