Fireside Chat : Résister à la fragmentation de l'économie mondiale

Despite the sustained growth in the bilateral trade observed at the beginning of the Century, Moroccan – Brazilian economic relations are still going through what could be called the ‘shallow’ phase of relations between two middle-income countries. Trade is concentrated in a few products – those where both countries enjoy long lasting and natural comparative advantages – and face strong difficulties to diversify in terms of products and to upgrade towards more complex models of lin ...

The new Trump administration is openly protectionist. The President called for “America First” and for “Buy American, Hire American” in his inaugural speech and his subsequent actions dispelled any remaining doubt that he meant what he said during the election campaign. As promised, he has withdrawn from the Trans-Pacific Partnership, an agreement among twelve countries across three continents that took nearly 10 years to negotiate. He has threatened American companies that invest a ...

La réflexion développée dans cet ouvrage part d’un constat alarmant et pressant. Le processus continu et renforcé de l’accumulation du capital, dans lequel s’est engagé le Maroc depuis les années 2000, a permis certes de préserver la stabilité des équilibres fondamentaux et d’amortir les différents chocs exogènes, aussi bien internes qu’externes, mais il n’a pas permis d’insuffler un accroissement plus important des gains de productivité et d’accélérer la transformation de la base p ...

L’analyse des relations commerciales entre le Maroc et l’Afrique subsaharienne fait ressortir un volume des échanges croissants, reflétant ainsi une dynamisation continue des leurs relations commerciales. Une tendance similaire est observée au niveau des investissements directs étrangers, qui ne cessent de croître au cours des dernières années, traduisant la volonté du Maroc à devenir un acteur majeur dans le développement du continent africain. Ce Policy Brief présente dans un prem ...

An analysis of trade relations between Morocco and sub-Saharan Africa indicates a growing volume of trade, reflecting a continuation of stimulated trade relations. A similar trend is observed in foreign direct investment (FDI), which has continued to grow in recent years, reflecting Morocco's determination to become a major player in the development of the African continent. This Policy Brief first presents trends in inter-regional trade between Morocco and sub-Saharan Africa, focus ...

In previous pieces, we have analyzed the run up to the still-ongoing Brazilian recession as a combination of factors. Given an “anemia” of productivity increases, an appetite for public spending without prioritization led to a condition of fiscal “obesity”. The external factors that provided for a boom in the new millennium, notwithstanding underlying vulnerabilities, have dissipated. The economic policy adopted as a response to the growth decline aggravated those vulnerabilities. O ...

While energy products are clearly at the heart of geopolitical relations, other commodities should be taken into account to explain certain changes in the international economic and political environment. This is the case for steel since the 19th century. What about today? In a context of sluggish domestic demand, the considerable expansion of Chinese production and exports weigh heavily on the health of steelmakers, which are "historic" producers. Antidumping measures have thus bee ...

This year, under the patronage of His Majesty King Mohammed VI, the OCP Policy Center (OCPPC) - in collaboration with the German Marshall Fund of the United States (GMFUS) - hosted and organized the fifth Atlantic Dialogues, gathering over 300 high-level international public- and private-sector leaders from the Atlantic Basin to discuss cross-regional issues ranging from economic and social development, security and trade, to migration, resources, and energy. This year’s event, loca ...

L'intégration commerciale est une condition de réussite de tout projet d’intégration économique. Les facteurs entravant cette intégration commerciale sont donc un goulot d’étranglement au projet d’intégration économique des pays de la Communauté Economique des Etats de l’Afrique de l’Ouest (CEDEAO), projet qui constitue un moyen efficace de faire face à la forte expansion de la demande alimentaire sous régionale. Cet article vise à mettre en lumière les facteurs contraignant la flui ...