Brazil and South Korea: Two Tales Of a Middle-Income Trap

The activity rate of Moroccan women (*) has been on a structural decline for some twenty years. This trend is all the more critical given its low level, regarded as one of the lowest in the world. And yet, a host of reforms, programs and actions have been implemented or are underway to improve the condition of women, both economically and socially, and in both urban and rural areas. Are we dealing with a societal phenomenon or simply with economic growth issues? What lessons can we ...

Ce papier est consacré au Nouveau Modèle de Développement des provinces du Sud (NMDPS), lancé par Sa Majesté le Roi Mohammed VI dans son discours de Laâyoune du 6 novembre 2015. L’accent y sera mis sur les réalisations au titre de ce Nouveau Modèle de Développement durant la période 2016-2022. Dernier volet d'une insertion définitive de ces provinces au sein du Royaume, ce nouveau modèle est doté de moyens financiers en conséquence, passant de 77 MM de dhs à 81 MM de ...

On Friday, March 10 -2023, the US and the world discovered that the Federal Deposit Insurance Corporation (FDIC) had seized the Silicon Valley Bank after SVB’s customers had withdrawn an extraordinary $42 billion from their deposits on March 16. This $4.2 billion an hour, or more than $1 million per second for ten straight hours, an unprecedented event made possible by the use of Apps by many startup founders to access their accounts and advise their friends to do the same -what the ...

Silicon Valley Bank (SVB), the sixteenth largest bank in the United States, experienced a bank run in early March 2023, and was closed by the U.S. Federal Deposit Insurance Company (FDIC) on March 10. This bank failure, followed by others, creates fear of contagion throughout the U.S. and global banking systems. This Brief identifies four factors leading to the SVB crisis: i) Sharp interest rate increases by the Federal Reserve, which adversely affected SVB’s income and balance shee ...

This Paper was originally published on mdpi.com   Cities play a fundamental role in reducing greenhouse gas emissions and advancing the 2030 Agenda for Sustainable Development. In this context, public authorities need tools to help in identifying the best set of available solutions for the urban environment. Here, we developed an approach to help decision makers in evaluating sustainable solutions, considering aspects such as emission rate, economic attractiveness, job creation, a ...

The aims of this article were twofold. First, to tackle the issue of convergence from an analytical point of view by presenting the mathematical developments of the main economic growth models, which emphasized that the convergence of African economies is conditional to the investment level in the early stages of physical capital accumulation. As the latter increases, the convergence of African economies is determined by other factors (investment in research and development (R&D ...

The member countries of the International Monetary Fund decided in 2021 to create a new tranche of Special Drawing Rights (SDRs) for a sum equivalent to $650 billion. Under the Fund's usual rules, Africa as a whole would receive only a small share of this ($33 billion). Consequently, a number of advanced countries have offered to give Africa a share of their new SDR allocations, so that Africa will receive a total of $100 billion. This Policy Brief provides an update on this topic. ...