SADC: Post-Covid recovery in the South Africa Development Community

The economic growth of the African continent and its positioning as an emerging force is a reality no longer questioned. Optimism surrounding the Africa rising narrative is supported by a growing young workforce, an expanding middle class, new discoveries of natural resources and minerals, relative political stability and infrastructure developments. Economic and international financial actors now recognize the potential that the continent represents for the world economy, consider ...

Global economic growth is likely to be a little better in 2016 than this year’s lackluster outcome. The ongoing slow recovery in the United States and Europe is likely to continue. However, weakness in China as well as several large emerging markets, and sluggishness of world trade, mean that risks are weighted on the downside of this forecast. Morocco, which is reliant on European markets, is a heavy importer of oil, and whose currency has devalued in effective terms, should find t ...

The end of supply chain is the natural corollary of the sustained price fall of virtually all commodities observed over the past many months. If it appears premature to state exactly what is the impact of this deconsolidation in the commodities value chain, it is believed that the strategic role of physical trading is strengthening. Under such circumstances, the industrial strategies of developing countries and commodity exporters may have to evolve and, in priority, foster optimizi ...

The contribution that the diaspora makes to development in the country of origin is examined. Drawing on a recent World Bank survey of migrants from the MENA countries, the needs of the diaspora and the development role it can play through its organizations are reviewed. A constructive interaction with the diaspora can be greatly enhanced by supportive policies in the country of origin. The main focus of the paper is on the Middle East and North African region, and more specifically ...

Depuis le déclenchement de la crise économique et financière internationale, la politique budgétaire a connu un vif regain d’intérêt dans les arènes académiques et dans les débats des policy-makers, aussi bien dans les pays avancés que ceux en voie de développement. Pour un pays en voie de développement comme le Maroc, l’importance de la politique budgétaire réside dans le potentiel qu’elle offre en matière de stabilisation du cycle économique et de relance de l’activité en période ...

The issue of a powerful fiscal policy comeback is not only being debated in Europe. It is also interesting for Morocco, in many respects. If in Europe there is controversy between the proponents of the structural budgetary balance rule and critics of restrictive policies in the context of major financial and recessive shocks, in the South of the Mediterranean fiscal policy is caught between the multiple social and economic requirements and the constraint of sustainability. ...

Au cours de la dernière décennie, le Ghana a enregistré des taux de croissance moyens supérieurs à 7 % par an, ce qui lui a permis d’accéder au statut de pays à revenu intermédiaire de la tranche inférieure. Toutefois, la croissance a récemment marqué le pas pour s’établir à 4,2 % en 2014, ce qui soulève la question de la pérennité du modèle de développement du pays. Le Ghana se trouve désormais à un stade critique de son processus de développement. Une transformation structurelle ...