Back

Vision and Role of the Policy Center for the New South

October 11, 2023
Related topics: 
Economy
Speakers
Karim El Aynaoui
Executive President
Karim El Aynaoui is Executive President of the Policy Center for the New South. He is also Executive Vice-President of Mohammed VI Polytechnic University and Dean of its Humanities, Economics and Social Sciences Cluster.   Karim El Aynaoui is an economist. From 2005 to 2012, he worked at the Central Bank of Morocco where he held the position of Director of Economics, Statistics, and International Relations. At the Central Bank of Morocco, he was in charge of the Research Department and equally a member of the Governor’s Cabinet. Previously, he worked for eight years at the World Bank as an Economist for its regional units of the Middle East and North Africa and Africa.   Karim El Aynaoui has published books and journal articles on macroeconomic issues in developing countr ...

RELATED CONTENT

  • Will the Multilateral Trading System Survive?
    Authors
    Uri Dadush
    June 3, 2019
    In a recent brief, titled” The Crisis in World Trade”, my co-authors and I conclude that whether we still have a rules-based system a few years from now depends on the answer to three questions: Can the WTO be revitalized? Is protectionism in the United States a temporary aberration? Will China reform and fit the liberal economic order? If the answer to these three questions is yes, the system will likely endure. If the answer is no, we will return to the power based non system that ...
  • Download PDF
    A socioeconomic analysis of ride-hailing emergence and expansion in São Paulo, Brazil
    Authors
    Eduardo Amaral Haddad
    Renato Schwambach Vieira
    Miguel Stevanato Jacob
    Ana Waksberg Guerrini
    Eduardo Germani
    Fernando Barreto
    Miguel Luiz Bucalem
    Pedro Levy Sayon
    June 3, 2019
    This paper estimates the socioeconomic impacts of the emergence and expansion of e-hailing services in São Paulo, Brazil. Combining data from a major service provider, individual level data from a representative travel diary survey and a structural traffic network simulation, we evaluate the impact of e-hailing on commuters' travel time and accessibility. We then estimate the effect of these changes on workers' productivity. Finally, using a Spatial Computable General Equilibrium (S ...
  • Download PDF
    Current Account Adjustments and Exchange Rate Arrangements: What Regime for African Countries?
    Authors
    Abdelaaziz Ait Ali
    Mohamed Obaidy
    May 30, 2019
    This paper empirically examines the impact of exchange rate arrangements on current account imbalances within the African context. Following Friedman’s hypothesis (Friedman, 1953), we test the propositions stating that flexible exchange rate regimes limit the magnitude of real external shocks and permit smoother adjustments of external imbalances. Using a new de facto exchange rate regime classification, we employ two empirical methodologies to test this hypothesis: we first apply a ...
  • Download PDF
    Bretton Woods system: did we throw the baby out with the bathwater ? Lessons for developing economies
    Authors
    Mouhamadou Moustapha Ly
    May 29, 2019
    The world economy has gone through several systems to determine a value between country’s currencies. After the Second World War and the so-called gold standards, major world economies engaged into a system of fixed exchange rate of currencies against the dollar and, the whole system was backed by the value of USD against gold. After the end of that mechanism known as the Bretton Wood system in the 1970s, major world economies decided to liberalize the system of international exchan ...
  • Download PDF
    Strengthening the Rules-Based Trading System
    Authors
    T20 experts
    Uri Dadush
    May 28, 2019
    The world trading system has been remarkably successful in many respects but is presently under tremendous strain. The causes are deep-seated and require a strategic response. The future of the system depends critically on reinvigorating the WTO and policy change in the largest trading nations. Important measures are required to sustain the multilateral trading system, and urgent action is needed to avoid a scenario where the system fragments. The worst scenarios will disrupt global ...
  • Download PDF
    The UK’s policy towards Africa post-Brexit
    Authors
    Juliana Suess
    May 24, 2019
    On the eve of Britain’s exit from the European Union, the country is redefining its international approach. The United Kingdom has already taken action by becoming involved in new economic commitments, new trade agreements in Commonwealth countries but also from a diplomatic point of view in West Africa. While development aid remains a focal point of its intervention in Africa, it risks being undermined by the Brexit and its economic consequences. However, the United Kingdom is now ...
  • Download PDF
    The escalating China-US trade dispute: economic and geopolitical implications for Sub-Saharan Africa
    Authors
    Uri Dadush
    May 22, 2019
    The trade tensions between the United States and China will cause only minor immediate damage to their giant economies. However, tariffs have important and diverse effects on individual sectors and cause heightened uncertainty. The main adverse effects on Sub-Saharan Africa will therefore be through global investor confidence, economic growth and commodity prices, and these effects could be severe if the dispute escalates further and endangers the rules-based trading system. The tra ...
  • Poverty reduction in Brazil… partially gone with the cycle
    Authors
    Otaviano Canuto
    May 21, 2019
    Throughout my last 15 years working in multilateral institutions, many times around the world I was asked to speak about the success of poverty reduction in Brazil during the new millennium. Last week, someone who was on such an occasion in October 2013 in Nairobi asked me what my numbers had become after these recent years of precarious macroeconomic performance and high unemployment in the country. I replied that they have changed ... in part! Indeed, the fact that, even without ...