Session 10: Central Bank Digital Currencies in Practice

Les 20 et 21 avril 2020, sur le New York Mercantile Exchange (Nymex), les prix du West Texas Intermediate (WTI) pour le contrat de mai 2020 sont tombés largement en dessous de zéro. Ces prix négatifs – un concept quelque peu difficile à appréhender – ont montré, de façon spectaculaire, à quel point la pandémie du Covid-19 a un impact considérable sur le marché pétrolier mondial. Il convient, cependant, de relativiser ces prix négatifs qui portaient sur une qualité de pétrole (le WT ...

They live in the shadow of death: the United States has 2,650 death-row inmates, 740 in California’s San Quentin State Prison alone. Today, these prisoners fear another executioner, the invisible COVID-19. The condemned on death row live in single cells, some having spent many decades in solitary confinement. The suicide rate is high, and many die of natural causes before their rendezvous with the special execution team. These prisoners hardly ever receive visitors, and for them th ...

Data recently released on the first-quarter global domestic product (GDP) performance of major economies have showed how significant the impact of COVID-19 has been on economic activity and jobs, with large contractions across the board. The ongoing global recession is poised to be worse than the “great recession” after the 2008-09 global financial crisis, especially from the standpoint of emerging market and developing economies. The depth and speed of the GDP decline will rival th ...

Digital technological innovation, combined with new financing approaches, can make a significant contribution in the field of access to energy. This is the case in Kenya, where payas- you-go solutions, combined with solar home systems and an extensive mobile network, have enabled thousands of Kenyans to access clean and affordable off-grid electricity. This policy paper identifies the drivers of the development of pay-as-you-go solutions in off-grid systems in Kenya, assesses their ...

An examination, inevitably bound to be broad in scope, of the economic and social implications for a country, in this case Morocco, of a sudden pandemic that has broken out in virtually most parts of the world, can only be a prelude to a broader and more comprehensive study to be undertaken in due course. For obvious reasons, especially as the current crisis induced by the primacy of health, could later evolve into a form of economic depression as various multifaceted aid and suppor ...

Un examen, nécessairement à grands traits, des incidences économiques et sociales pour un pays, en l’occurrence le Maroc, d’une soudaine pandémie qui s’est déclarée sur presque la plupart des régions de la planète, ne peut être qu’un simple prélude d’une large étude exhaustive à entreprendre le moment venu. Et ce pour des raisons évidentes, à savoir que la crise en cours induite par le primat du sanitaire, pouvant évoluer, ensuite, en une forme de dépression économique que divers pr ...

Les rumeurs autour de la pandémie Covid-19, partie de la Chine centrale en minovembre 2019, alimentent plusieurs fantasmes conspirationnistes. Il s’agit, notamment, d’hypothèse d’attaque biologique sur fond d’une guerre commerciale ou d’une fuite du pathogène SARS Co-V2 d’un programme biologique chinois. En marge de cette spirale, au demeurant spéculative, se réactualise le débat sur l’emploi des armes biologiques. En fait, plusieurs germes pathogènes d’origine naturelle, génétique ...