Future Economic and Social Development of Africa: Impact of Inequalities

October 12, 2023

 

Chair                          

Donald Kaberuka, Former President, African Development Bank (AfDB)

Presenter             

- Hamza Saoudi, Senior Economist, Policy Center for the New South (PCNS)

Discussants                

- Ted Ahlers, Director, Africa and the Middle East, Centennial Group

Mohamed Beavogui, Former Prime Minister of Guinea

Mavis Owusu-Gyamfi, Executive Vice President, African Center for Economic Transformation (ACET)

- Jean-Louis Sarbib, Director, Africa and the Middle East, Centennial Group

- Karin Wedig, Chief Economist, Economic Transformation, GIZ – German Development Agency

RELATED CONTENT

  • Authors
    November 2, 2023
    The global economic environment has changed as the U.S.—and to a less confrontational degree, the European Union—have clearly established a context of technological rivalry with China. Hindering China’s progress in the sophistication of semiconductor production has become a centerpiece of current U.S. foreign policy. While the U.S. is clearly winning the semiconductor war, the picture is different when it comes to clean-energy technology. Both technology wars overlap with access to ...
  • Authors
    Ali Elguellab
    Elhadj Ezzahid
    November 1, 2023
    The role of the production network in shock propagation has been an issue of considerable interest since the Great Recession. However, the empirical literature has only focused on advanced and emerging countries. This paper aims to contribute to filling this gap by examining the case of Morocco, a developing country belonging to the lower-middle-income group. The question is whether its production network is a factor in amplifying idiosyncratic industry-level shocks or, conversely, ...
  • Authors
    October 26, 2023
    The Brazilian economy is stuck in a so-called middle-income trap—growth that stalled long before Brazil caught up with the living standards of the highly industrialized countries. After exhibiting a stellar performance in the decades before the 1980s, the economy has since been unable to sustain growth for long periods. The predicament can be summarized using a medical analogy: Brazil has been suffering from both productivity anemia and public sector bloat. On the one hand, it hasn ...
  • Authors
    Jean Louis-Sarbib
    October 18, 2023
    Addressing inequalities in all their forms has emerged as one of the major global challenges faced by numerous countries across the globe, particularly in Africa. In a context where Africa faces many pressing challenges that are the subject of much analysis (Sarbib et al. 2022), there is a clear gap in conducting comprehensive reviews focused on inequalities, partly due to the lack of available data. Inequalities, which are both consequences and partial causes of poor development o ...
  • October 13, 2023
    Chair: Masood Ahmed, President, Center for Global Development (CGD) Speakers: Niels Annen, Parliament State Secretary, Ministry of Economic Cooperation, Germany Michael Hugman, Director, Climate Finance, Climate Children's Investment Fund Foundation Avinash Persaud, Advisor, Prime...
  • October 13, 2023
    ChairJorgelina A. do Rosario, Emerging Market Correspondent, Thomson Reuters Speakers Barry Eichengreen, Professor of Economics, University of California Berkeley Martin Guzmán, Co-President, Initiative for Policy Dialogue, Columbia University Nandalal Weerasinghe, Governor, Central...
  • Authors
    Xiaofeng Wang
    October 13, 2023
    The surprising victory of Javier Milei, the unconventional ‘anarcho-capitalist’ candidate, in the August primaries ahead of Argentina’s October 2023 general election, can be largely credited to his commitment to dollarize the Argentine economy, a move perceived as the ultimate solution to bring an end to the nation's economic turmoil. The potential shift from the local currency to the dollar has sparked concerns about Argentina's bilateral currency swap line with China. This swap l ...