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

Le Covidonomics est la branche de l’analyse économique qui s’intéresse aux mécanismes par lesquels la pandémie affecte les économies du monde ainsi que les réponses de politiques économiques qui puissent répondre aux défis inhérents à la propagation du Covid-19. */ La présente contribution propose des réponses de politiques économiques et sanitaires qui soient contextualisées suivant trois périodes. La crise sanitaire Covid-19, au même titre que l’angoissante question du changemen ...

While the world has been facing one of the most serious health crises of the century in recent months, Africa seems to have been spared so far. The African countries have announced only very few cases, about ten for some and none for others. However, as time goes by, Africa is facing an increasing number of cases, first exported from Europe and America and then resulting in local contamination. This is not the only health crisis Africa has faced in recent years. The Ebola health cri ...

Le monde : ‘’Une société de crise’’ La multiplication de catastrophes naturelles et la montée de leur probabilité d’occurrence, la répétition des crises de tous genres (économiques, politiques, sociales et sécuritaires) et l’interdépendance accrue, du fait de la mondialisation, ont mis au premier plan le facteur de la résilience[1]. En effet, il ne s’agit plus d’évaluer le risque ou de l’anticiper, tellement sa probabilité d’occurrence s’est accrue, mais surtout de limiter les dégâ ...

The global reach of COVID-19 is now clear. In a short time, country after country has suffered outbreaks of the new coronavirus, with each facing a three-fold shock: epidemiologic, economic, and financial. In addition to dealing with their own local coronavirus outbreaks, emerging market and developing countries have faced additional shocks from abroad. Flattening pandemic curves saves lives The coronavirus crisis is primarily a public health issue, demanding containment policies ...

The COVID-19 pandemic is evolving into an unprecedented international crisis, with serious consequences for human health and economic activity. While it is still too early to accurately determine the magnitude and persistence of the economic impact of the pandemic, a short-term assessment can be made. This short opinion focuses on the implications for energy markets. The rapid decline in crude oil prices has raised concerns on both the demand and supply sides, making the outlook for ...

Covid-19 has a far-reaching impact and is imposing a slowdown on the world economy, raising fears of the worst consequences on production, jobs and the immediate future of developing economies. Fiscal and monetary authorities around the world are engaging in policies to support their economies with unprecedented funds and initiatives. The African continent, also affected by the pandemic, is pursuing courageous economic (fiscal and monetary) policies, but the main question is what ne ...