Fireside Chat - Resisting the Fragmentation of the World Economy

In a country as stable as Germany, changes of Chancellor are a rarity. Angela Merkel stayed in power for sixteen years, as did Helmut Kohl in his time. The new three-party coalition (Social Democrats, Greens, Liberals) intends to shake up the country. How should Africa approach this new leadership? Can the new government bring momentum to Euro-African relations? Can Berlin bring about a clear understanding of Africa’s development issues and geopolitical subtleties? ...

Energy markets have experienced significant disruptions since the outbreak of COVID-19. In late 2021, soaring natural gas prices triggered a new crisis, leading to risks of energy supply shortages worldwide and propelling the issue of energy security to the forefront. Africa will not be spared the repercussions of this crisis, which could further increase energy inequality, which is in turn linked to other forms of inequality. Indeed, in a context of persistent inflation, the lack o ...

COVID-19 has ravaged nearly every country in the world, with the globalization of recent decades intensifying its spread. As of mid-2021, the world had spent $16.5 trillion—18% of global GDP—to fight the disease. And that amount does not even include the most important losses such as deaths, mental health effects, restrictions on human freedom, and other nonmonetary suffering. Nearly 90% of this spending was by developed economies, with the rest by emerging market and developing eco ...