Dialogue Session - Vision on the World Political and Economic Prospects

As the introductory textbook to economics by Nobel Prize Paul Samuelson, who served several generations of students, including mine, said: “It is easy to teach economics to a parrot. Two words are enough: supply and demand”. These two factors suggest 2023 will be a year of upward trend for most commodity prices. Last year was marked by shocks and volatility in commodity prices, with two distinct moments. After the sharp rise in the first half, due to the invasion of Ukraine by Russ ...

La double crise actuelle de l’énergie et du conflit militaire en Ukraine freine énormément les processus qui se développaient dans l’ère post-Covid 19. Dans ce contexte fragile et tourmenté, la vulnérabilité touche également les chaînes globales de valeur et les systèmes agroalimentaires. La vulnérabilité de la Chaîne Globale de Valeur (GVC) est une fonction de la capacité d’adaptation (CA) face aux chocs et aux impacts potentiels que présentent la fragmentation du ...

This publication was originally published in https://ijisrt.com/assets/upload/files/IJISRT23JAN789.pdf   The current transformation of the society under the influence of digital technologies has no historical analogue in terms of its spread and the pace of development. The future will heavily depend on digital technologies. The role of the digital economy and 5G technologies is increasing day by day and for Georgia, - as a developing country, it is important not to fall behind the ...

Les fluctuations que connaissent les marchés de l'énergie depuis le début de la pandémie de la Covid-19 en 2019/2020 se sont prolongées, avec une incertitude sans précédent, sur l'approvisionnement énergétique mondial, qui s'est développée au cours de 2022 à la suite de l'invasion de l'Ukraine par la Russie, dans un contexte d'affaiblissement de la macroéconomie et d'inflation élevée. Alors que certains voyaient en ce contexte un risque de ralentissement de la transition énergétique ...

This paper was originally published as a chapter within the Book, Foreign Exchange Constraint and Developing Economies, published on January 2023 (ISBN  978 1 80088 049 8).   The decade after the global financial crisis (GFC) of 2007–2009 saw signifi- cant changes in the volume and composition of capital flows in the global economy. Portfolio investments and other non-bank financial intermediaries (NBFIs) are behind an increasing share of foreign capital flows, while bank- ing flo ...

This Paper was originally published on tandfonline.com   It has been recognised that the fiscal multiplier is a function of structural features of the economy and policy reaction parameters. Moreover, the debate on the magnitude of the multiplier along the business cycle has also been the subject of disputed debates. On these grounds, we look at the Greek case by calibrating a NUTS-2 interregional general equilibrium model using data for distinct states of the Greek economy during ...