Back

Redesigning Global Finance

January 30, 2025
Related topics: 
Economy

In this episode of Redesigning Global Finance, we explore the evolving landscape of global financial governance, focusing on how institutions like the IMF, World Bank, and regional development banks are adapting to new economic realities and global crises. The episode examines how financial systems must evolve to support the Sustainable Development Goals (SDGs) and highlights the transformative role of digital technologies such as cryptocurrencies, blockchain, AI, and fintech in reshaping financial infrastructure and promoting financial inclusion. At the same time, it addresses the regulatory, security, and governance challenges these innovations present. The discussion centers on the urgent reforms needed to ensure financial resilience, aligning capital flows with sustainable development in emerging markets, and the changing role of traditional financial institutions in the face of rising digital finance.

Speakers
Ahmed Ouhnini
Economist, Policy Center for the New South
Ahmed Ouhnini is an Economist at the Policy Center for the New South. His research area covers agricultural economics, human and social development. Previously, he has worked as a researcher at the Paris School of Economics (PSE) and has also a record of working in consulting services in Morocco. Ahmed holds an engineering Diploma in Agriculture and Rural Development from the National School of Agriculture of Meknes and a Master’s Degree in Law, Economics and Management from the Paris 1 Pantheon Sorbonne Institute of Development. ...
Ferid Belhaj
Senior Fellow
Ferid Belhaj took up the position of World Bank Vice President for Middle East and North Africa on July 1, 2018. Prior to this, he served as the Chief of Staff of the President of the World Bank Group for 15 months. From 2012 to 2017, Mr. Belhaj was World Bank Director for the Middle East, in charge of work programs in Lebanon, Syria, Jordan, Iraq and Iran, based in Beirut, Lebanon. In this capacity, he led the Bank’s engagement on the Syrian refugee crisis and its impact on the region, including the creation of new financing instruments to help countries hosting forcibly displaced people; the ramping up of the Bank drive towards the reconstruction and recovery of Iraq during and after the ISIS invasion and the scaling up of the Bank's commitments to Lebanon and Jordan. Befo ...
Masood Ahmed
President of the Center for Global Development
...

RELATED CONTENT

  • Morocco: A Regional Player
    Authors
    Jamal Machrouh
    June 27, 2022
    Three questions to Jamal Machrouh   This article was initially published on https://www.institutmontaigne.org/   Morocco was among the countries not taking part in the March 2 UN General Assembly vote following Russia’s invasion of Ukraine. This position raised questions in Europe as Morocco is Europe's largest partner in the Maghreb. Jamal Machrouh, Senior Fellow at the Policy Center for the New South, sheds light on Morocco's perceived neutrality in the Ukrainian conflict in o ...
  • Download PDF
    Innovation in Africa: Evidence and Implications for Growth and the Transition to High-Income Status
    Authors
    Emmanuel Pinto Moreira
    Rishita Mehra
    June 24, 2022
    For today’s middle-income countries in Africa, innovation is essential to sustain growth and promote the transition to high-income status. This paper begins by providing an in-depth review of the region’s innovation performance during the last three decades. A distinction is made between residents and non-residents, and outcomes at different income levels. Using cross-country regressions, we then study the determinants of innovation and assess the impact of innovation on growth in t ...
  • Download PDF
    Quantitative Tightening and Capital Flows to Emerging Markets
    Authors
    Otaviano Canuto
    June 24, 2022
    In its May 15th meeting, the Federal Open Market Committee of the U.S. Federal Reserve (Fed) lifted its benchmark policy rate by 0.75% to 1.50%–1.75%, the biggest increase since 1994. The central bank also signaled an additional increase of 0.75% ahead. FOMC members also raised the median projection for the Fed funds rate to a range between 3.25% and 3.50% next year. In addition to hikes in basic interest rates, liquidity conditions in the US economy will also be affected by the sh ...
  • Dialogues Stratégiques Volume XI: L’impuissance de la puissance - L’Indo-Pacifique : contours et enjeux
    Authors
    Abdelhak Bassou
    Pascal Chaigneau
    Khalid Chegraoui
    Alain Oudot de Dainville
    Larabi Jaïdi
    Mohammed Loulichki
    Rodolphe Monnet
    Florent Parmentier
    Olivier Tramond
    June 16, 2022
    Les Dialogues stratégiques, une collaboration entre le HEC Center for Geopolitics et le Policy Center for the New South représentent une plateforme d’analyse et d’échange biannuelle réunissant des experts, des praticiens, des décideurs politiques ainsi que le monde universitaire et les médias au service d’une réflexion critique et approfondie sur les tendances politiques mondiales et les grandes questions d’importance commune pour l’Europe et l’Afrique. Cette publication est ...
  • Download PDF
    Quelles options pour l’intégration monétaire en zone CEDEAO ?
    Authors
    Moubarack Lo
    Mohamed Ben Omar NDIAYE
    June 15, 2022
    La question de la mise en œuvre du projet de monnaie unique de la CEDEAO a encore été au centre des discussions entre les chefs d’État de la CEDEAO lors de leur 57ème session ordinaire, tenue à Niamey le 7 septembre 2020, et lors de laquelle ils ont décidé pour diverses raisons un nouveau report à une date ultérieure, après ceux de 2003, 2005, 2009 et 2015. Les chefs d’État ont aussi évoqué l’élaboration d’une « nouvelle feuille de route », sans toutefois déterminer u ...
  • حديث الثلاثاء : المشاركة الاقتصادية للنساء في الشرق الأوسط وشمال إفريقيا: التحديات والفرص
    June 14, 2022
    يخصص مركز السياسات من أجل الجنوب الجديد حلقة برنامجه الأسبوعي "حديث الثلاثاء" للمشاركة الاقتصادية للنساء في الشرق الأوسط وشمال إفريقيا: التحديات والفرص مع السيد ة حياة الشوبكي، باحثة ومنسقة المشاريع في قسم العدالة الاجتماعية في معهد غرب اسيا وشمال افريقيا تسهم مشاركة النساء في الأنشطة ...
  • Download PDF
    Le marché du gaz en Afrique suite à l'invasion de l'Ukraine par la Russie
    Authors
    Henri-Louis Vedie
    June 10, 2022
    Avec 38 % des réserves gazières mondiales, la Russie est un acteur majeur du marché mondial du gaz. Aussi, son invasion de l’Ukraine et les sanctions qui l'accompagnent vont désorganiser ce marché. L'objet de cette étude est d'analyser les conséquences de cette désorganisation pour l'Afrique, en distinguant le marché mondial du gaz naturel (I) de celui du marché du gaz africain (II), et ce avant la crise ukrainienne. Ce qui nous conduira à tirer les conséquences et les enseignements ...
  • COVID-19 and Developing Countries-The Road to Recovery
    By Badr Mandri, Hinh Dinh
    June 10, 2022
    The latest IMF projections indicate that global growth will be 4.4% in 2022 after 5.9% in 2021. These projections make us very optimistic for the future, but they certainly cannot heal th ...