Fireside Chat - Resisting the Fragmentation of the World Economy

Dès les premiers cas du Coronavirus relevés en Afrique, les prédictions les plus sombres ont été faites sur la catastrophe sanitaire à venir sur le continent, en raison d’un certain nombre de caractéristiques supposées favoriser la propagation de l’épidémie. Ces prévisions ont été démenties par la rapidité des ripostes des Etats et par divers autres facteurs. La progression de la Covid-19 en Afrique n’est pas le fait d’une dynamique unique mais plutôt de multiples profils de risques ...

The maxim that in adversity we find unity has never truly materialized following the outbreak of the novel coronavirus (COVID-19). Despite fighting a common enemy, individual societies have turned inwards, moved by a self-preservation instinct that prioritizes individual over collective well-being. Outbursts and demonstrations of solidarity have punctuated national and international responses to COVID-19, but the virus has also often exacerbated structural inequalities, reopening ol ...

This article was originally published on Bruegel  A recovery from the COVID-19 recession is underway though the suffering is far from over, especially for the most vulnerable. Inequality is both a consequence of the pandemic and a cause of its severity. Many countries need comprehensive policy change to address its worst effects. At the end of a tragic year marked by pandemic and increased poverty, the miraculously rapid arrival of vaccines stirs great hope. The COVID-19 recession ...

After reaching a peak against other currencies in March this year, the dollar fell by almost 15% until the beginning of December. According to Bloomberg, asset portfolio managers have been assuming "short" positions against the dollar, that is, betting on its fall ahead. The dollar is expected to devalue against the euro, the yen, and the Chinese RMB in 2021. The peak last March, during the coronavirus financial shock, reflected the search for a safe haven in short-term US bonds or ...