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

Dans un contexte de mondialisation, la capacité des pays à innover constitue un facteur clé de la création d’une très forte valeur ajoutée et du rehaussement de la compétitivité économique. La « Silicon Valley » aux Etats-Unis est un modèle de développement que beaucoup de pays africains tentent d’imiter en voulant créer une « African Valley ». Le succès des grandes entreprises américaines a persuadé un grand nombre d’acteurs que les nouvelles technologies constituent un levier de c ...

In a globalized world, the ability of countries to innovate is crucial to creating high levels of value added and enhancing economic competitiveness. Silicon Valley, USA, is a development model that many African countries seek to emulate by creating «African Valleys». The success of major US corporations has persuaded a great number of players that new technologies are essential drivers of growth, and several states have implemented policies to stimulate the development of start-ups ...

The “middle-income trap” has become a broad designation trying to capture the many cases of developing countries that succeeded in evolving from low- to middle-levels of per capita income, but then appeared to stall, losing momentum along the route toward the higher income levels of advanced economies. Such a trap may well characterize the experience of most of Latin America since the 1980s, and in recent years middle-income countries elsewhere have expressed fears of following a si ...

Ce thème, le second de la dernière édition des Dialogues stratégiques entre le Policy Center for the New South (PCNS) et le Centre HEC de géopolique, le 10 avril 2019 à Paris, a été abordé par plusieurs panels d’experts et de chercheurs. Ce thème, le second de la dernière édition des Dialogues stratégiques entre le Policy Center for the New South (PCNS) et le Centre HEC de géopolique, le 10 avril 2019 à Paris, a été abordé par plusieurs panels d’experts et de chercheurs. Dans cette ...

L’économie marocaine se trouve aujourd’hui à une étape cruciale de son évolution. Le ralentissement tendanciel de la croissance, persistance du chômage de masse, faibles gains de productivité, perte en compétitivité, lenteur de la transformation structurelle, approfondissement des inégalités, déclassement social... etc. sont autant d’indicateurs, dont la liste n’est pas fermée, qui plaident pour le dépassement du modèle de croissance poursuivi depuis plusieurs années. La nécessité d ...

The author is an alumnus of the 2018 Atlantic Dialogues Emerging Leaders program Tech industries, despite leading the charge for change in many areas of modern life, have traditionally been one of the worst industries for gender equality. But now, it looks like technology itself could finally start to break down some of the barriers to entry and alter the socio-economic landscape beyond recognition. It could put women and under-represented minorities on the financial and technologi ...

Imagining world trade without the WTO/GATT system. It was after all, the case through recorded history until around 1950. But today’s economies are far more globally integrated than in the past, and information technologies which facilitate communication and coordination are clearly pointing to even more integration in the future. Under a no-WTO scenario, this brief formulates seven predictions. The danger to the WTO is clear and present, and it is on four fronts. First is the fail ...

The economic picture in South Africa is clear and well known: low economic growth, high unemployment rates, and constrained fiscal policy threatened by rating agencies. The causes of such situations are diverse and both internal and external. How can growth be boosted? The African continental free trade area offers a great opportunity to South Africa to take advantage of the continent’s more than one billion of potential consumers and build a new growth paradigm based on export (rat ...