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November 30, 2023This Chapter was originally published on Cape Town Chronicles The history of debt in Africa is a long and painful one. It began in the 1980s, when the public finances of most developing countries deteriorated following two episodes of oil shocks, leading to a "lost decade" of low growth, increased poverty, and political instability. The recovery from the debt crisis only became possible following initiatives in favour of heavily indebted poor countries (HIPC) and the Multilatera ...
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November 30, 2023In this episode, we dive into the pressing necessity for climate initiatives in Africa. Despite its minimal global emissions, Africa grapples with severe climate challenges and a substantial funding shortfall. Yet, as obstacles persist, including the disconnect between investor expectat...
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November 29, 2023To emphasize the importance of addressing this issue and discuss the potential actions that need to be taken to ensure food security and sustainable development in these nations, the Policy Center for the New South is organizing a webinar titled “Rising Food Prices: Understanding the Im...
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November 28, 2023This Working Paper was originally published on erf.org.eg Like many developing countries, Morocco faced a significant increase in public debt following the COVID-19 pandemic. In 2022, Central government debt reached 69.6% of GDP, up from 60.3% in 2019, highlighting the need for a thorough analysis of debt sustainability. This paper examines the main trends in the Moroccan economy over the past two decades, including growth performance, monetary policy and financial conditions and e ...
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Akram Zaoui & Anahi WiedenbrügNovember 24, 2023Debt in the Global South was a key point of discussion during the last annual meetings of the World Bank and International Monetary Fund which took place in Marrakesh on October 2023. Whi ...
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November 22, 2023As part of the webinar series: “The Global Economy in Transition : Implications for Developing Countries”, the Policy Center for the New South is organizing a webinar titled: " The Future of Central Banks in Emerging Markets and Developing Countries” to contribute to the debate around t...
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AuthorsNovember 21, 2023Multiple shocks faced by the global economy over the past three years have apparently shaken the conventional wisdom on gains from economic integration, and have sparked widespread calls for protectionist and nationalist policies. Is there already evidence of some ‘deglobalization’, or do the factors that underlie globalization remain strong enough despite the shocks? So far, there are no signs of an overall reversal in the long-term trend of greater global trade integration. Howev ...
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Helmut Sorge & Stefan BuijsmanNovember 17, 2023During this interview, Mr. Stefan Buijsman, Assistant Professor at the Technische Universiteit Delft provides an analysis on the multifaceted nature of Artificial Intelligence, raising cr ...
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November 14, 2023This Policy brief was originally published on erf.org.eg Like many emerging and developing economies, Morocco has experienced a significant increase in public debt since the COVID-19 pandemic. Central government debt reached 69.6 percent of GDP in 2022, up from 60.3 percent in 2019, and overall public debt increased to 82.5 percent of GDP in 2022, well above the presumed critical threshold of 60 percent. Therefore, it becomes crucial to conduct a comprehensive debt sustainability a ...
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Helmut Sorge & Jean-Daniel GerberNovember 10, 2023In this episode, we analyze the influence of the global tensions, featuring discussions on the far-reaching consequences of the ongoing wars and their ripple effects on the world economy ...