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

The Multidimensional Poverty Index provided for the UNDP (United Nations Developed Program) looks beyond monetary income and shows how poverty is the experience of multiple and simultaneous deprivations. People can fall behind in terms of health, education, and living standards, with challenges including lack of access to drinking water, sanitation, adequate nutrition, or primary education. Those who are deprived of at least one third of the index’s components are classified as mult ...

The COVID-19 disease, caused by the novel coronavirus, is the most serious health crisis since the Spanish flu of 1918, which is estimated to have killed between 50 million and 100 million people worldwide. By the latest count (March 29), the disease had spread to over 177 countries, with more than 630,000 cases reported and 30,000 recorded deaths. These numbers are increasing exponentially at present and the cases and deaths reported are both believed to be undercounted. Deaths are ...

Illicit financial flows (IFFs) have become a serious threat to the attainment of global development goals. On February 28th, 2020, the President of the United Nations General Assembly, Tijjani Muhammad-Bande, and the President of ECOSOC, Mona Juul, have announced a high-level panel on international financial accountability, transparency, and integrity (FACTI) as a means to address this challenge, which inhibits financing for the Sustainable Development Goals. This paper provides an ...

L’objet de ce Papier est de proposer un indice qui synthétise et suit le niveau de compétitivité structurelle et d’attractivité des pays en développement pour l’atteinte de l’émergence économique. Il s’inscrit dans le cadre conceptuel de l’émergence pris au sens large retenu dans l’ouvrage « l’émergence économique des nations: définition et mesure » de Moubarack LO (2017). L’Indice de Compétitivité Structurelle (ICS) vise à proposer une mesure synthétique unique de tous les leviers ...

Le Covid-19 marque les esprits et impose à l’économie mondiale un ralentissement qui fait craindre les pires conséquences sur la production, les emplois et sur le futur immédiat des économies en développement. Les autorités budgétaires et monétaires à travers le monde s’engagent dans des politiques de soutien aux économies, avec des fonds et des initiatives inédits. Le continent africain, également touché par la pandémie, mène lui aussi des politiques économiques courageuses (budgét ...

A feeling of collective insanity has overtaken the world since the Coronavirus Disease 2019 (COVID-2019) emerged in Wuhan, China. The virus—more lethal than influenza—was initially treated lightly by the West. This approach showed the lack of preparedness of many countries in dealing with the epidemics we are currently facing. Instead of implementing immediate measures to deal with the challenges imposed, some political and business leaders started labeling COVID-19 as the Chinese v ...

On February 20-21, the Heads of State or Government of the European Union began the last phase of negotiation of the EU’s Multiannual Financial Framework 2021-2027, the Union’s seven-year budget. Although that European Council made little progress—a long tradition at this stage of negotiations within the EU—discussions focused on the proposed reductions in structural funds and the funds to support the Common Agricultural Policy, and the resulting net balance of funds for each of the ...

La géopolitique du Moyen-Orient connaît aujourd’hui des changements structurels: l’ordre régional est en transition, dans le sillage des printemps arabes, qui ont ébranlé la gouvernance autoritaire et libéré la compétition de puissance, sur fond de retrait américain. Cette nouvelle course à la domination régionale remet en cause la hiérarchie traditionnelle des puissances, essentiellement fondée sur la capacité militaire et le jeu des alliances extérieures. L’économie, jusque-là gar ...

L'épidémie de coronavirus vient encore davantage affaiblir les économies du golfe de Guinée déjà particulièrement fragilisées par un secteur pétrolier localement en crise depuis plusieurs années. La rapide baisse des cours va mettre à nouveau à rude épreuve des systèmes qui ne parviennent pas à se réinventer et à se diversifier afin de se prémunir des travers souvent constatés au sein des Etats rentiers. Outre l'impact économique, ce sont également les potentielles difficultés d'ord ...

The Service sector is central to economic growth, trade and employment across the world. Trade in services has increased from 8.5 per cent of global GDP in 1995 to 13.1 per cent of GDP in 2017. However, Africa is taking less advantage of these opportunities than others. In this policy brief we highlight important misconceptions that may be holding back services exports in Africa. The potential for services sector growth and services exports from low levels in Africa is large. Polici ...