Back

Africafé: Evolving economic trends and the impact on African economies

September 29, 2022
Related topics: 

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

  • Les transferts de fonds des migrants vers l’Afrique exercent-ils un effet de levier sur l’investissement et sur la croissance économique ?
    Authors
    Nor-eddine OUMANSOUR
    Mohamed AZEROUAL
    Sarra BAHIJ
    October 2, 2019
    Cet article analyse les retombées des transferts de fonds des migrants sur la croissance économique et sur l’investissement domestique des pays africains. A cette fin, nous avons utilisé la Méthode des Moments Généralisés en Système en panels dynamiques pour un échantillon de 34 pays sur la période 1980-2016. Les principaux résultats des estimations effectuées montrent que les transferts de fonds des migrants exercent un effet significatif et positif sur la croissance économique et ...
  • India and Morocco’s New Cooperation Areas: Focusing on Security and Preventing Violent Extremism
    Authors
    Ihssane Guennoun
    October 2, 2019
    With India looking more towards Africa as a home for sustainable partners, it is also looking at diversifying the areas of collaboration with several African countries, especially with Morocco. As early as 1967, India’s then Vice-President Zakir Hussain visited Morocco and set the tone for engagement between both countries. The latter has established diplomatic relations based on mutual understanding, tolerance and respect. Since then, the two countries have enjoyed fruitful relatio ...
  • Annual Report on African Economies 2019
    Authors
    Under the Supervision of
    Larabi Jaïdi
    October 2, 2019
    Africa is an economic region which holds great potential despite the risks associated with its development. Indeed, many experts agree that Africa is emerging as the new frontier for global growth. Boosted by its abundant natural resources, a young and vibrant population, strong urbanization, more stable macroeconomic conditions, more stringent economic policies, a constantly improving business climate and improving governance, Africa is on track for a structural transformation that ...
  • Making Globalization Inclusive: Job Creation and Wage Inequality in Developing Economies
    Authors
    Karim El Aynaoui
    Aomar Ibourk
    Prakash Loungani
    October 1, 2019
    Some of the papers in this special issue were initially presented at a September 2016 conference on Global Labor Markets organized by the IMF, Policy Center for the New South and Brunel University, while others were commissioned through a call for papers. Funding for this initiative was provided in part through the IF-DFID program on Macroeconomic Research in Low Income Countries. Views expressed in this introduction and in the papers are those of the authors and should not be ascri ...
  • Growth and Jobs in Developing Economies: Trends and Cycles
    Authors
    Zidong An
    Tayeb Ghazi
    Nathalie Gonzalez Prieto
    Aomar Ibourk
    September 30, 2019
    This paper investigates the relationship between economic growth and job creation in developing economies with a focus on low and lower middleincome countries along two dimensions: growth patterns and short-run correlations. Analysis on growth patterns shows that regime changes are quite common in both economic growth and employment growth, yet they are not synchronized with each other. Okun’s Law—the short-run relationship between output and labor market—holds in half of the countr ...
  • Latin America Is Not Benefiting from the U.S.-China Trade War
    Authors
    Otaviano Canuto
    September 30, 2019
    Despite some short-term benefits, trade deviation to the region shouldn’t be expected to last. Has the U.S. trade war with China been good for Latin America? An increase in Chinese demand for primary products from the region, as well as recent news of production transfers from China to Mexico, might give the impression that it has. But any positive short-term effects of the confrontation should also take into account its negative medium- and long-term impacts on the region and on gl ...
  • Interview avec Uri Dadush, Senior Fellow , au sujet des inégalités au Maroc
    September 30, 2019
    Notre Senior Fellow a répondu aux questions suivantes : 1/ Dans la région du Moyen-Orient et d’Afrique du Nord, en 2016 la part du revenu global des 1% les plus riches était 2,6 fois plus important que celle des 50% les plus pauvres. Sur quels leviers agir pour réduire les inégalités da...