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
    May 12, 2020
    Les 20 et 21 avril 2020, sur le New York Mercantile Exchange (Nymex), les prix du West Texas Intermediate (WTI) pour le contrat de mai 2020 sont tombés largement en dessous de zéro. Ces prix négatifs – un concept quelque peu difficile à appréhender – ont montré, de façon spectaculaire, à quel point la pandémie du Covid-19 a un impact considérable sur le marché pétrolier mondial. Il convient, cependant, de relativiser ces prix négatifs qui portaient sur une qualité de pétrole (le WT ...
  • May 12, 2020
     اليقينيات و فضحت خال أسابيع محدودة مدى هشاشة الانسان في محطة متقدمة من العولمة من خال حدة الصدمة الاقتصادية التي أفرزتها عالميا. و رغم اننا ما نزال غير متحكمين في الخروج من هذه الأزمة الصحية فإن كل الملاحظين يتفقون على أن مسار العولمة سيتأثر حتما بعواقبها نتيجة الانخراط العالمي في الحجر الصحي الذي فرض نفسه كظاهرة معولمة. ذلك انهم يتفقون على ان هذه الأزمة ستؤدي مستقبلا لمراجعات عميقة للتدبير الاقتصادي و للسياسات العمومية بل للمنظومات السياسية و المجتمعية و للعلاقات الدولية بين .الأق ...
  • Authors
    May 11, 2020
    They live in the shadow of death: the United States has 2,650 death-row inmates, 740 in California’s San Quentin State Prison alone. Today, these prisoners fear another executioner, the invisible COVID-19. The condemned on death row live in single cells, some having spent many decades in solitary confinement. The suicide rate is high, and many die of natural causes before their rendezvous with the special execution team. These prisoners hardly ever receive visitors, and for them th ...
  • Authors
    May 11, 2020
    Data recently released on the first-quarter global domestic product (GDP) performance of major economies have showed how significant the impact of COVID-19 has been on economic activity and jobs, with large contractions across the board. The ongoing global recession is poised to be worse than the “great recession” after the 2008-09 global financial crisis, especially from the standpoint of emerging market and developing economies. The depth and speed of the GDP decline will rival th ...
  • May 11, 2020
    Coronavirus takes down global economic giants (fourth video of the series on the coronavirus crisis) - The impact of COVID-19 on economic activity and on jobs has been deep and strong - The shape of post-coronavirus recovery will depend on the success of containment policies and… - the ...
  • Authors
    Mohammed Germouni
    May 8, 2020
    An examination, inevitably bound to be broad in scope, of the economic and social implications for a country, in this case Morocco, of a sudden pandemic that has broken out in virtually most parts of the world, can only be a prelude to a broader and more comprehensive study to be undertaken in due course. For obvious reasons, especially as the current crisis induced by the primacy of health, could later evolve into a form of economic depression as various multifaceted aid and suppor ...
  • Authors
    Mohammed Germouni
    May 8, 2020
    Un examen, nécessairement à grands traits, des incidences économiques et sociales pour un pays, en l’occurrence le Maroc, d’une soudaine pandémie qui s’est déclarée sur presque la plupart des régions de la planète, ne peut être qu’un simple prélude d’une large étude exhaustive à entreprendre le moment venu. Et ce pour des raisons évidentes, à savoir que la crise en cours induite par le primat du sanitaire, pouvant évoluer, ensuite, en une forme de dépression économique que divers pr ...
  • Authors
    May 8, 2020
    Digital technological innovation, combined with new financing approaches, can make a significant contribution in the field of access to energy. This is the case in Kenya, where payas- you-go solutions, combined with solar home systems and an extensive mobile network, have enabled thousands of Kenyans to access clean and affordable off-grid electricity. This policy paper identifies the drivers of the development of pay-as-you-go solutions in off-grid systems in Kenya, assesses their ...