Publications /
Policy Brief

Back
Sovereign Stabilization Funds and the End of the Commodities Super-cycle: What are the Challenges?
Authors
September 17, 2015

Sovereign wealth funds, a major focus during the 2000s, should see their role strengthen as an economic «stabilizer» in the coming months, due to the fall of commodity prices. These investment vehicles must however be coordinated with the traditional fiscal policy tools and can free the government to do more or less long-term budget adjustments that the new international economic environment imposes.

RELATED CONTENT

  • Authors
    October 23, 2017
    The rise of protectionism, economic nationalism and nativism in the United States can be attributed inter alia to the nation’s wage stagnation and rising inequality. Other countries are responding by reevaluating their reliance on the American hegemon. But this is not enough. Policy-makers also need to ask what lessons they can draw for their domestic policies from the United States’ success in creating wealth while, at the same time, failing to distribute it equitably and to reduce ...
  • Authors
    Ana Maria Bonomi Barufi 
    October 21, 2017
    Location decisions of firms and workers shape the spatial distribution of economic activity between and within cities. On one hand, the interaction between cities is widely investigated in the literature of regional and urban economics, which tries to assess the extent to which urban scale affects the local concentration of different skills, sectors, etc., apart from defining each city's role in the regional system. On the other hand, within-city dynamics and internal heterogeneity ...
  • Authors
    October 18, 2017
    Les cours des métaux, industriels notamment, se sont inscrits dans un mouvement haussier particulièrement marqué depuis janvier 2016 qui tranche avec les années difficiles de 2014 et 2015. À l’origine de cette dynamique : une sensible amélioration des fondamentaux du marché, tant du côté de la demande que de l’offre. L’importance des mouvements spéculatifs qui sous-tendent cette forte remontée des cours ne peut cependant être oubliée voire minimisée. Elle pose à court terme le risqu ...
  • Authors
    October 18, 2017
    The prices of metals -most notably industrial metals- have risen significantly since January 2016, in contrast with 2014 and 2015, which were difficult years. This trend is due to substantial improvements in market fundamentals, both for demand and supply. However, the importance of speculative movements underlying this sharp rise in prices cannot be minimized or omitted. In the short term, it poses the risk of a correction linked to profit taking and a return to greater rationality ...
  • Authors
    Prepared by Global Nexus
    October 13, 2017
    Since inception nearly a century ago, corporations and industries have coevolved with Morocco’s legacy of peace and prosperity. With a growing pressure on agricultural production and natural resources, exacerbated with climate change, there is urgency to define sustainable strategies that would reassure corporations and industries for longterm prosperity and for a healthy economy. Studies have highlighted the perilous state of our natural environment, the exhaustion of our aquifers, ...
  • October 12, 2017
    Les théoriciens du Sud –mais aussi du Nord– participent de plus en plus aux débats mettant au centre les expériences du « Sud global » ainsi que le rôle de l’Afrique dans la nouvelle géo-économie mondiale. Le continent Africain subi encore des réflexions et théories qui ne prennent pas en considération les spécificités du développement et de l’émergence des sociétés africaines dans un contexte mondialisé contemporain. Dans cette optique, le colloque organisé par l’OCP Policy Center ...
  • Authors
    Jesús P. Mena-Chalco
    Otávio Sidone
    October 11, 2017
    Este artigo apresenta os resultados de um estudo sobre as potencialidades da utilização dos dados curriculares derivados das informações da Plataforma Lattes como ferramentas para avaliação do desempenho científico de pesquisadores. Um novo indicador, denominado "Índice Multidimensional de Desempenho Científico" (IMDC), é proposto considerando um amplo conjunto de indicadores bibliométricos que buscam captar diferentes formas da produção acadêmica dos atuais pesquisadores vinculados ...
  • October 10, 2017
    L’objet de ce travail est de proposer la mise en place d’un partenariat de progrès entre la Chine et le Maroc, centré sur la question agroalimentaire en Afrique. C’est dans ce continent que la demande alimentaire va augmenter d’une façon très sensible au cours du XXIème siècle notamment en raison de sa progression démographique et de l’accélération de son urbanisation. L’Afrique est dans l’obligation de réussir sa révolution agricole pour combattre la faim et la pauvreté, accéder à ...
  • Authors
    October 6, 2017
    This Policy Brief highlights the depths of the Sahel crisis. Some aspects of the crisis, such as extremist violence, migration, transnational crime and precariousness, are in fact symptoms of a disease that will only get worse if the real and deep causes are not addressed. Exploring the case of the G5 Sahel as a framework for the convenience of study and analysis does not imply that the crisis is limited to the five countries that are part of the G5 Sahel. Indeed, while specificitie ...