Podcasts

Back

A Path to Strengthening the Global Financial Architecture

02
February 2024
Youssef El Jai & Ferid Belhaj
Related topics: 

In this podcast, Mr. Ferid Belhaj, Vice President - Middle East North Africa, World Bank Group shares his insights around the key takeaways from the Annual Meetings 2023 as well as his vision of the global financial architecture and the transformative potential of the Marrakesh Declaration to improve the outcomes on global public goods and development. In this episode, we also adress questions on what efforts can the bank do in that respect to mobilize more private capital in climate resilience/development projects.

RELATED CONTENT

  • Authors
    November 2, 2023
    Le 1er octobre 2023 a marqué le début de la phase transitoire du Mécanisme d'Ajustement Carbone aux Frontières (CBAM en anglais) de l'Union européenne (UE). L'objectif de cette initiative est d'instaurer une tarification du carbone sur les biens importés qui soit équivalente à celle appliquée aux biens produits au sein de l'UE, visant ainsi à réguler les émissions de carbone. Cette démarche implique la mise en place d'un ensemble d'obligations de déclaration et de conformité pour le ...
  • 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...