Sovereign Stabilization Funds and the End of the Commodities Super-cycle: What are the Challenges?

Our Senior Fellow Rabi Mohtar has co-authored with our economist, Fatima Ezzahra Mengoub along other researchers a research paper entitled « A Water-Energy-Food Nexus approach for conducting trade-off analysis: Morocco’s phosphate industry in the Khouribga region » in Hydrology and Earth System Sciences Journal (Volume 24, Issue 10). The study objective was to develop and use the Water-Energy-Food Nexus Phosphate (WEF-P) Tool to evaluate the impact of Morocco’s phosphate industry ...

Africa’s infrastructure investment gap has widened over time. Addressing the mismatch between developed countries’ “global savings glut” and African countries’ “investment dearth” might be a win-win. To facilitate that matching, some risk mitigation tools can be used. In this brief, we propose that by providing such risk mitigation tools, development institutions and governments can crowd-in private investment rather than crowd them out by providing full financing. This article was ...

Le manque d’investissement dans les infrastructures en Afrique s’est creusé au fil du temps. Remédier à l’inadéquation entre le « trop-plein mondial d’épargne » des pays développés et la « pénurie d’investissements » des pays africains pourrait être une solution gagnante pour tous. Certains outils d’atténuation des risques peuvent être utilisés pour faciliter cette mise en adéquation. À cet égard, le présent article propose qu’en fournissant de tels outils d’atténuation des risques, ...

Le 24 octobre prochain, le monde célébrera le 75e anniversaire de la création de l’Organisation des Nations unies (ONU). Cette célébration intervient dans un contexte dominé par l’impact socio-économique de la pandémie Covid-19 et marqué par un recul inquiétant du multilatéralisme et par une fragilisation rampante de ses Institutions les plus représentatives. Après la malheureuse expérience de la Société des Nations, créée en 1919, la mise en place des Nations unies a fait naître l ...

Bank robbers are now and then caught because banks, insurance companies, or robbed personalities promise rewards for the arrest of criminals. In the past, Hollywood took the lead in dreaming up such scenarios. But in early August, the U.S. State Department offered a $10 million reward for information leading “to the identification or location of any person, who works with or for a foreign government for the purpose of interfering with U.S. elections through certain illegal cyber act ...

CGTN, 25 September 2020 China’s economy keeps recovering from the coronavirus pandemic-led crisis through the third quarter of 2020, as revealed by the numbers of August activity. Its GDP grew by 3.2% in the second quarter, after falling by 6.8% in the first quarter, in both cases as compared from a year before. It is now the only major economy expected to exhibit growth this year. Successful containment of the pandemics has allowed it to be first-in-first-out relative to others. ...