RELATED CONTENT : Sectorial policies and structural transformation

  • Digital Transformation in the Maritime Industry
    Oumayma Bourhriba et Saloi El Yamani
    April 04, 2025
    In this episode, we discuss with an economist how digital technologies like AI, blockchain, and autonomous ships are reshaping global trade and logistics. These innovations improve effici ...
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    The Water-Energy Nexus: The Path to Solving the Water Crisis in the Middle East and North Africa
    Authors
    Ferid Belhaj
    March 21, 2025
    MENA faces a severe water crisis, with 12 of the world’s 17 most water-stressed countries. Climate change, population growth, inefficient water management, and weak governance drive this challenge. Water production, treatment, and distribution require high energy inputs, while energy generation depends on water for cooling and refining. The region must integrate renewable energy, especially solar power, into water solutions like desalination. Inaction could shrink GDP by up to 14% ...
  • Reforming International Financial Institutions: Why Good Policies Matter More for Developing Countries
    Authors
    Karim El Aynaoui
    Hinh T. Dinh
    Akram Zaoui
    March 20, 2025
    This paper (see pages: 152-164), included in the report 'The Reckoning Regression or Renaissance?' was originally published on orfonline.org   Calls for reforms of the International Financial Architecture (IFA) are foregrounded by the growing financing needs of developing countries, driven by mounting climate-related challenges; conflict and violence; rising numbers of internally displaced persons (IDPs); and macroeconomic imbalances, including crippling debt service and debt dist ...
  • المرونة الاقتصادية والتحديات الهيكلية في الاقتصاد المصري
    أميرة الشال , إيمان لهريش, إيمان مصطفى
    January 03, 2025
    تتناول هذه الحلقة من سلسلة بودكاست مركز السياسات من أجل الجنوب الجديد مفهوم المرونة الاقتصادية بوصفه أداة أساسية لفهم ديناميات الاقتصاد المصري في مواجهة الصدمات المتكررة والتحديات الهيكلي ...
  • Digital transformation in the maritime industry
    Authors
    Oumayma Bourhriba
    December 2, 2024
    This blog was originaly published on orfonline.org.   The maritime industry is the lifeblood of global trade, with ships carrying over 90 percent of all merchandise trade, and the global logistics market accounting for 8-12 percent of global gross domestic product (GDP). The smooth functioning of maritime trade and supply chain logistics is integral to economic development and critical to food security and the distribution of essential supplies. In fact, the COVID-19 pandemic has ...
  • Does less finance harm economic growth as well? A nonlinear smooth transition model (STAR) perspective
    Authors
    Zakaria Elouaourti
    Aomar Ibourk
    November 14, 2024
    This paper was originaly published on tandfonline.com   Our study provides an in-depth examination of the relationship between financial development and economic growth in Morocco, revealing key threshold effects through a nonlinear smooth transition model (STAR). Analysis of Moroccan banking and stock market development indexes reveals that the stock market was significantly impacted by the 2008 global financial crisis, showing a decline, while the banking system continued an upw ...
  • Exploring employment (de-)routinisation, premature deindustrialisation, and informal labour interactions: Evidence from Morocco
    Authors
    Karim El Mokri
    Aomar Ibourk
    Idriss El Abbassi
    October 23, 2024
    This paper was originally published on cambridge.org   This paper explores the (de-)routinisation of employment structure in developing countries, through the case of Morocco. We investigate employment (de-)routinisation from an often-overlooked perspective, aiming to elucidate the interplay between the dynamics of occupational employment composition by the level of routine tasks intensity and two structural aspects: premature deindustrialisation and the prevalence of informal lab ...
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    The Automotive Transition on the Road to Decarbonization
    Authors
    Otaviano Canuto
    Antonio Jorge Martins
    October 9, 2024
    The road to decarbonizing the planet runs through the energy transition, which includes the shift from fossil-fueled cars to renewable energy vehicles. This automotive transition is unfolding as a true revolution in the industry. The evolution toward electric and hybrid vehicles has come in tandem with the ascent of Chinese producers. In the current context of geopolitical and technological rivalries, the automotive transition has been marked by an intense trade war, with implicati ...
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    Proposals to Strengthen the Sovereign Debt Restructuring Framework
    Authors
    Brahima Coulibaly
    Hafez Ghanem
    Wafa Abedin
    September 26, 2024
    This paper was originally published on t20brasil.org   The developing world is once again facing unsustainable sovereign debt levels that threaten to erase several years of progress on development agendas. The COVID-19 pandemic, Russia-Ukraine war, and high interest rates are the latest in a series of events that have contributed to the recent build-up of debt and raised the cost of debt financing for developing countries. The G20’s Common Framework (CF) for debt treatments is a w ...
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    Pathways for Reconciling New Industrial Policy and International Cooperation for Global Goods
    Authors
    Otaviano Canuto
    Abdelaaziz Ait Ali
    Mahmoud Arbouch
    Sandra Rios
    Renato Baumann
    September 24, 2024
      This paper was originally published on t20brasil.org The resurgence of Neo protectionism as a reality is creating a pressing need to establish New Industrial Policies (NIPs) capable of striking a balance between Global Value Chains (GVC) managers' quest for efficiency and policy makers' need for more increasing resilience or national security in a turmoiled geopolitical landscape. Furthermore, although NIPs might pursue legitimate non-economic objectives, they are often captured ...
  • Structural transformation in Morocco: an early tertiarization
    Authors
    Aomar Ibourk
    Zakaria Elouaourti
    September 13, 2024
    This Paper was originally published on emerald.com   Purpose This paper examines the dynamics of structural transformation in Morocco since 1970 by analyzing input-output tables expressed in terms of employment and output levels across 24 sectors. Design/methodology/approach This study employs a twofold methodological approach. Firstly, it examines the evolution of sectoral employment shares over time using World Bank data. Secondly, it utilizes Input-Output analysis to examine ...
  • Annual Report on African Economies 2024
    Authors
    Under the supervision of
    Larabi Jaïdi
    July 12, 2024
    The 2024 Annual Report on the African Economy is dedicated to monetary and financial issues on the Continent. There are three reasons for this choice. African economies are exposed to macro-financial instabilities partly generated by global monetary and financial turbulence. The Continent’s currencies and financial systems are engaged in very different dynamics, where routine methods and daring, if not risky, practices coexist. The question of the architecture of the internationa ...
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    Les « MNBC » : une révolution monétaire en marche
    Authors
    Henri-Louis Vedie
    May 15, 2024
    En 2023, et selon le think tank américain « Atlantic Council », 114 pays ont engagé une réflexion sur La Monnaie numérique de banque centrale (MNBC). Cette réflexion concerne la MNBC de gros, visant à repenser l’interbancarité et la MNBC de détail, celle que la Chine développe avec un succès certain depuis 2014 avec son e yuan, réservé aujourd’hui au seul marché intérieur chinois, en attendant mieux. L’objet de ce Policy Brief est, tout d’abord, de rappeler que les MNB ...
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    AI and the Future of Government: Unexpected Effects and Critical Challenges
    Authors
    Tiago C. Peixoto
    Otaviano Canuto
    Luke Jordan
    March 20, 2024
    Based on observable facts, this policy paper explores some of the less- acknowledged yet critically important ways in which artificial intelligence (AI) may affect the public sector and its role. Our focus is on those areas where AI's influence might be understated currently, but where it has substantial implications for future government policies and actions. We identify four main areas of impact that could redefine the public sector role, require new answers from it, or both. The ...
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    Les fonds souverains africains : une deuxième vague (2016-2023) sous le signe de la redéfinition stratégique
    Authors
    Henri-Louis Vedie
    February 8, 2024
    Depuis 2016, on assiste à une dynamique de création de fonds souverains africains. En 2023, on recense 21 pays et 24 fonds souverains. Sur la seule période 2016-23, celle de la deuxième vague, huit pays vont se doter d’un premier fonds souverain, et d’un deuxième, dans le cas du Maroc, en 2022. Cette étude rappelle tout d’abord l’historique d’une création qui commence, dès 1994, au Botswana, avec le Pula Fund, précisant pour chacun des 24 fonds leur date de création, leur ...
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    The Automotive Sector in Morocco: An Input-Output Structural Decomposition Analysis
    Authors
    Ilham Najib
    Eduardo Amaral Haddad
    January 29, 2024
    Morocco is positioned as a new global hub of the automotive industry in an increasingly volatile international context, with various emerging countries competing intensively to gain the best returns on openness and globalization. The Moroccan automotive industry’s recent performance shows it to be the most dynamic sector in the economy: from 2014 to 2019, value-added in the automotive sector increased by almost 70% while the overall national value-added increased by only 15%. In the ...
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    Tax Reform in Brazil
    Authors
    Eduardo Amaral Haddad
    João Gabriel Sacco
    January 23, 2024
    - Brazil’s latest tax reform will replace five taxes on consumption with one single VAT to promote greater efficiency and sectoral isonomy. - Forecasts produced by a detailed ICGE model point to sizeable gains in GDP exceeding 4% in the long run, even if spatially unequal. - Exceptions to the rules reduce potential benefits in efficiency terms. - Policies meant to promote regional development and close the gap deepened by the reform partially achieve their goal at the expense of ...
  • Industrialisation in Africa: How Can the G20 Assist?
    Authors
    Hinh T. Dinh
    January 2, 2024
    This paper was originally published on The South African Institute of International Affairs (SAIIA) In order for Africa to raise living standards, create employment for youth and diversify exports, it must industrialise. Until recently, sub-Saharan African (SSA) countries made limited progress in manufacturing value addition and employment, mirroring the de-industrialisation trend seen in many developing countries. To propel industrialisation, SSA countries should adopt flexible st ...
  • Urban agglomeration, city size, and spatial density effects on wage flexibility: New evidence on the wage curve in Brazil
    Authors
    Ana Maria Bonomi Barufi
    Eduardo Amaral Haddad
    Peter Nijkamp
    December 29, 2023
    This Paper was originally published on onlinelibrary.wiley.com   This study aims to shed new empirical light on the importance of the wage curve in a developing economy. The main contribution to the empirical literature is related to the analysis being conducted at different regional levels of a developing economy. This indicates that municipal-level data seems to be more adequate for wage curve evaluation, and that spatial dependency should be considered to adequately control for ...
  • Africafé: Innovations and Industrial Policies in Africa
    December 28, 2023
    In this episode, we interviewed Mr. Arkebe Oqubay Metiku, British Academy Global Professor, SOAS University of London around Africa's industrial policies and their impact on growth. We discussed key elements such as innovation, regional collaboration, sustainability, and intellectual pr...
  • Geographical proximity and technological similarity
    Authors
    Eduardo Amaral Haddad
    Inácio F. Araújo
    Fernando S. Perobelli
    December 11, 2023
    This Paper was originally published on sciencedirect.com   From a time-space perspective, we assess the effects of geographical proximity on technological convergence over time identifying proximity dimensions associated with countries’ technological similarities. We compare a time series of input-output coefficients for 66 different countries extracted from the 2021 edition of OECD Inter-Country Input-Output to verify whether nearby countries are more likely to share similar tech ...
  • Africafé: Catalyzing Climate Finance in Africa
    November 30, 2023
    In this episode, we dive into the pressing necessity for climate initiatives in Africa. Despite its minimal global emissions, Africa grapples with severe climate challenges and a substantial funding shortfall. Yet, as obstacles persist, including the disconnect between investor expectat...
  • The Future of Central Banks in Emerging Markets and Developing Countries
    November 22, 2023
    As part of the webinar series: “The Global Economy in Transition : Implications for Developing Countries”, the Policy Center for the New South is organizing a webinar titled: " The Future of Central Banks in Emerging Markets and Developing Countries” to contribute to the debate around t...
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    Resilience and Realignment of Global Trade
    Authors
    Otaviano Canuto
    November 21, 2023
    Multiple shocks faced by the global economy over the past three years have apparently shaken the conventional wisdom on gains from economic integration, and have sparked widespread calls for protectionist and nationalist policies. Is there already evidence of some ‘deglobalization’, or do the factors that underlie globalization remain strong enough despite the shocks? So far, there are no signs of an overall reversal in the long-term trend of greater global trade integration. Howev ...
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    A Tale of Two Technology Wars: Semiconductors and Clean Energy
    Authors
    Otaviano Canuto
    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 ...
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    Production Networks, Sectoral Shocks and Aggregate Volatility in a Developing Economy: Insights From Morocco
    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, ...
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    Fighting inequalities: A Major Challenge and an Essential Prerequisite for Inclusive and Sustainable Growth in Africa
    Authors
    Hamza Saoudi
    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 ...
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    The Dollar-Renminbi Tango: The Impacts of Argentina’s Potential Dollarization on its Relations with China
    Authors
    Xiaofeng Wang
    Otaviano Canuto
    October 13, 2023
    The surprising victory of Javier Milei, the unconventional ‘anarcho-capitalist’ candidate, in the August primaries ahead of Argentina’s October 2023 general election, can be largely credited to his commitment to dollarize the Argentine economy, a move perceived as the ultimate solution to bring an end to the nation's economic turmoil. The potential shift from the local currency to the dollar has sparked concerns about Argentina's bilateral currency swap line with China. This swap l ...
  • AES 2023 - Opening Remarks / Session 1: Challenges of Monetary Policy
    September 22, 2023
     Opening Remarks Karim El Aynaoui, Executive President, Policy Center for the New South Session 1: Challenges of Monetary Policy: Navigating Inflation Dynamics in the Face of Supply Shocks The confluence of COVID-19 pandemic and the ongoing Russia-Ukraine conflict has resulted in a su...
  • Rapport annuel sur l’économie de l’Afrique 2023
    Authors
    Sous la direction de
    Larabi Jaïdi
    Nezha Alaoui M’hammdi
    Fahd Azaroual
    Omar Awadallah
    Muhammad Ba
    Farah Bashir
    Oumayma Bourhriba
    Otaviano Canuto
    Karim El Aynaoui
    Said El Hachimi
    Mostafa El Sayed Abo El Soud
    Saloi El Yamani
    Tayeb Ghazi
    Pierre Jacquemot
    Larabi Jaïdi
    Abdessalam Saad Jaldi
    Divine Ngenyeh Kangami
    Hafsa Maalim
    Badr Mandri
    Iván Martín
    Fatima Ezzahra Mengoub
    Samuel Muriithi
    Solomon Muqayi
    Brian Kelly Nyaga
    Ahmed Ouhnini
    Hamza Saoudi
    Isabelle Tsakok
    September 21, 2023
    Cette édition du Rapport économique de l’Afrique est construite autour d’une thématique d’une grande actualité : les conséquences des incertitudes et des risques aussi bien sanitaires que climatiques et sécuritaires sur les économies du continent. L’exercice est d’autant plus légitime que la recomposition de l’ordre mondial questionne la place du continent à l’échelle planétaire, sur les plans économique, social et environnemental. L’économie mondiale est confrontée à des défis glo ...
  • Global Economy Now and the Challenges Ahead
    by Oumayma Bourhriba and Otaviano Canuto
    September 15, 2023
    The global economy is on the path to recovery following the dual challenges of the COVID-19 pandemic and Russia's invasion of Ukraine. While there are promising signs of short-term progre ...
  • The Colombian Economy and Its Regional Structural Challenges
    Authors
    Eduardo Amaral Haddad
    Jaime Bonet
    Geoffrey J. D. Hewings
    August 30, 2023
    This Book was originally published on springer.com   This book examines regional structural challenges on Colombia’s path to sustainable social cohesion and regionally inclusive growth. These challenges can be divided into three main groups: (i) those that focus on competitiveness and the supply side, (ii) those that arise from critical business cycle issues on the demand side, and (iii) those concerning environmental sustainability, employment and social inclusion.  The contribu ...
  • Fostering Equitable Development through Inclusive Growth
    August 29, 2023
    In this conversation, Ms. Lina Khatib, the Director of SOAS University's Middle East Institute, delves deep into pressing regional issues. She highlights what policymakers can do to ensure the equitable distribution of economic development benefits and prevent any regression. Khatib als...
  • L'informel au Maroc
    August 28, 2023
    Le secteur informel joue un rôle crucial dans le développement économique et social du Maroc en tant que filet de sécurité pour de nombreux travailleurs. Cependant, sa concentration dans de petites entreprises qui manquent de moyens de production sophistiqués peut entraver la croissance...
  • Le mécanisme africain de stabilité financière : un outil pour renforcer la résilience économique de l’Afrique
    Authors
    Fahd Azaroual
    August 17, 2023
    Défis et opportunités économiques en Afrique : Renforcer la stabilité financière pour un développement durable L’Afrique est un continent qui connaît de nombreux défis économiques et sociaux, mais aussi de grandes opportunités de développement. Pour réaliser son potentiel, le continent a besoin de renforcer sa stabilité financière, c’est-à-dire sa capacité à faire face aux chocs internes et externes qui peuvent affecter sa croissance et son développement. (Figure 1) La stabilité f ...
  • Racing to control an alarming technology
    Authors
    Helmut Sorge
    July 27, 2023
    Tea for two was planned in a friend’s house in California’s Beverly Hills, but, surprise, we were joined by one of the great futurist of America, a science fiction master, who turned “Fahrenheit 451” into a bestseller and himself into an admired visionary - Ray Bradbury. Bradbury who? Time is erasing memories, even of great minds - we met in the 80s at Harold Nebenzal, the producer (Cabaret) and author (Café Berlin) whose father produced German  film classics as “M” (1931) and “Das ...
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    Artificial Intelligence Revolution in Africa: Economic Opportunities and Legal Challenges
    Authors
    Abdessalam Saad Jaldi
    July 20, 2023
    Artificial intelligence (AI) is playing an increasingly important role in our daily lives. Having experienced considerable growth in recent years, artificial intelligence corresponds to technologies capable of processing hybrid sources, particularly unstructured data. Complex tasks are thus delegated to increasingly autonomous technological processes, capable of driving economic and social development. In current African society, AI is becoming more popular and seeking to cover all ...
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    L’informel au Maroc : repenser la structure globale des incitations pour une économie plus inclusive et dynamique
    Authors
    Hamza Saoudi
    Ahmed Ouhnini
    July 18, 2023
    Le secteur informel est une composante essentielle de l'économie marocaine, employant une large partie de la population, mais nuisant à la productivité, aux recettes fiscales de l’État et à la croissance économique à long terme. Sur la base de la définition adoptée dans cette étude et qui définit les travailleurs informels comme étant ceux qui ne sont pas couverts par les régimes contributifs de sécurité sociale de la Caisse nationale de sécurité sociale (CNSS) et d ...
  • A Common ESG Language to Unlock Funding for Sustainable Infrastructure Projects in Developing Economies
    Authors
    Marianna Albuquerque
    Rim Berahab
    Sabrine Emran
    Rogerio Studart
    Afaf Zarkik
    July 5, 2023
    This policy brief was originally published on t20ind.org   Despite the perception of abundant financial resources and technology worldwide, building quality project pipelines of sustainable infrastructure and securing funding for them remains a challenge for most developing countries. One potential solution to these obstacles is international cooperation among governments through enhancing cooperation among their national, regional, and multilateral development banks, which alread ...
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    Financial Technology As A Driver of Financial Inclusion and Inclusive Development in the MENA Region: Risks and Opportunities
    Authors
    Aomar Ibourk
    Zakaria Elouaourti
    July 1, 2023
    This paper was originally published on erf.org.eg   The digital divide in the financial sector has occurred through the development of financial technologies. These latest “FinTech” refers to technological innovations that have emerged in the financial system in recent years, which are the new channels for providing financial services. These innovations have disrupted traditional financing models by making financial transactions more secure and by reducing spatiotemporal constrain ...
  • Informality and Inclusive Growth in the Middle East and North Africa
    Authors
    Gladys Lopez-Acevedo
    Marco Ranzani
    Nistha Sinha
    Adam Elsheikh
    June 23, 2023
    This report was originally published on openknowledge.worldbank.org The long-standing informality debate in the Middle East and North Africa (MENA) Region has taken on a new urgency as it looks for a pathway to more socially inclusive growth that is less reliant on fossil fuels. This is occurring against a backdrop of subpar labor market outcomes, further growth setbacks, and deteriorating fiscal and current account de ficits in the aftermath of the COVID-19 pandemic—and in the wak ...
  • حديث الثلاثاء : ميثاق الاستثمار الجديد وتأثيره على الاقتصاد المغربي
    Imane Lahrich & Larabi Jaidi
    June 13, 2023
    يعد ميثاق الاستثمار الجديد، الصادر، في دجنبر 2022، والذي تم تطبيق أول مراسيمه، في يناير المنصرم، خارطة الطريق الإستراتيجية لإعطاء نفس جديد للاستثمار بالمغرب، الذي من شأنه أن يعزز تنافسية ...
  • حديث الثلاثاء : ميثاق الاستثمار الجديد وتأثيره على الاقتصاد المغربي
    June 6, 2023
      يعد ميثاق الاستثمار الجديد، الصادر، في دجنبر 2022، والذي تم تطبيق أول مراسيمه، في يناير المنصرم، خارطة الطريق الإستراتيجية لإعطاء نفس جديد للاستثمار بالمغرب، الذي من شأنه أن يعزز تنافسية الاقتصاد الوطني، فضلا عن تثمين دور الفاعلين في القطاع الخاص، وكذا منظومة الإنتاج المغربية. من أجل...
  • Morocco: Boosting private-sector competitiveness for export success
    Authors
    Pierre Sauvé
    Uri Dadush
    May 29, 2023
    Morocco has made important strides in reducing poverty in the last three decades, thanks in large part to trade and industrial policies aimed at durably inserting the country into world flows of goods, services, and cross-border investment. Since 1992, per capita incomes have tripled (in current US$), contributing to a threefold drop in the Kingdom’s poverty headcount. The country of 37 million features consistently as one of the better-performing and more stable economies in the No ...
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    Trade Policy in Morocco: Taking Stock and Looking Ahead
    Authors
    Abdelaaziz Ait Ali
    Oumayma Bourhriba
    Inkyo Cheong
    Uri Dadush
    Lillyana Daza Jaller
    Larabi Jaïdi
    Siwook Lee
    Jamal Machrouh
    Jean-Christophe Maur
    Fatima Ezzahra Mengoub
    Martin Molinuevo
    Sahar Sajjad Hussain
    Pierre Sauvé
    Shane Sela
    Aleksandar Stojanov
    Iryna Klytchnikova
    Edited by Pierre Sauvé and Uri Dadush
    May 23, 2023
    The broad thrust of Morocco’s trade and industrial policies over the last thirty years has been to anchor Morocco into world flows of goods, services, and cross-border investment. Despite the challenges posed by the COVID-19 pandemic, rising international prices, and a complex geopolitical environment, Moroccans continue to derive significant benefits from their economy’s openness. These include improved consumer choice and welfare, the growing insertion of Moroccan firms into cross ...
  • Lutter contre l’inflation et renforcer la résilience : quelles perspectives pour la région MENA ?
    Authors
    Oumayma Bourhriba
    May 18, 2023
    Le Policy Center for the New South (PCNS) et le Fonds Monétaire International (FMI) ont organisé, le 28 avril, à Rabat, une table ronde d'experts sur le thème "Fighting Inflation and Building Resilience : the Outlook for MENA and Morocco". Au niveau international, la lutte contre l’inflation constitue la principale préoccupation des politiques économiques dans la majorité des pays. La détection des risques inflationnistes a pris du retard après la crise sanitaire parce que les aut ...
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    Driving The Dream: Morocco's Rise In The Global Automotive Industry
    Authors
    Abdelmonim AMACHRAA
    May 17, 2023
    Nothing better illustrates the positive contribution of the integration of national economies into global value chains than the fact that in the 1990s, the automotive sector barely existed in Morocco. Now, it is the leading export sector, with a production and assembly capacity of 700,000 vehicles, making it an attractive and competitive hub linking Africa and Europe in the automotive value chain. However, the automotive industry is on the cusp of change, with advances in electric a ...
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    How Can Moroccan Regions and Sectors Help to Achieve the ‘New Development Model’ Goals?
    Authors
    Eduardo Amaral Haddad
    Inácio F. Araújo
    May 5, 2023
    This paper presents a synthetic view of the socioeconomic and environmental impacts of the economic sectors and regions that make up the Moroccan economy, taking into account the current economic structure and production technologies. Therefore, the potential effects must be understood as signals to think about interventions aimed at redirecting the desired trajectories of sustainable development. The application of the tools developed to give scientific support to this analysis rev ...
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    The U.S. dollar’s “exorbitant privilege” remains
    Authors
    Otaviano Canuto
    April 27, 2023
    Recent initiatives and policy moves by China and other countries to extend the reach of use of the renminbi in the international monetary system, while the U.S. dollar share in global reserves has slightly shrunk in relative terms, have sparked frequent discussions about a hypothetical “de-dollarization” of the global economy. We approach here what that would mean in terms of global currency functions as means of payment and store of value. While we point out a relative decline of ...
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    Financing Climate Action: Equity Challenges and Practical Solutions
    Authors
    Rabi Mohtar
    April 26, 2023
    It is estimated that $1 trillion to $6 trillion per year (up to 2050) needs to be invested globally if the world is to stay below the 2°C global warming ceiling of the Paris Agreement and to meet its adaptation goals. Currently, investments stand at about $630 billion per year, way below the original target. And although great efforts have been made in the climate-finance area, more than 70% of the funds deployed have gone to one sector, renewable energy, followed by the transportat ...
  • Views on the Evolution of Moroccan Public Debt Sustainability
    Authors
    Youssef El Jai
    April 5, 2023
    The Policy Center for the New South and the Economic Research Forum held on March 20 a workshop titled ‘Stabilization and adjustment towards inclusive and sustainable policies in MENA: The Moroccan case study’. The event took place at the PCNS headquarters in Rabat, Morocco. It brought together renowned Moroccan economists and scholars to discuss the issue of public debt sustainability in the context of the Moroccan economy. It was an occasion to revisit the main features of the Mor ...
  • The Role of Cities: Linking Integrated Assessment Models to Urban Solutions
    Authors
    Camila Callegari
    Tarik Tanure
    Ana Carolina Oliveira Fiorini
    Eduardo Amaral Haddad
    Edson Domingues
    Aline Magalhães
    Fernando Perobelli
    Alexandre Porsse
    André F. P. Lucena
    Eveline Vasquez-Arroyo
    Mariana Império
    Luiz Bernardo Baptista
    Roberto Schaeffer
    March 20, 2023
    This Paper was originally published on mdpi.com   Cities play a fundamental role in reducing greenhouse gas emissions and advancing the 2030 Agenda for Sustainable Development. In this context, public authorities need tools to help in identifying the best set of available solutions for the urban environment. Here, we developed an approach to help decision makers in evaluating sustainable solutions, considering aspects such as emission rate, economic attractiveness, job creation, a ...
  • Regional convergence and catching up process in Africa: A tale of three clubs
    Authors
    Aomar Ibourk
    Zakaria Elouaourti
    March 15, 2023
    The aims of this article were twofold. First, to tackle the issue of convergence from an analytical point of view by presenting the mathematical developments of the main economic growth models, which emphasized that the convergence of African economies is conditional to the investment level in the early stages of physical capital accumulation. As the latter increases, the convergence of African economies is determined by other factors (investment in research and development (R&D ...
  • E-Commerce and the Digital Economy in Morocco, a Factor of Social Inclusivity and Employment: Context, Approach and Limits
    Authors
    Youssef Tobi
    February 28, 2023
    This publication was originally published on https://www.euromesco.net/   The Moroccan job market offers few opportunities for young non-educated Moroccans. With the rise of the internet, many Moroccans sought to find new ways to generate an income and find financial stability. During the COVID-19 pandemic, we have seen a rise of Moroccan entrepreneurs in e-commerce and dropshipping and a dramatic increase of motivational and educational content that aims at encouraging more peopl ...
  • Globalization - yesterday and tomorrow?
    February 27, 2023
    In this interview recorded during the Atlantic Dialogues, Mr. Helmut Sorge, Columnist at the PCNS interviews Mr. Masood Ahmed, President of the Center for Global Development about his insights on Globalization between yesterday and tomorrow. In fact, although the process of linking coun...
  • Agricultural Cooperatives’ Sustainability and the Relevance of Start-Up Support Programs: Evidence from Cooperatives’ Level in Morocco
    Authors
    Aomar Ibourk
    Karim El Aynaoui
    February 16, 2023
    This publication was originally published in https://www.mdpi.com/   The Moroccan agricultural cooperative sector is a key player in self-employment and income generation through territorial anchoring. The government’s “MOURAFAKA” program offers support for newly created cooperatives, including strategic diagnosis and training. This paper analyzes the impact of the MOURAFAKA program on the sustainability of agricultural cooperatives in Morocco. Using original data from a survey of ...
  • AfCFTA and the Creeping Power Play: Africa, the European Union, and China
    Authors
    Selassie Tay
    February 15, 2023
    Background The African Union in 2018 agreed to implement the world’s second-largest free-trade area measured by number of countries, people, and geographical size, with the signing of the African Continental Free Trade Agreement (AfCFTA). This agreement will ultimately lead to a continent-wide free trade area consisting of 54 countries with 1.3 billion people and a combined GDP of $3.4 trillion[1]. This equates to about 19%-20% of the GDP of the European Union and China, which are ...
  • How to Measure the Digital Economy in 5G Technologies and Digital Silk Road Era
    Authors
    Davit Gondauri
    Nino Enukidze
    Otaviano Canuto
    Mikheil Batiashvili
    January 31, 2023
    This publication was originally published in https://ijisrt.com/assets/upload/files/IJISRT23JAN789.pdf   The current transformation of the society under the influence of digital technologies has no historical analogue in terms of its spread and the pace of development. The future will heavily depend on digital technologies. The role of the digital economy and 5G technologies is increasing day by day and for Georgia, - as a developing country, it is important not to fall behind the ...
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    Capital flows and emerging market economies since the global financial crisis
    Authors
    Otaviano Canuto
    January 20, 2023
    This paper was originally published as a chapter within the Book, Foreign Exchange Constraint and Developing Economies, published on January 2023 (ISBN  978 1 80088 049 8).   The decade after the global financial crisis (GFC) of 2007–2009 saw signifi- cant changes in the volume and composition of capital flows in the global economy. Portfolio investments and other non-bank financial intermediaries (NBFIs) are behind an increasing share of foreign capital flows, while bank- ing flo ...
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    La vulnérabilité économique : le plus grand défi de l’Afrique
    Authors
    Fahd Azaroual
    December 27, 2022
    En Afrique, le niveau de la vulnérabilité économique des pays reste élevé et représente un obstacle à la croissance économique et à la réduction de la pauvreté. Ce constat nous mène à étudier cette problématique pour un échantillon des pays africains les plus exposés aux chocs économiques. En effet, ce travail a pour objectif principal d’identifier les effets des composantes des deux indicateurs de vulnérabilité et de résilience économique sur le niveau de reve ...
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    Valuing the Economic Cost of Remoteness: A Case Study of the Tiznit-Dakhla Expressway in Morocco
    Authors
    Eduardo Amaral Haddad
    Mahmoud Arbouch
    Ademir A. Rocha
    Vinicius A. Vale
    December 22, 2022
    There is a long tradition in transportation planning research in quantifying remoteness in the context of accessibility indicators. Considering an existing system’s network structure and its components’ performance, it is possible to assess the socio-economic impacts of changes in the physical characteristics of specific links that affect critical locations. Nonetheless, the connection between changes in accessibility and their socio-economic consequences frequently relies on using ...
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    L'émergence des cryptomonnaies en Afrique : réalité ou surévaluation ?
    Authors
    Henri-Louis Vedie
    December 8, 2022
    Cette étude concerne 33 États du continent africain où, en 2022, le % des détenteurs de cryptomonnaies de chaque pays, par rapport à sa population est au minimum de 1 %. À eux seuls, trois parmi ce groupe de pays, que sont l’Afrique du Sud, le Kenya et le Nigeria, totalisent plus de 333 millions de personnes, avec des pourcentages de leurs détenteurs de cryptomonnaies proches compris entre plus de 12 % en Afrique du Sud, plus de 11 % au Kenya et plus de 10 % au Nigeria. À l' ...
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    DIGITALISE TO INDUSTRIALISE : Egypt, Morocco, Tunisia, and the Africa–Europe Partnership
    Authors
    Karim El Aynaoui
    Larabi Jaïdi
    Akram Zaoui
    November 24, 2022
    This chapter was originally published in the book "Africa–Europe Cooperation and Digital Transformation", co-edited by Chux Daniels, Benedikt Erfoth, and Chloe Teevan Since the mid-2010s, North African countries have been pursuing what some observers have called a “return to Africa” (Dworkin, 2020). Egypt, Morocco, and Tunisia have attempted to position themselves as major components of Europe- Mediterranean-Africa infrastructure and supply chains corridors (Tanchum, 2020). The thr ...
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    A strong dollar is contractionary for the global economy
    Authors
    Otaviano Canuto
    November 22, 2022
    The US dollar has risen dramatically in value against other currencies recently. Three channels through which factors affecting bilateral exchange rates operate have been pulling up the U.S. dollar: yield differentials, liquidity differentials, and growth differentials. The strong appreciation of the US dollar against other currencies recently reinforced the contractionary pressures present in the global economy. Ultimately, the “turn” or “pivot” of the dollar will most likely occur ...
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    Informal Markets and Parallel States
    Authors
    Hisham Aidi
    November 17, 2022
    This piece examines the role of labor and religious movements in the face of the “informalization” of the African economy. How does the growth of an informal sector set back class formation and labor activism? How will the rise of economic networks outside formal economic and political channels affect state capacity? Can labor unions develop organizational independence if the labor market is segmented with a growing number of informal workers? What happens when labor market “insider ...
  • Presentation Seminar: Annual Report on the Economy of Africa - Panel 2 & 3
    November 4, 2022
    Panel 2: Les Communautés Economiques Régionales : Quel apport à la résilience africaine dans un contexte de chocs multidimensionnels ? Modérateur:            Abdelaaziz Aït Ali, Manager – Département d’économie, Policy Center for the New South   Intervenant.e.s : Nezha Alaoui M’hamm...
  • Le débat parlementaire sur la loi de Finances: Lisibilité, transparence et sincérité du budget
    Authors
    Larabi Jaïdi
    October 28, 2022
    Le débat parlementaire sur la loi de Finances va bientôt entamer son cycle annuel. L'examen de la loi de Finances est un temps fort du débat budgétaire. Il est indéniable que la finalité de la représentation nationale est de promouvoir une logique d'efficacité des institutions du Royaume. Le débat déborde naturellement le cadre de travail des commissions et des séances publiques parlementaires pour irradier la presse, les acteurs économiques et sociaux et l'opinion publique. La diff ...
  • Will Latin America Return to Mediocre Growth After Shocks?
    Authors
    Otaviano Canuto
    October 24, 2022
    The pandemic has hit Latin America hard, and its economic recovery has been slower than in other regions. In addition to the legacy of higher public indebtedness, the pandemic left scars on the labor market and the human capital formation of future workers. The COVID-19 crisis has receded in Latin America but has left a significant toll. Reported deaths from the pandemic are currently low and converging to global levels. The average excess mortality during the pandemic was among t ...
  • حديث الثلاثاء : تقييم وٱفاق العمل الحكومي في المغرب في وسط تحديات متعددة الابعاد
    October 18, 2022
    وجدت الحكومة المغربية نفسها بعد عام من بداية عملها أمام مجموعة من التحديات نتيجة سلسلة الأزمات الدولية التي اندلعت خلال السنوات الأخيرة وتداعياتها. فبعد الطموحات والأهداف المعلن عنها في البرنامج الحكومي، علاوة على الأوضاع الدولية تُطرح جملة من الإشكاليات التي تسبّبت في إعادة النظر وفي ت...
  • Formalizing the Informal Sector: a Fundamental Policy for the Economic Stability of the MENA Region
    Authors
    Hamza Saoudi
    October 18, 2022
     This publication was originally published in the IEMed Mediterranean Yearbook 2022   The informal sector plays a major role in most MENA economies. It employs a large share of the total population and, on average, accounts for about 22% of GDP. According to the International Labour Organization (ILO), which defines informal employment as the proportion of workers without access to social security, the share of informal employment in total employment in MENA countries ranges from ...
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    Les capitales de région : des projets urbains aux ambitions plurielles
    Authors
    Mostafa Kheireddine
    October 17, 2022
    Depuis deux décennies, le Maroc réalise de grands projets urbains qui ne manqueront pas de façonner la ville marocaine du XXIe siècle. Ce programme de développement urbain intégré concerne les grandes agglomérations. Il est considéré comme une réponse à une politique de la ville en mal de territorialisation au vu de la faible convergence des politiques publiques. Ce choix politique augure de nouveaux modes d’intervention et de gouvernance des villes. Le programme s’opèr ...
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    Pandemic, War, and Global Value Chains
    Authors
    Abdelaaziz Ait Ali
    Mahmoud Arbouch
    Otaviano Canuto
    October 7, 2022
    “The debate on the viability of industrial policy design based on the fragmentation of global value chains, from a cost optimization perspective, did not arise first in the wake of the Covid-19 crisis but was present long before. This industrial policy design was justified by the great development of logistics and transport across the world’s industrial clusters, which allowed just-in-time manufacturing to become the main adopted production model. However, the disruption of logistic ...
  • Rapport annuel sur l’économie de l’Afrique
    Authors
    Sous la direction de Larabi Jaïdi
    Larabi Jaïdi
    Abdelaaziz Ait Ali
    Nezha Alaoui M’hammdi
    Muhammad Ba
    Rim Berahab
    Oumayma Bourhriba
    Marouane Ikira
    Pierre Jacquemot
    Brian Kelly Nyaga
    Leo Kemboi
    Moubarack Lo
    Mouhamadou Ly
    Badr Mandri
    Fatima Ezzahra Mengoub
    Solomon Muqay
    Dennis Njau
    Meriem Oudmane
    Ahmed Ouhnini
    Kwame Owino
    Faith Pittet
    Hamza Saoudi
    Amaye Sy
    Akram Zaoui
    September 29, 2022
    La succession des chocs pandémique, climatique et géopolitique a éprouvé les économies africaines. Les liens commerciaux et financiers avec le monde ne sont plus seulement considérés comme des moteurs de performance, mais aussi comme des sources potentielles de vulnérabilité. La défiance à l’égard de la mondialisation s’est accrue. Parce qu’elle est venue souligner la dépendance du continent, le dérèglement de ses rapports à la nature et sa vulnérabilité face aux tensions géopolitiq ...
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    Défis, opportunités, impacts et facteurs de succès de la ZLECAf
    Authors
    Moubarack Lo
    Amaye SY
    September 5, 2022
    Le 1er janvier 2021, les pays africains ont lancé la Zone de libre-échange continentale africaine (ZLECAf). Les caractéristiques actuelles des économies africaines mettent, en effet, en évidence un potentiel d'échanges plus intenses, complexes et diversifiés entre les pays du continent. Elles révèlent en même temps de nombreux handicaps tels que le faible niveau d'industrialisation ou de création de valeur régionale. Plusieurs études d'impact ont été menées sur les e ...
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    Input-Output Analysis of the Ukraine War: A Tool for Assessing the Internal Territorial Impacts of the Conflict
    Authors
    Eduardo Amaral Haddad
    Inácio F. Araújo
    Ademir Rocha
    Karina Sass
    August 12, 2022
    The Russian invasion of Ukraine on February 24, 2022, scaled up the ongoing conflict in Donbas beyond its regional borders, hindering and halting different aspects of economic life. Considering the internal geography of Ukraine’s economic structure, the damages to physical infrastructure and supply chain disruptions are likely to propagate to other parts of the country through an intricate plot of production and income linkages. From a disaggregated analysis of multiregional and mul ...
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    The Sovereignty of Developing Countries: The Challenge of Foreign Aid
    Authors
    Noamane Cherkaoui
    July 25, 2022
    Foreign aid has a well-established and significant role in international relations. The role of foreign aid in the repertoire of international development programs is extensively documented, with its goal being the promotion of human and economic development. Foreign aid can be defined as “all forms of assistance that a country derives from other governments or multilateral agencies and financial institutions to fill noticeable gaps, especially in production, savings, and investment ...

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    15
    6:00 pm July 2022

    Call for Papers : L'impact du COVID-19 sur le marché du travail : Une perspective marocaine

    L’apparition de de la COVID-19 a engendré une crise sanitaire mondiale, qui s’est rapidement transformé à d’autres crises bouleversant le vécu des humains de par la planète. En ce qui concerne les marchés mondiaux, notamment du travail, les incertitudes ont fortement impacté les comportements des agents. Aussi, les mises sous restrictions, totales ou partielles, des facteurs de production ont eu leur incidence sur l’activité globale -via différents canaux -, y compris celle des acteurs du marché du travail. À court terme, la pandémie est synonyme de fortes perturbations pour les citoyens et les marchés du travail. Celles-là concernent les revenues et les dépenses des particuliers comme elles portent sur l’activité des entreprises et donc les dynamiques de création d’emploi et ...
  • Tarification Carbone et Développement économique
    July 6, 2022
    Le Policy Center for the New South et Enel Green Power Maroc co-organisent un webinaire sur "la tarification du carbone et le développement économique". Cette rencontre permettra de débattre des défis, des avantages et des limites des mécanismes de tarification du carbone et de leur imp...
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    Analyse structurelle des scénarios économiques à court terme pour le Maroc : une approche multi-sectorielle et multirégionale
    Authors
    Eduardo Amaral Haddad
    Inácio F. Araújo
    Fatna El Hattab
    Soulaimane Anis
    Fatima Ezzahra Mengoub
    Oumayma Bourhriba
    June 30, 2022
    Depuis l’année 2015, le Maroc a fait de la régionalisation avancée un choix stratégique pour concrétiser sa volonté politique de mettre en œuvre une approche de développement territorial plus intégrée. Cette initiative vise à assurer un développement territorial durable, robuste et inclusif mais aussi à capitaliser sur les potentialités de chaque région en termes de ressources. Ainsi, de nouvelles structures ont été mises en place pour moderniser les services publics et améliorer le ...
  • Morocco: A Regional Player
    Authors
    Jamal Machrouh
    June 27, 2022
    Three questions to Jamal Machrouh   This article was initially published on https://www.institutmontaigne.org/   Morocco was among the countries not taking part in the March 2 UN General Assembly vote following Russia’s invasion of Ukraine. This position raised questions in Europe as Morocco is Europe's largest partner in the Maghreb. Jamal Machrouh, Senior Fellow at the Policy Center for the New South, sheds light on Morocco's perceived neutrality in the Ukrainian conflict in o ...
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    Innovation in Africa: Evidence and Implications for Growth and the Transition to High-Income Status
    Authors
    Emmanuel Pinto Moreira
    Rishita Mehra
    June 24, 2022
    For today’s middle-income countries in Africa, innovation is essential to sustain growth and promote the transition to high-income status. This paper begins by providing an in-depth review of the region’s innovation performance during the last three decades. A distinction is made between residents and non-residents, and outcomes at different income levels. Using cross-country regressions, we then study the determinants of innovation and assess the impact of innovation on growth in t ...
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    Quelles options pour l’intégration monétaire en zone CEDEAO ?
    Authors
    Moubarack Lo
    Mohamed Ben Omar NDIAYE
    June 15, 2022
    La question de la mise en œuvre du projet de monnaie unique de la CEDEAO a encore été au centre des discussions entre les chefs d’État de la CEDEAO lors de leur 57ème session ordinaire, tenue à Niamey le 7 septembre 2020, et lors de laquelle ils ont décidé pour diverses raisons un nouveau report à une date ultérieure, après ceux de 2003, 2005, 2009 et 2015. Les chefs d’État ont aussi évoqué l’élaboration d’une « nouvelle feuille de route », sans toutefois déterminer u ...
  • COVID-19 and Developing Countries-The Road to Recovery
    By Badr Mandri, Hinh Dinh
    June 10, 2022
    The latest IMF projections indicate that global growth will be 4.4% in 2022 after 5.9% in 2021. These projections make us very optimistic for the future, but they certainly cannot heal th ...
  • Slowbalization, Newbalization, Not Deglobalization
    Authors
    Otaviano Canuto
    June 1, 2022
    IMF Managing Director Kristalina Georgieva’s message to the Davos meeting last week referred to the upside risks of “geoeconomic fragmentation”  due to the war in Ukraine. Considering the ongoing rivalry between the United States and China and the alliance between the latter and Russia, the narratives about a West-East division in the global economy have become louder with an end and reversal of globalization. After the 2008 global financial crisis, the belief that globalization an ...
  • DebtCon Virtual Session: Paper Presentations & Policy Session
    May 11, 2022
    The Policy Center for the New South is pleased to organize an online parallel event in the framework of the Annual Interdisciplinary Sovereign Debt Conference, organized by the Graduate Institute of Geneva, the European University Institute and the GeorgeTown University. The objective o...
  • Atlantic Currents : Rim Berahab and the Threat of Climate Change
    May 10, 2022
    This is an exclusive interview with Rim Berahab, Senior Economist at the Policy Center for the New South, who engages with Helmut Sorge, Columnist at the Policy Center for the New South, in a conversation about the great threat of the climate crisis. Rim Berahab is the author of Chapter...
  • Atlantic Currents Podcast : Abdelhak Bassou et l’Afrique des fossés
    April 25, 2022
    Retrouvez en exclusivité l’interview de Abdelhak Bassou, Senior Fellow au Policy Center for the New South, qui se livre à Helmut Sorge, Columnist au Policy Center for the New South, au sujet des multi-disparités présentes en Afrique. Abdelhak Bassou est l’auteur du Chapitre 5 du rapport...
  • Russian-Ukrainian war: Regional & Global consequences
    April 21, 2022
    On February 24, 2022, Russia launched a military action in Ukraine. This operation and subsequent events is having a global impact, with far-reaching political and economic implications. In the short term, the conflict will affect the global economy through three main channels: financia...
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    Morocco Emergence in Global Value Chains: Four exemplary industries
    Authors
    Abdelmonim Amachraa
    Bertrand Quelin
    April 20, 2022
    Global value chains (GVCs) are intended to fragment global production among several countries and companies. In this context, national economies have begun processes of insertion and specialization with both social and green objectives, because multinationals (MNEs) create significant negative externalities. Morocco has chosen to develop an integrated economy in global businesses. This country relies on a long-term political vision and some modern infrastructures. The government pro ...
  • Capital humain et développement économique et social au Maroc
    Authors
    Sous la direction de: Idriss El Abbassi
    Mariem Liouaeddine
    Badr Mandri
    April 5, 2022
    Ce livre est l’aboutissement d’un appel à communications organisé conjointement par le Policy Center for the New South et le Laboratoire d’Economie appliquée de la Faculté des Sciences juridiques, économiques et sociales (FSJES) Rabat-Agdal. Il s’agit d’un nouveau maillon dans la collaboration entre les deux institutions depuis 2015 qui consacre la volonté et l’engagement du Policy Center for the New South d’entretenir des liens étroits avec le monde académique et d’offrir a ...
  • There Are No Shortcuts to Economic Development
    Mahmoud Arbouch & Otaviano Canuto
    April 01, 2022
    The Covid-19 crisis has led to major disruptions in Global Value Chains. In this episode, Otaviano Canuto answers to questions about the impact on the design of post-covid industrial poli ...
  • Dollar dominance will remain
    Authors
    Otaviano Canuto
    March 29, 2022
    The heavy financial sanctions on Russia after the invasion of Ukraine sparked speculations that the weaponization of access to reserves in dollars, euros, pounds, and yen would spark a division in the international monetary order. China would tend to strengthen its own international payments system and accelerate the establishment of its currency – the Renminbi – as a rival reserve currency to reduce its vulnerability to moves of a similar nature against it. Countries facing geopoli ...
  • ATLANTIC CURRENTS 8th Edition : The Wider Atlantic in a Challenging Recovery
    Authors
    Abdelhak Bassou
    Afaf Zarkik
    Ahmed Ouhnini
    Alessandro Minuto-Rizzo
    Bernardo Sorj
    Frannie Léautier
    Iskander Erzini Vernoit
    Karim El Aynaoui
    Kassie Freeman
    Larabi Jaïdi
    Mohammed Loulichki
    Nathalie Delapalme
    Nouzha Chekrouni
    Otaviano Canuto
    Oumnia Boutaleb
    Oussama Tayebi
    J. Peter Pham
    Rim Berahab
    Uri Dadush
    March 7, 2022
    The COVID-19 pandemic has had a huge impact on the global economy and has challenged the best minds to rethink how to design and implement an effective recovery. Countries in the wider Atlantic region have exhibited differential trajectories in traversing the pandemic. A number of countries in Europe succeeded in vaccinating most of their eligible populations, enabling life to return somewhat to normal. A smaller group of countries in Europe could manage infection rates even more ti ...
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    Un système monétaire international confronté au succès des crypto-monnaies, cherchant à rebondir en proposant une monnaie digitale de banque centrale
    Authors
    Henri-Louis Vedie
    March 4, 2022
    Le système monétaire international a connu de nombreuses crises. Celle consécutive à la dématérialisation régulière de la monnaie l'oblige à se reconstruire, suite au développement des crypto-monnaies et au succès du spéculatif et emblématique . Cette étude est, tout d'abord, consacrée à l'affaiblissement de ce système, avec une monnaie chinoise qui a choisi de ne plus s'y soumettre et des Etats qui dérogent à ses règles, comme le Monténégro, décidant unilaté ...
  • السياسة الصناعية الجيوسياسية غير الفعّالة
    Authors
    Otaviano Canuto
    Justin Yifu Lin
    Pepe Zhang
    March 3, 2022
    مقال نشر للمرة الأولى على موقع بروجكت سيندكايت   واشنطن - تُثير موجات نقص الإمدادات الناجمة عن اندلاع الجائحة المخاوف بشأن الأمن القومي في الاقتصادات المتقدمة. ونظرًا إلى شعورهم بالقلق إزاء الاعتماد المفرط على التصنيع الصيني، اقترحت كل من الولايات المتحدة والاتحاد الأوروبي واليابان مبادرات لنقل الإنتاج. وهم ليسوا بمفردهم. تكتسب عملية إضفاء الطابع الجيوسياسي على الصلة بين التجارة والصناعة والأمن المزيد من الزخم في العالم النامي أيضًا. ومن غرب البلقان إلى أمريكا اللاتينية، ترى الحكو ...
  • Geopoliticized Industrial Policy Won't Work
    Authors
    Otaviano Canuto
    Justin Yifu Lin
    Pepe Zhang
    March 3, 2022
    This article was initially published on project-syndicate.org   Supply shortages during the COVID-19 pandemic have set off a rush to reshore or nearshore production in the name of national security and resilience. But policymakers tasked with shaping new industrial policies should have no illusions that there are shortcuts to economic development. WASHINGTON, DC – Pandemic-induced supply shortages have heightened national security concerns in advanced economies. Worried about ove ...
  • Integrated Transition Toward Sustainability: The Case of the Water-Energy-Food Nexus in Morocco
    Authors
    Afaf Zarkik
    Ahmed Ouhnini
    March 1, 2022
    Known for being a climate change hotspot, Morocco is at the forefront of a climate disaster. Consequences are already being felt, whether in the form of increasing temperature or a downward trend in precipitations, which directly threaten the water security and, by extension, the social-ecological systems of the country. The systems by which food, energy, and water are produced, distributed, and consumed heavily depend on one another. Their implicit feedbacks and links are not linea ...
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    Europe-Afrique : l’ère du leadership partagé entre les deux continents ?
    Authors
    Patricia Ahanda
    February 23, 2022
    Le Sommet Union européenne (UE) - Union africaine (UA), qui s’est tenu à Bruxelles les 17 et 18 février 2022, entend marquer un tournant dans les relations entre les deux continents. L’agenda européen pour l’année 2022 met au centre de ses priorités les relations Europe - Afrique. Celles-ci sont aussi l'un des principaux axes défendus par la Présidence française du Conseil de l’Union européenne (PFUE) et le Président français Emmanuel Macron dans de son discours inaugur ...
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    The Links between Elite Conflict, Education Policies and Economic Complexity: Analysis of the (Similar, yet Different) Developmental Trajectories of Mauritius & Singapore
    Authors
    Nassim Hajouji
    February 15, 2022
    Using education and elite configurations as the main variables of analysis, this Policy Paper aims to show how higher levels of popular sector incorporation during elite conflicts, namely in the process of formulating and implementing policies related to education reforms, can negatively affect the economic complexity of developing countries. To do so, it analyzes the experiences of Mauritius and Singapore and links foundational political economy theories, particularly developmental ...
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    The Energy Crisis of 2021 and its Implications for Africa
    Authors
    Rim Berahab
    February 9, 2022
    Energy markets have experienced significant disruptions since the outbreak of COVID-19. In late 2021, soaring natural gas prices triggered a new crisis, leading to risks of energy supply shortages worldwide and propelling the issue of energy security to the forefront. Africa will not be spared the repercussions of this crisis, which could further increase energy inequality, which is in turn linked to other forms of inequality. Indeed, in a context of persistent inflation, the lack o ...
  • COVID-19 & Developing Countries—the Road to Recovery
    Authors
    Hinh T. Dinh
    February 3, 2022
    COVID-19 has ravaged nearly every country in the world, with the globalization of recent decades intensifying its spread. As of mid-2021, the world had spent $16.5 trillion—18% of global GDP—to fight the disease. And that amount does not even include the most important losses such as deaths, mental health effects, restrictions on human freedom, and other nonmonetary suffering. Nearly 90% of this spending was by developed economies, with the rest by emerging market and developing eco ...
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    Trade and Youth Labor Market Outcomes: Empirical Evidence and Policy Implications
    Authors
    Mina Baliamoune
    February 1, 2022
    We examine the effects of trade on youth labor force participation and unemployment rates by performing fixed-effects and Arellano-Bond GMM estimations on data from 89 developing and emerging economies from 1990 to 2018. The empirical results suggest that trade openness has U-shaped effects on youth labor force participation rates, with negative impacts at low-to-moderate levels of trade and positive but minor effects at relatively high levels of trade. Except for Latin America, the ...
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    Innovation in Africa: Nature and Evidence
    Authors
    Emmanuel Pinto Moreira
    January 31, 2022
    According to the Oslo Manual, innovation can be defined as “the implementation of a new or significantly improved product (good or service), or process, a new marketing method or a new organisational method in business practices, workplace organisations or external relations” (OECD, 2005, p. 46). For today’s middle-income countries in Africa, innovation is essential to sustain growth and promote the transition to high-income status. This paper begins by providing a summary of theore ...
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    Covid-19 and the Dilemma of the Developing Countries
    Authors
    Hinh T. Dinh
    January 26, 2022
    COVID-19 has caused serious damage throughout the entire world. As of mid-2021, the global fiscal cost of COVID-19—excluding the most important consequences, such as human lives, mental health effects, restrictions of human freedom, and other non-pecuniary components, have amounted to at least $16.5 trillion, about 18% of world GDP (Dinh 2021). Financial support has varied across countries depending on income level, political willingness, and the extent of the pandemic in each econo ...
  • Will emerging economies face a hard landing?
    Authors
    Otaviano Canuto
    January 26, 2022
    The year began with simultaneous signs of a slowdown in global economic growth and a reorientation toward tightening of monetary policies in advanced economies. In its latest Global Economic Prospects released on January 11, the World Bank forecasts that, after a global growth surprisingly at 5.5% last year, it should moderate to somewhere around 4.1% and 3.2%. % in, respectively, 2022 and 2023. In addition to the effects of omicron at the start of the year, less fiscal support and ...
  • Green Finance Taxonomies: Measuring which Economic Activities Deserve to be Called Green
    Authors
    Morten Seja
    Hadley Hilgenhurst
    Charlie Knight
    January 25, 2022
    Why Green Finance Taxonomies? The increasing effort to mitigate climate change has caused more and more individuals, governments, and companies to shift away from traditional financial investments and activities, and towards more environmentally-friendly alternatives. However, until recently, there has been a lack of consensus on what green finance and its environmental impact is. Thus, green finance taxonomies are needed to provide classification systems that identify how environm ...
  • Is the EU's Carbon Border Adjustment Mechanism a Threat for Developing Countries?
    Authors
    Rim Berahab
    January 13, 2022
    “This opinion was prepared within the framework of the Jean Monnet Atlantic Network 2.0. The European Commission's support for the production of this publication does not constitute an endorsement of the contents, which reflect the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.”   As part of the lengthy fight against climate change, the European Union (EU) has introduced a Border Carbon A ...
  • Regional differences in the economic impact of lockdown measures to prevent the spread of COVID-19: A case study for Colombia
    Authors
    Eduardo Amaral Haddad
    Gerson Javier Pérez Valbuena
    Diana Ricciulli
    Jaime Bonet
    Inácio Araújo
    Fernando Perobelli
    December 28, 2021
    This paper analyses the regional economic differences in the impact of lockdown measures to prevent the spread of COVID-19 ordered by Colombia’s national gov­ernment. Using an input-output model, we estimate regional economic losses by extracting a group of formal and informal workers from different sectors of the economy. Results show regional differences in the impact of lockdown measures on their labour markets, local economies, and productive sectors. We also find that periphera ...
  • Weathering the Changing Needs to Regulate Financial Inclusion
    Authors
    Morten Seja
    December 20, 2021
    A Case for Regulators to Green Financial Inclusion Financial Inclusion is an Excellent Tool for Combating Poverty It is well known that supporting financial inclusion is a relevant tool in lifting people out of poverty. There is plenty of empirical evidence showing that financial inclusion significantly reduces poverty and income inequality in developing countries. Concerted efforts to support financial inclusion globally have existed since the United Nations Capital Development ...
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    Decarbonization and “Greenflation”
    Authors
    Otaviano Canuto
    December 10, 2021
     Accelerating the transition toward low or net-zero carbon emissions is necessary to keep global warming at theoretically safe levels. That will likely bring price shocks associated with rising metal prices, energy costs, and carbon taxes – what has been called “greenflation”. Greening the economy will also require public spending and redistributive policies. ...
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    USA/Europe: Seven Digital Challenges
    Authors
    Laurence Nardon
    Siméon Rust
    December 6, 2021
    Thanks to the positive momentum in transatlantic relations brought about by the arrival of the Biden administration, significant progress is expected on a range of key digital issues. New rules are emerging that are designed to level the playing field for economic actors and ensure the respect of civil liberties, while significant new investments in technological innovation are taking place amid considerable industrial reorganizations. This paper proposes to shed light on seven part ...
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    De la transition environnementale à la crise énergétique : le gaz naturel a-t-il un avenir ?
    Authors
    Yves Jégourel
    December 3, 2021
    Si le recours aux énergies renouvelables ne peut que croître, doit-on symétriquement considérer que le gaz naturel est, à l’instar du pétrole et du charbon, une énergie du passé ? Cette question simple en apparence, appelant une réponse tranchée et nécessairement positive au regard de l’impératif climatique, de la nécessité de décarboner nos économies, mais également des engagements politiques pris dans ce sens par de nombreuses nations. Le bien-fondé environnemental de ce raisonnem ...
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    The Metamorphosis of Finance and Capital Flows to Emerging Market Economies
    Authors
    Otaviano Canuto
    November 25, 2021
    The decade after the Great Financial Crisis of 2007–09 brought significant changes in the volume and composition of capital flows in the global economy. Portfolio investments and other non-bank financial intermediaries are responsible for an increasing share of foreign capital flows, while banking flows have shrunk in relative terms. This paper considers the implications of such a metamorphosis of finance for capital flows to emerging market economies (EMEs). After examining capital ...
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    Beyond the Arab Risings What Kind of Future?
    Authors
    Alessandro Minuto-Rizzo
    Alessandro Politi
    Claire Spencer
    Abdulaziz Sager
    Karim El Aynaoui
    Oumayma Bourhriba
    Mahboub E. Hashem
    Matt Herbert
    Umberto Profazio
    Eman Ragab
    Brahim Oumansour
    Ashraf Mohamed Keshk
    Jean-Loup Samaan
    Ahmad Masa’deh
    Giovanni Romani
    November 11, 2021
    Since its very beginning in 2011, the Middle East and Deep Maghreb have been a fundamental priority for the Foundation. As this year marks the 10th anniversary of the Arab uprisings, our Dossier wants to provide a meaningful understanding of the future dynamics of an area that, despite several positive attempts, is still affected by major instability. Gathering the perspectives of a pool of distinguished regional and international analysts, this publication dives into the socio-econ ...
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    Summary Report - International Taxation from Global South Perspectives
    Authors
    Badr Mandri
    Babou Diasso
    Aaditri Solankii
    November 4, 2021
    South Centre (SC) in collaboration with the Policy Center for the New South (PCNS) organized on October 13, 2021, a webinar on the issue of International Taxation from the Global South perspectives. Tax revenue mobilization plays a key role in financing the economic and social development of countries. When well designed and implemented, tax policy can help developing countries raise revenue and increase their spending, especially in the social sector. Indeed, tax revenue as a share ...
  • A “dream born in a poor child”
    Authors
    Helmut Sorge
    October 21, 2021
    The music was as dramatic and emotional as the adventure. Dennis Tito, named by BBC news “the spaceman” (April 28, 2001) on his personal way to heaven—for him the International Space Station (ISS)408 kilometers above earth .The American mega-investor, who paid about 20 million dollars to realize the “dream born in a poor child”, surviving with his Italian family of immigrants in the New York borough Bronx, drowned the noise of the lifting rocket by opera music of his choice, Aida an ...
  • Permanent Output Losses From the Pandemic
    Authors
    Otaviano Canuto
    October 21, 2021
    In the World Economic Outlook, published October 12, the International Monetary Fund (IMF) slightly lowered its forecast for global economic growth this year to 5.9%, while maintaining a forecast of 4.9% for 2022. It also emphasized the “divergence” in the pace and extent of economic recovery in different countries. Two factors are highlighted in explaining the divergence. First, there are the different paces and extent of vaccination in different countries, that is, the ‘Great Vac ...
  • Banque mondiale : pourquoi il faut sauver le rapport Doing Business
    Authors
    Uri Dadush
    October 8, 2021
    Annoncé le 16 septembre dernier, l’arrêt définitif de l’enquête annuelle sur le climat des affaires est une erreur. Véritable référence pour l’analyse économique et entrepreneuriale dans 190 pays, c’est un instrument perfectible, mais indispensable. Dans la foulée d’une enquête indépendante menée par le cabinet d’avocats WilmerHale, qui pointait les pressions inopportunes exercées par la Chine et par d’autres pays lors de la préparation de son rapport annuel Doing Business, la Banq ...
  • How to Decarbonize the Moroccan Economy
    Hamza M'jahed & Rim Berahab
    October 01, 2021
    The climate crisis is a latent threat that has been brewing for several years. Its repercussions affect both individuals and economies. Since the Paris Agreement, progress has stalled in ...
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    Risk Mitigation Tools to Crowd in Private Investment in Green Technologies
    Authors
    Mahmoud Arbouch
    Raffaele Della Croce
    Otaviano Canuto
    Karim El Aynaoui
    Youssef El Jai
    Miguel Vazquez
    September 29, 2021
    In order to close the financing gap in green technologies, finding new mechanisms to enhance the participation of the private sector, combined with that of the public sector, in financing sustainable and climate-resilient infrastructure is a must. In this context, some unlisted instruments are going to be needed to enhance financing of green infrastructure. Besides, the development of properly structured projects, with risks and returns in line with the preferences of the different ...
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    Morocco’s Decarbonization Pathway - Part IV: Policy Recommendations
    Authors
    Rim Berahab
    Chami Abdelilah
    Derj Atar
    Hammi Ibtissem
    Morazzo Mariano
    Naciri Yassine
    Afaf Zarkik
    with the technical support of AFRY
    July 29, 2021
    As decarbonization is a long-term process and requires significant investments, specific financial and non- financial measures will need to be implemented, both in the short and long term, to facilitate this transition. In Part II of Morocco’s decarbonization pathway Policy Brief series, an update of the decarbonization scenarios was presented. It revealed that the Increased Ambition and Green Development scenarios achieve higher decarbonization targets than current policy. It showe ...
  • Driven Towards Wealth or Despair
    Authors
    Helmut Sorge
    Helmut Sorge
    July 28, 2021
    Elon Musk, owner of the electric car company Tesla, declared in February that his company would accept the digital currency Bitcoin, as a payment method. The news lifted the shares of the carmaker by around 20%. Three months later, Musk reversed his decision, sold 10% of his Bitcoin holdings and raked in the modest sum of $100 million. Economist and Senior Fellow at the Policy Center for the New South Henri-Louis Vedie noted in his Policy Brief, Bitcoin, a Speculative Virtual Curren ...
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    La trajectoire de décarbonisation du Maroc – 4ème partie : recommandations politiques
    Authors
    Rim Berahab
    Chami Abdelilah
    Derj Atar
    Hammi Ibtissem
    Morazzo Mariano
    Naciri Yassine
    Afaf Zarkik
    with the technical support of AFRY
    July 23, 2021
    La décarbonisation est un processus à long terme qui nécessite des investissements importants. Ainsi, des mesures financières et non financières spécifiques devront être mises en œuvre, à la fois à court et à long termes, pour faciliter cette transition. Dans la deuxième partie de la série de Policy Briefs sur la trajectoire de décarbonisation du Maroc, une mise à jour des scénarios de décarbonisation a été présentée. Elle révèle que les scénarios « Ambition accélérée » et « Dévelop ...
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    Morocco’s Decarbonization Pathway - Part III: The Costs and Benefits of the Energy Transition
    Authors
    Rim Berahab
    Chami Abdelilah
    Derj Atar
    Hammi Ibtissem
    Morazzo Mariano
    Naciri Yassine
    Afaf Zarkik
    with the technical support of AFRY
    July 19, 2021
    Morocco's significant renewable energy resources offer an unprecedented opportunity to anchor the country’s economic and political choices in the energy transition, and to turn the transition into an essential lever for economic development. This is all the more relevant as the costs of renewable energies have dropped over the past 10 years2, and now offer strong potential, not only for creating green jobs but for ensuring a dynamic and resilient economic growth as well. In 2020, ne ...
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    Accelerating Growth and Job Creation in a Rapidly Changing and Integrated World
    Authors
    Hinh T. Dinh
    Vandana Chandra
    Emmanuel Pinto Moreira
    Mahmoud Arbouch
    July 14, 2021
    This book aims to address job creation in Morocco in the context of a new export-driven growth model. Prior to the COVID-19 pandemic, the unemployment situation in Morocco was serious, particularly among young people. Morocco’s competitive edge in the global market had been eroding, especially in labor-intensive, low-wage industries that typically create large numbers of jobs. The COVID-19 pandemic has created further setbacks to the economy in 2020 and beyond, including a collapse ...
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    La trajectoire de décarbonisation du Maroc - 3ème partie : Coûts et avantages de la transition énergétique
    Authors
    Rim Berahab
    Chami Abdelilah
    Derj Atar
    Hammi Ibtissem
    Morazzo Mariano
    Naciri Yassine
    Afaf Zarkik
    with the technical support of AFRY
    July 9, 2021
    Les importantes ressources en énergies renouvelables du Maroc offrent une opportunité sans précédent d’ancrer les choix économiques et politiques du pays dans la transition énergétique, et de faire de cette transition un levier essentiel du développement économique. Ceci est d’autant plus important que le coût des énergies renouvelables a baissé au cours des 10 dernières années2 et présente désormais un fort potentiel, non seulement de création d’emplois verts mais aussi de croissan ...
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    La trajectoire de décarbonisation du Maroc - 2ème partie : scénarios de décarbonisation actualisés
    Authors
    Rim Berahab
    Chami Abdelilah
    Derj Atar
    Hammi Ibtissem
    Morazzo Mariano
    Naciri Yassine
    Afaf Zarkik
    with the technical support of AFRY
    July 9, 2021
    Les conséquences du changement climatique sont de plus en plus visibles au Maroc. Le schéma changeant des précipitations et de la sécheresse, l'augmentation des températures moyennes et des canicules, les inondations et l'augmentation du niveau de la mer affectent de plus en plus de nombreuses régions. Et pourtant, le taux d'émission de gaz à effet de serre (GES) du Maroc est relativement faible, comparé à celui d'autres pays. En 20162, les émissions totales de GES du Maroc ont atte ...
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    Morocco’s Decarbonization Pathway Part II: Updated Decarbonization Scenarios
    Authors
    Rim Berahab
    Chami Abdelilah
    Derj Atar
    Hammi Ibtissem
    Morazzo Mariano
    Naciri Yassine
    Afaf Zarkik
    with the technical support of AFRY
    July 9, 2021
    The consequences of climate change are becoming progressively more visible in Morocco. Changes in rainfall patterns and drought, increases in average temperatures and heatwaves, flooding, and rising sea levels are increasingly affecting several regions. Yet, Morocco has a relatively low greenhouse gas (GHG) emission rate, compared to other countries. In 20162, Morocco’s total GHG emissions reached 86127.7 gigagram of carbon dioxide equivalent (Gg CO2-eq), totaling around 0.2% of glo ...
  • Matchmaking Private Finance and Green Infrastructure
    Authors
    Otaviano Canuto
    Otaviano Canuto
    July 7, 2021
    The world faces a huge shortfall of infrastructure investment relative to its needs. With a few exceptions, such as China, this shortfall is greatest in emerging and developing countries. The G20 Infrastructure Investors Dialogue estimated the volume of global infrastructure investment needed by 2040 to be $81 trillion, $53 trillion of which will be needed in non-advanced countries. The Dialogue projected a gap—in other words, a shortfall in relation to the investment needs foresee ...
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    Morocco’s Decarbonization Pathway Part I: Introduction to a Joint Study
    Authors
    Rim Berahab
    Chami Abdelilah
    Derj Atar
    Hammi Ibtissem
    Morazzo Mariano
    Naciri Yassine
    Afaf Zarkik
    with the technical support of AFRY
    June 28, 2021
    During the 2015 Paris Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), governments pledged to limit the global temperature increase to well below 2°C above pre- industrial levels, to peak emissions as soon as possible, and to achieve carbon neutrality in the second half of the century. Yet, even assuming full implementation of the commitments made by governments in Paris, the global concentration of greenhouse-gas (GHG) emissions will ...
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    La trajectoire de décarbonisation du Maroc - Première partie : Introduction à l'étude conjointe
    Authors
    Rim Berahab
    Chami Abdelilah
    Derj Atar
    Hammi Ibtissem
    Morazzo Mariano
    Naciri Yassine
    Afaf Zarkik
    with the technical support of AFRY
    June 28, 2021
    Lors de la Conférence des Parties à la Convention-cadre des Nations unies sur les changements climatiques (CCNUCC) qui s'est tenue à Paris en 2015, les gouvernements se sont engagés à limiter l'augmentation de la température mondiale à un niveau bien inférieur à 2°C par rapport aux niveaux préindustriels. Ils se sont également engagés à atteindre, dès que possible, un pic de leurs émissions et à parvenir à la neutralité carbone au cours de la seconde moitié du siècle. Pour autant, m ...
  • Climate change in Brazil: dealing with uncertainty in agricultural productivity models and the implications for economy-wide impacts
    Authors
    Bruno Souza
    Eduardo Amaral Haddad
    June 18, 2021
    This paper estimates the economic impacts of climate change over the Brazilian regions until the end of the century. We estimate the direct and indirect impact of the projected changes in climate on the yield of the country’s main crops. The results point to a broad spatial heterogeneity of impacts across the country. Using the extreme scenarios created by the Intergovernmental Panel on Climate Change (IPCC) (RCP 2.6 and 8.5), our predictions indicate that the average annual losses ...
  • AFRICAFÉ : Youssef El Jai décrypte l'actualité de la CEDEAO
    June 17, 2021
    Africafé reviens ce jeudi 17 juin à 17h30 avec un nouvel épisode. Présenté par Youssef Tobi, spécialiste en relations internationales, Africafé décrypte l'actualité des organisations africaines et du continent avec des experts africains. Dans cet épisode, Youssef El Jai donne une vision...
  • Financial Globalization and Inequality
    Otaviano Canuto & Hamza Saoudi
    June 11, 2021
    Inequality is nowadays one of the most important issues facing many economies around the world, not only in developing countries but also in advanced and emerging ones. Today, there is a ...
  • It Has its Own Romance and Excitement
    Authors
    Helmut Sorge
    Helmut Sorge
    June 11, 2021
    For science fiction writers, the universe has no limits. They imagine spacecraft conquering the unknown, the mining of asteroids, access to solar power and room for colonization by earthlings tempted by new frontiers billions of miles and dreams away. Or worlds to conquer barred by radioactive fields, devilish storms, metallic dust, unbearable darkness leading towards black holes and hell in space, and the sun, radiating up to 15 million degrees Celsius, which suggests nothing less ...
  • RE-NEW TT by Teocah Dove, Trinidad & Tobago (ADEL 2015)
    June 4, 2021
    The Native Indians in Guyana are among the country’s poorest populations. The RE NEW TT project wished to address one of the major problems the country’s Native Indian community is dealing with: the lack of access to energy. RE NEW TT installed a PV solar system at the sole indigenous p...
  • The Role of Eco-Industrial Parks in Environmentally-Responsible Economic Growth
    Authors
    Nadia Makara
    June 3, 2021
    In an effort to spur economic growth, industrial parks were created to combine industrial activities with infrastructure, service, and commercial activities. These parks involve a collection of businesses, utilizing a combination of heavy and light manufacturing, that are located in a dedicated zone for industrial use to boost efficiency, minimize operational costs, and maximize output. Though industrial parks can contribute to economic growth and social development in a region, the ...
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    Le Bitcoin, une monnaie virtuelle spéculative mais pas une alternative à la monnaie centrale
    Authors
    Henri-Louis Vedie
    May 31, 2021
    En multipliant par deux son cours durant les trois premiers mois de l'année 2021, puis en le divisant pratiquement par deux, en quelques jours du mois d'avril 2021, le Bitcoin interroge, nous interroge. Ce Policy Brief lui est consacré, rappelant son histoire qui commence en 2009, en en faisant un enfant de la crise financière de 2008. Il insiste, aussi, sur le recours à la cryptographie dont s'inspire le Bitcoin, utilisant ses supports à travers la Blockchain et le Minage pour sécu ...
  • L’Etat, le citoyen et la sphère savante
    May 27, 2021
    En partenariat avec l’ISCAE Dans le cadre de la pandémie de COVID-19, le dialogue entre citoyens, scientifiques et décideurs politiques et la répartition de leurs rôles au sein de la société ont été un élément déterminant dans les réponses apportées à cette crise. Dans chaque pays, la c...
  • AFRICAFÉ : Larabi Jaïdi décrypte l'actualité de la ZLECAf
    May 20, 2021
    Le Policy Center lance une nouvelle émission. Africafé, le nouveau rendez-vous bimensuel présenté par Youssef Tobi, spécialiste en relations internationales, décryptera l'actualité des organisations africaines et du continent avec des experts africains. Pour ce deuxième épisode, Larabi ...
  • Turning the Smallest Village into a Classroom
    Authors
    Helmut Sorge
    Helmut Sorge
    May 12, 2021
    Leonardo Da Vinci’s mechanical knight was a humanoid automaton, designed and possibly constructed by da Vinci around 1495. When a version of the mechanical knight was brought into existence several hundred years later, it could stand, sit, raise its visor, and independently maneuver its arms, operated by a series of pulleys and cables. Today, of course, robots have escaped da Vinci’s fantasies. Today they land on Mars, help nurses treat COVID-19 patients, and slave in car manufactur ...
  • Africa’s Digital Revolution: Opportunities & Challenges
    May 6, 2021
    The Policy Center for the New South recently partnered with the Atlantic Council’s Africa Center on a pair of reports exploring the theme of technology and its impact on Africa’s political and economic future. In its report, The Impact of New Technologies on Employment and the Workforce...
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    Tunisie : la démocratie à l’épreuve de la transition économique
    Authors
    Abdessalam Saad Jaldi
    Abdessalam Saad Jaldi
    April 26, 2021
    La Tunisie a fêté récemment le 10ème anniversaire de la révolution qui a mis fin à l’ancien régime bénalien et défini les principes de la IIème République. Ayant pour principales doléances la croissance économique et la justice sociale, la révolution tunisienne était exclusivement sociale. Or, l’appropriation de la révolution par l’Assemblée nationale constituante (ANC) et le quartet du dialogue national qui ont privilégié le chantier des réformes démocratiques au détriment des réfo ...
  • Technologies and Big Data in Shaping African Public Services
    April 13, 2021
    Technologies and Big Data in Shaping African Public Services: Towards Efficient Digital Solutions for Africa Social Good Can technology and digitalization improve and enhance the value we get from public services? Data can change the experience that individuals get from a public service...
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    The Impact of New Technologies on Employment and the Workforce: What are the Implications for Developing Countries, Especially in Africa?
    Authors
    Hamza Saoudi
    March 24, 2021
    This report is part of a partnership between the Policy Center for the New South and the Atlantic Council’s Africa Center.   New technologies, such as automation, artificial intelligence and industrial robots, are often seen as a real danger for existing jobs and also for future job-creation prospects. There is a perception that they will make work redundant and lead to massive job destruction. However, others believe that automation, like previous technological waves , will incre ...
  • Uneven Integration: The Case of Angola
    Authors
    Eduardo Amaral Haddad
    Fernando S. Perobelli
    Inácio F. Araújo
    Tomaz P. Dentinho
    March 16, 2021
    Angola’s prospects for reconstruction and development of its poor connectivity infrastructure are heavily dependent upon the export performance of its oil sector. Using an interregional inputoutput table for Angola, we estimate comprehensive measures of trade in value added revealing different hierarchies of interregional and international trade integration, with implications for regional inequality in the country. By encompassing the subnational perspective in the case study of an ...
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    Brazil Agriculture—Response and resilience of food security under dual shocks in 2020: Oil price collapse and the COVID-19 pandemic
    Authors
    Isabelle Tsakok
    Fatima Ezzahra Mengoub
    March 3, 2021
    Brazil, an oil-exporting nation, was still struggling to recover from the depression which started around 2014/15 when it was hit by a quick succession of shocks: the COVID-19 pandemic and the oil price collapse. The global pandemic triggered major economic dislocations and contractions in foreign and domestic markets, which further exacerbated the fall in demand for oil, sending world prices tumbling further. Poverty was already widespread in Brazil pre-pandemic. And despite recen ...
  • The future of trade agreements
    Abdelaaziz Ait Ali et Marcus Vinicius de Freitas
    March 02, 2021
    The Covid-19 pandemic has severely damaged the global economy. Confinement policies, global value chains disruption and risk aversion in the financial systems markets have brought the glo ...
  • Climbing a High Ladder - Development in the Global Economy
    Authors
    Otaviano Canuto
    February 26, 2021
    Economic development analysis must inevitably rely on a double methodological standpoint. On the one hand, it needs to search for common features, those general attributes that might be present in all national experiences of wealth accumulation, poverty reduction, and moving up the income ladder. On the other, in order to be meaningful, it must reckon with time and space. It must consider that those universal development traits will play out in specific historical and geographical c ...
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    La Zone de libre-échange continentale africaine (ZLECAF) : regard juridique
    Authors
    Abdessalam Saad Jaldi
    Abdessalam Saad Jaldi
    February 24, 2021
    L'intégration régionale en Afrique est considérée comme une priorité par de nombreux responsables politiques et acteurs économiques du continent. Avec la signature de l'accord portant création de la ZLECAf par l'ensemble des pays africains, le défi consiste désormais à mettre en place un marché continental pour les biens et les services et à jeter les bases d'une union douanière continentale. Nombreux sont ceux qui, sur le continent, considèrent la ZLECAf comme un plan d'investissem ...
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    La vanille malgache : entre valorisation des avantages comparatifs et nécessaire diversification économique
    Authors
    Yves Jégourel
    February 17, 2021
    La vanille est un produit d’exportation phare de Madagascar qui dispose, pour cette matière première unique, d’un quasi-monopole mondial. Si les recettes d’exportation qui en découlent sont essentielles pour l’île Rouge, leur variabilité, conjuguée à celle d’autres produits, tels que le nickel, n’est pas sans poser d’importants problèmes macroéconomiques en raison de la faible diversification de sa balance commerciale. Conséquence de la chute des cours depuis les sommets atteints en ...
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    African Cities in Times of COVID-19: Resilience against all Odds
    Authors
    Paola Maniga
    Yassine Moustanjidi
    February 15, 2021
    The COVID-19 pandemic has exposed new vulnerabilities in social, infrastructure, and governance systems. In the first months of the pandemic, there was a genuine concern about the capacity of the Global South to contain the spread of the virus. African cities were particularly vulnerable, with some experts1, including the head of WHO2, predicting a catastrophe for the continent. Despite the structural and chronic challenges that African cities face, including informality, poverty, a ...
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    Africa’s Development Issues After Covid-19
    Authors
    Hinh T. Dinh
    February 12, 2021
    This paper provides a preliminary assessment of COVID-19’s impact on Africa, focusing on the sub-Saharan Africa (SSA) countries, based on information available as of October 2020. We first identify the two key long-term issues of the SSA countries before the crisis: resource dependency and slow productivity growth. COVID-19 has hit SSA countries hard, causing human and economic destruction and wiping out economic progress from the last decade. Instead of growing at 2.9% in 2020, as ...
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    The African Continental Free Trade Agreement (AfCFTA): Legal Overview
    Authors
    Abdessalam Saad Jaldi
    Abdessalam Saad Jaldi
    February 5, 2021
    Regional integration in Africa is seen as a priority by many of the continent’s policymakers and economic stakeholders. With all Africa now signed up to the African Continental Free Trade Agreement (AfCFTA), the challenge now is to implement a continental market for goods and services and establish the foundations of a continental customs union. Many on the continent see the AfCFTA as an investment, economic-diversification, and job-creation blueprint that will shape the future of A ...
  • Les Mardis du PCNS 02/02/2021 : الذكاء الاصطناعي بين الفرص والتحديات
    February 2, 2021
    في إطار برنامجه الأسبوعي "حديث الثلاثاء"، يخصص مركز السياسات من أجل الجنوب الجديد حلقته لهذا الاسبوع لمناقشة فرص وتحديات الذكاء الاصطناعي برفقة مريم الخشافي، دكتوره في الرياضيات التطبيقية وباحثة في علم البيانات بمركز السياسات من أجل الجنوب الجديد. إن الذكاء الاصطناعي قد يوفر إمكانيات ها...
  • La ZLECAF : un engagement en faveur du commerce et d’une transformation structurelle inclusive
    Authors
    Tayeb Ghazi
    Tayeb Ghazi
    February 1, 2021
    L’entrée en vigueur de l’accord instituant la Zone de libre-échange continentale africaine (ZLECAF) s’inscrit dans la continuité des aspirations anciennes pour intégrer les marchés africains et faire de cette intégration un vecteur de prospérité et de développement. Il s’agit, en effet, d’une étape dont la traversée est inévitable en vue d’aboutir aux aspirations annoncées par l’Agenda 2063. C’est une étape qui concrétise, dans sa première phase, un engagement en faveur de la libre ...
  • L’Economie du Sport au Maroc
    January 27, 2021
    Fédérateur et vecteur d’inclusion, le sport est mentionné dans l’Agenda 2030 pour le développement durable : il contribue à la paix, à l’autonomisation des femmes et des jeunes ainsi qu’à l’atteinte des Objectifs de développement durable (ODD) en matière de santé, d’éducation et de cohé...
  • Les Mardis du PCNS 26/01/2021 : منطقة التجارة الحرة القارية الأفريقية وتحديات الاندماج
    January 26, 2021
    أطلقت دول القارة الأفريقية في اليوم الأول من عام 2021 منطقة تجارة حرة قارية، بعد تأجيل دام عدة أشهر بسبب أزمة تفشي فيروس كورونا. وتسعى الدول الأفريقية من خلال هذه المنطقة لإقامة تكتل اقتصادي من ناحية عدد الدول والسكان ليكون أكبر منطقة للتجارة الحرة منذ تأسيس منظمة التجارة العالمية. وفقً...
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    Rapport annuel sur l’économie de l’Afrique 2020
    Authors
    Sous la direction de
    Larabi Jaïdi
    Abdelaaziz Ait Ali
    Nezha Alaoui M’hammdi
    Mahmoud Arbouch
    Muhammad Ba
    Amanda Bisong
    Rafik Bouklia Hassane
    Oumayma Bourhriba
    Salma Daoudi
    Amal El Ouassif
    Tayeb Ghazi
    Aomar Ibourk
    Len Ishmael
    Pierre Jacquemot
    Leo Kemboi
    Jacob Kotcho
    Mouhamadou Ly
    Jamal Machrouh
    Iván Martín
    Fatima Ezzahra Mengoub
    Solomon Muqayi
    Meriem Oudmane
    Ahmed Ouhnini
    Mohamed Ould El Abed
    Kwame Owino
    Asmita Parshotam
    Fatih Pittet
    Afaf Zarkik
    December 29, 2020
    Dès les premiers cas du Coronavirus relevés en Afrique, les prédictions les plus sombres ont été faites sur la catastrophe sanitaire à venir sur le continent, en raison d’un certain nombre de caractéristiques supposées favoriser la propagation de l’épidémie. Ces prévisions ont été démenties par la rapidité des ripostes des Etats et par divers autres facteurs. La progression de la Covid-19 en Afrique n’est pas le fait d’une dynamique unique mais plutôt de multiples profils de risques ...
  • L’Union européenne approuve son budget face à la crise : « Eppur si mouve »
    Authors
    Iván Martín
    December 18, 2020
    Avec du suspense jusqu’à la dernière minute, comme l’Union européenne (UE) aime le faire, le 10 décembre 2020 le Conseil européen a finalement donné son accord pour le budget de l’Union 2021-2027 (1,8 milliards d’euros[1]) et du Fonds de récupération et de relance pour faire face aux conséquences économiques et sociales de la Covid-19 dans les pays de l’UE. Le Fonds répartira entre les États membres 750 milliards d’euros entre 2021 et 2023 (sous le nom de « EU Next Generation »), 36 ...
  • The internal geography of services value-added in exports: A Latin American perspective
    Authors
    Eduardo Amaral Haddad
    Inácio F. Araújo
    December 18, 2020
    We estimate the contents of services value-added incorporated in goods exports in different countries in Latin America, exploring the local dimension of the results. We use inter-regional input–output analysis to trace and map domestic value-added embedded in those countries' exports. We add to the discussion of global value chains the internal, within-country geography of trade in value-added, since the set of locational preferences that help understanding the spatial patterns of n ...
  • AD Talks 2020: The Role of ICT in the Management of Global Crises
    December 15, 2020
    In modern societies, technology plays an important role and thus creates new challenges. Information, of which ICT is the vector, has become a strategic resource. Today, ICTs are already playing a central role in the fight against global inequalities. They are now asserting themselves, ...
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    Impacts de la Covid-19 sur l’économie marocaine : Un premier bilan
    Authors
    Abdelaaziz Ait Ali
    Karim El Aynaoui
    Fayçal El Hossaini
    Badr Mandri
    December 14, 2020
    L’économie marocaine fait face à une année 2020 extrêmement difficile et complexe. La crise provoquée par le choc de la Covid-19 est singulière, multicanale et fondamentalement différente des crises précédentes. Elle altère le système productif par un double choc d’offre et de demande, amplifié, de passage, par une crise de confiance. Alors que l’année 2020 touche à sa fin, il est crucial de dresser une première évaluation circonstanciée des ramifications de cette crise, qui permett ...
  • Structural propagation of pandemic shocks: an input–output analysis of the economic costs of COVID-19
    Authors
    Eduardo Amaral Haddad
    Fernando S. Perobelli
    Inácio F. Araújo
    Karina S. S. Bugarin
    December 14, 2020
    This paper explores the use of simulations in policy decision-making in the Brazilian State of São Paulo in fighting the COVID-19 pandemic. We propose a methodology for assessing the daily economic costs of control strategies for mitigating the effects of coronavirus. The method is based on the partial hypothetical extraction approach to input–output systems. Simulated daily scenarios based on different levels of compliance to the control measures are used to help guide the design o ...
  • AD Talks 2020: The Age of (Dis)Information
    December 10, 2020
    The purposeful dissemination of misleading or outright false information by news media and foreign state actors constitutes an increasingly important factor in both the growing erosion of trust in national institutions and political polarization in many countries around the world. The d...
  • Europe, Africa and Asia: What Partnership Dynamics after 2021? (French)
    November 27, 2020
    The Policy Center for the New South is hosting a joint webinar in partnership with the ASEANplus Platform of the Ghent University under the theme “Europe, Africa and Asia: What Partnership Dynamics after 2021?”. The COVID-19 pandemic has highlighted the effects of globalization and defi...
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    Africa’s Insurance Potential: Trends, Drivers, Opportunities and Strategies
    Authors
    Landry Signé
    November 26, 2020
    The insurance sector is rapidly expanding in Africa as firms, households, and governments are increasingly becoming customers in life insurance, non-life insurance, and reinsurance markets. In 2019, Africa’s insurance premiums were valued at $68.15 billion 1 . The largest insurance markets can be found in South Africa, Kenya, Egypt, Nigeria, Algeria, Angola, and Tunisia, which together comprised 83% of all African premiums in 2019 2 . Africa’s insurance sector is often overlooked wi ...
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    African Infrastructure Development : What should be done to win the next decade ?
    Authors
    Mahmoud Arbouch
    Oumayma Bourhriba
    November 16, 2020
    Africa is experiencing economic growth deceleration that reached 2.9% on average between 2010 and 2018, against 5.4% between 2000 and 2010. The sectoral performance of African economies depends critically on the stock and quality of infrastructure, directly as an essential input (for example, energy and transport) and indirectly by increasing total factor productivity. African economic integration, and the hoped-for emergence, can never be fully achieved with poor infrastructure, bo ...
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    Mobilizing Resources for a More Sustainable World: The Role of Subnational Development Banks
    Authors
    Sergio Gusmão Suchodolski
    Cinthia Helena de Oliveira Bechelaine
    Adauto Modesto Junior
    November 13, 2020
    The effective implementation of the 2030 Agenda requires a greater level of capital mobilization and new institutional arrangements that guarantee the better allocation of these funds. Based on concrete results from the experience of the Development Bank of Minas Gerais, in Brazil, this paper argues that Subnational Development Banks (SDBs) can be powerful players within development finance institutions’ networks, as their local expertise can bring efficiency and effectiveness to th ...
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    L’automobile : une filière marocaine stratégique, leader du secteur en Afrique
    Authors
    Henri-Louis Vedie
    November 13, 2020
    Avec la venue de Renault à Melloussa, près de Tanger, puis de PSA à Kenitra et, demain, du Chinois BYD, à Casablanca, la filière automobile marocaine aura atteint une capacité annuelle de production de 700 000 à 1000 000 de véhicules, sous différentes marques. Ce qui fait que le Maroc est aujourd’hui le leader des modèles de Tourisme en Afrique. Cette étude rappelle les grandes étapes de cette marche de la maturité et de l'excellence, qui commence en 1959, avec la Somaca (la Société ...
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    The Internal Geography of Services Value-Added in Exports: A Latin American Perspective
    Authors
    Eduardo Amaral Haddad
    Inácio F. Araújo
    October 27, 2020
    We estimate the contents of services value-added incorporated in goods exports in different countries in Latin America, exploring the local dimension of the results. We use inter-regional input-output analysis to trace and map domestic value-added embedded in those countries’ exports. We add to the discussion of global value chains the internal, withincountry geography of trade in value-added, since the set of locational preferences that help understanding the spatial patterns of na ...
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    Les technologies numériques : nouvel horizon des réseaux électriques centralisés en Afrique subsaharienne ?
    Authors
    Hugo Le picard
    October 22, 2020
    L’enjeu du développement des systèmes électriques centralisés est une priorité pour le développement économique et social de l’Afrique subsaharienne. Alors que la population subsaharienne devrait presque doubler en trente ans selon l’Organisation des Nations unies (ONU), pour atteindre 2,1milliards d’habitants en 2050, dont 1,2milliard d’urbains, le continent va devoir fournir des emplois aux jeunes qui arrivent chaque année plus nombreux sur le marché du travail. Ce sont ainsi 20mi ...
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    Decent Jobs and Inclusive Social Policies in Home Countries : Key Factors for Limiting Illegal Migration
    Authors
    Amal El Ouassif
    Tayeb Ghazi
    October 15, 2020
    It is only recently that the international community has begun referring to tackling the root causes of migration. The importance of job creation has emerged as one of the key ways to convince young people to stay in their countries of origin. However, solely creating jobs is insufficient if the jobs are vulnerable and do not pay decent wages. This policy brief provides recommendations on priority areas to ensure decent living conditions in origin countries. These priorities include ...
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    Africa’s Infrastructure Finance
    Authors
    Mahmoud Arbouch
    Otaviano Canuto
    Miguel Vazquez
    October 2, 2020
    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 ...
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    Groupe de travail 3 : investissement et financement des infrastructures Le financement des infrastructures en Afrique
    Authors
    Mahmoud Arbouch
    Otaviano Canuto
    Miguel Vazquez
    October 2, 2020
    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, ...
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    Intégration monétaire en Afrique de l'Ouest : histoire, théorie, politique
    Authors
    Youssef El Jai
    September 15, 2020
    Avant l'ère coloniale, l'émission d'argent en Afrique de l'Ouest dépendait de la traite des esclaves. Avec l'avènement du régime colonial, les pièces d'argent ont été importées puis progressivement imposées comme outil de coercition. La trajectoire postcoloniale a été différente pour les anciennes colonies britanniques et françaises. Alors que les premières ont retrouvé leur souveraineté monétaire, les secondes ont conservé une union monétaire sous l’égide de la France. La propositi ...
  • L’urbanisme numérique au Maroc tiendra-t-il ses promesses ?
    Authors
    Mostafa Kheireddine
    September 4, 2020
    L’action publique urbaine dans le monde connait une métamorphose grâce à la montée en puissance du numérique dans la production et la gestion de la ville. Si le Maroc a franchi des étapes importantes dans la dématérialisation de certains services publics (impôts, cadastre, marchés publics, etc.), en revanche, d’autres secteurs peinent à suivre la même voie au moment où l’actuelle crise sanitaire de la Covid-19  vient rappeler l’urgence de la structuration de l’écosystème digital et ...
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    The national automotive industry faced with the Covid-19: Should we be worried about the impact on the current account?
    Authors
    Abdelaaziz Ait Ali
    September 2, 2020
    The year 2020 is one of the most difficult years for the global automotive industry. The pandemic first appeared in a region of China known for its developed automotive sector. Initially, it was the South Asian manufacturers who first felt the impact of the shutdown in China before the pandemic shifted to Europe and the United States and before the disruption of value chains took on a global dimension. In Morocco, the sector has not remained immune to this turbulent context and its ...
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    Will ECOWAS Benefit from Being Transformed into a « Confederation of States »?
    Authors
    Alioune Sall
    Moubarack Lo
    August 17, 2020
    The transformation of the Economic Community of Western African States (ECOWAS) into a « Confederation of States » is sometimes considered, including by the Heads of State of the Community, as a natural next step in the process of deeper integration in West Africa. The purpose of this study is to explore its feasibility and relevance, based on the experience of other continents. A confederation of states can be defined as an association of sovereign states which, by means of an int ...
  • Regional economic impact of COVID-19 in Colombia: An input–output approach
    Authors
    Eduardo Amaral Haddad
    Jaime Bonet-Morón
    Diana Ricciulli-Marín
    Gerson Javier Pérez-Valbuena
    Luis Armando Galvis-Aponte
    Inácio F. Araújo
    Fernando S. Perobelli
    July 29, 2020
    The aim of this paper is to assess the regional economic impact of the lockdown measures ordered by the national government to prevent the spread of COVID-19. Using an input–output model, we estimate the economic loss of extracting groups of formal and informal workers from different economic sectors. Results show monthly economic losses that represent between 0.5% and 6.1% of national GDP, depending on the scenario considered. Accommodation and food services, real estate, administr ...
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    What Can Trade Tell Us About Economic Transformation? Composition of Trade and Structural Transformation in African Countries
    Authors
    Mina Baliamoune
    Abdoul‘ Ganiou Mijiyawa
    July 15, 2020
    We explore the effects of exporting manufactures, primary commodities, and food and agricultural products, and we examine the impact of importing capital and semi-capital goods, on structural transformation in a group of 21 sub-Saharan African countries that were covered by the inaugural African Transformation Report (ACET, 2014). The empirical results suggest that the import of capital and semi-capital goods can be a good predictor of structural transformation, while concentration ...
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    La CEDEAO gagnerait-elle à être transformée en « Confédération d’États » ?
    Authors
    Alioune Sall
    Moubarack Lo
    July 2, 2020
    La transformation de la Communauté Economique des Etats de l’Afrique de l’Ouest (CEDEAO) en « confédération d’Etats » est parfois évoquée, y compris au niveau des Chefs d’Etat de la Communauté, comme une prochaine étape naturelle du processus d’approfondissement de l’intégration en Afrique de l’Ouest. La présente étude a pour objet d’en explorer la faisabilité et la pertinence, en se fondant sur l’expérience vécue dans d’autres continents. Une Confédération d’Etats peut être défini ...
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    Le transport aérien et le tourisme frappés de plein fouet par la crise de la Covid-19
    Authors
    Oumnia Boutaleb
    June 16, 2020
    La nature indispensable du transport aérien dans la conduite de la diplomatie et des affaires, la croissance de l’économie et le développement du commerce, fait que ce secteur est aujourd’hui sous le feu des projecteurs. Bien que ce ne soit pas la première crise traversée par le secteur aérien, elle reste sans conteste celle qui a engendré le plus de dégâts en un laps de temps relativement court. Il est vrai que les industries de l’aérien et du tourisme ont toutes deux déjà été mise ...
  • Quelle stratégie industrielle pour le Maroc de demain ?
    June 10, 2020
    Quelle stratégie industrielle pour le Maroc de demain ? Une discussion organisée en partenariat avec EGE Alumni. Intervenants : • M. Mohamed Bachiri, Directeur Général de Somaca, Vice-Président de la CGEM et Président de la Commission Innovation et Développement Industriel ; • M. Uri Da...
  • Jeunesse et Covid-19 : Les défis de l’emploi en Afrique du Nord
    June 4, 2020
    Jeunesse et Covid-19 : Les défis de l’emploi en Afrique du Nord (Langue : Français) Le Policy Center for the New South, en partenariat avec le Fonds Monétaire International (FMI), organise un webinaire sous le thème « Jeunesse et Covid-19 : les défis de l’emploi en Afrique du Nord », et...
  • Les Mardis du PCNS 02/06/2020 : نقاش عبر الويب: دور وسائل التكنولوجيا الحديثة في ظل أزمة كورونا
    June 2, 2020
    بعد تفشي فيروس كورونا المستجد في جل مناطق العالم، اختلفت طرق التصدي له من دولة إلى أخرى. حيث اعتمدت الدول قرارات متفاوتة من حيث الصرامة في ظل الحد من تفشي هذا الوباء. وفي نفس الصدد، اتُخذت عدة قرارات لدعم المواطنين لكي يتاح لهم المرور من هذه الأزمة بأقل الأضرار الممكنة حيث تم الاعتماد ب...
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    استراتيجية المغرب في مواجهة كوفيد 19
    Authors
    Abdelaaziz Ait Ali
    Abdelhak Bassou
    Mhammed Dryef
    Karim El Aynaoui
    Rachid El Houdaigui
    Youssef El Jai
    Faiçal Hossaini
    Larabi Jaïdi
    Mohammed Loulichki
    El Mostafa Rezrazi
    Abdallah Saaf
    June 1, 2020
    تدور خطة العمل التي تم وضعها في مواجهة جائحة كوفيد 19 حول ثلاثة محاور: الصحة والاقتصاد والنظام الاجتماعي. وفي كل مجال من هذه المجالات، ساعدت مبادرات المؤسسات العامة والقطاع الخاص وأعضاء المجتمع المدني حتى الآن على الحد من أضرار الوباء على الصعيد الصحي، تسعى الجهود المبذولة إلى التحكم في انتشار المرض من أجل ضمان احتواء المنظومة الصحية لتدفق الحالات بشكل أفضل، خصوصا بالنظر إلى الموارد المحدودة والموزعة بشكل متفاوت على مستوى التراب الوطني. وقد تم إعطاء الأولوية في هذا السياق إلى الزيا ...
  • كيف يهدد الذكاء الاصطناعي الديمقراطيات؟
    Authors
    منى فياض
    May 21, 2020
    تم نشر هذا المقال في الأصل على موقع قناة الحرة طرح هذا الكتاب باكرا مواضيع النقاش المثارة حاليا، إثر اجتياح فيروس كورونا العالم، ودور الصين في التسبب به. أثارت الصين إعجاب كثيرين بفيديوهاتها وحركاتها التسويقية لتعاملها مع الوباء، من الروبوت الذي يحمل الوجبات للمحجورين، إلى قدرتها في السيطرة عليه ومساعدتها لإيطاليا في محنتها ولغيرها من البلدان فكرة الكتاب التي جمعت بين متخصص في الذكاء الاصطناعي وسياسي مهتم بالعلوم، جاءت كنوع من تحذير حول خطورة الوضع بانتظار الكارثة المقبلة التي ست ...
  • الصين واستغلال الذكاء الاصطناعي للهيمنة
    Authors
    منى فياض
    May 21, 2020
    تم نشر هذا المقال في الأصل على موقع قناة الحرة يقول یووال نوح هراري إن نمو الذكاء الاصطناعي والتقنيات البيولوجية قد يؤدي إلى إنتاج طبقة من "رجال متفوقين" يحكمون العالم ويحولون باقي البشر إلى "طبقة غير نافعة" (كتاب 21 مسألة للقرن الـ 21). كما تنبأ بأن التقدم العلمي سوف يولد لامساواة غير مسبوقة في التاريخ داخل المجتمعات، لكن أيضا بين الأمم. سوف تزداد الهوة بين البلدان الصناعية التي تسيطر على التكنولوجيا وتلك المحرومة منها، بل سوف لن تردم لاحقا. لاحقا، جاء تصريح الرئيس الروسي فلاديم ...
  • Does the Brazilian policy for oil revenues distribution foster investment in human capital?
    Authors
    Otaviano Canuto
    May 21, 2020
    Our senior fellow, Otaviano Canuto, has contributed to Science Direct academic Journal, with a research paper entitled « Does the Brazilian policy for oil revenues distribution foster investment in human capital? », Volume 88, May 2020, 104760. This paper assesses the effect of oil revenues on health and education indicators (measures for human capital) in the Brazilian municipalities using exogenous oil price variations. The Oil Law of 1997, apart from to hugely increase the amoun ...
  • International Development and the Private Sector in the Coronavirus Outbreak
    Authors
    Adil El Madani
    May 20, 2020
    Despite the global magnitude of the COVID-19 crisis, the response to the pandemic has mainly occurred at national level, with very poor global coordination so far. For Africa, which will provide one in four of the world’s consumers by 2050, coming out of the crisis will cost at least $100 billion. The average ratio of public revenue to GDP in African countries is only 19%, and the debt burden already absorbs 22% of that revenue, giving many African governments limited scope compared ...
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    La Stratégie Du Maroc Face Au Covid-19
    Authors
    Abdelaaziz Ait Ali
    Abdelhak Bassou
    Mhammed Dryef
    Karim El Aynaoui
    Rachid El Houdaigui
    Youssef El Jai
    Faiçal Hossaini
    Larabi Jaïdi
    Mohammed Loulichki
    El Mostafa Rezrazi
    Abdallah Saaf
    April 30, 2020
    Face à la pandémie du COVID-19, un plan d’action a été établi autour de trois axes : santé, économie et ordre social. Dans chacun de ces champs, le concours des institutions publiques, du secteur privé et des membres de la société civile a permis jusque-là de limiter les dégâts et d’avoir un certain contrôle sur la pandémie. Sur le plan sanitaire, l’intervention vise une maîtrise de la progression de la maladie pour une meilleure absorption des flux par le système de santé, aux moy ...
  • De l’intérêt d’une coopération avancée entre la Maroc et la CEDEAO à l’heure de la guerre contre la pandémie du Coronavirus
    Authors
    Jamal Machrouh
    April 30, 2020
    La Communauté économique des Etats de l’Afrique de l’Ouest (CEDEAO) est souvent présentée comme étant le système d’intégration régionale le plus dynamique du continent africain. Les Conférences des chefs d’Etat et de Gouvernement y sont régulières, les citoyens de la Communauté disposent d’un passeport commun et les discussions sur une monnaie unique sont à l’ordre du jour. Néanmoins, le modèle de la CEDEAO souffre de deux paradoxes majeurs. Les paradoxes africains Le premier pa ...
  • The Impact of COVID-19 on Tourism
    Authors
    Paola Maniga
    April 29, 2020
    Tourism is considered one of the hardest hits by the COVID-19 outbreak. The sector is experiencing a rapid and sharp drop in demand and a surge in job losses at global level, putting many SMEs at risk. Despite tourism’s proven resilience in responses to other crisis, the depth and breadth of the current pandemic will likely have a longer lasting effect on international tourism compared to other industries, more likely to recover once major restrictions will be lifted. This is also d ...
  • Le Maroc post-Covid-19 : croquer la mondialisation à pleines dents
    Authors
    Youssef El Jai
    April 28, 2020
    Dans le combat contre la pandémie du Covid-19, le Maroc a choisi de fermer ses frontières aériennes, maritimes et terrestres pour contenir la propagation du virus. En décrétant, par la suite, un confinement strict, les autorités actaient l’arrêt partiel de l’économie, avec la mise en place de mesures d’aide en faveur des catégories précaires et des entreprises rencontrant des difficultés sous la houlette du Comité de Veille économique (CVE). Le ralentissement de l’économie a conduit ...
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    Globalization and the Covid-19 Pandemic: How is Africa’s Economy Impacted?
    Authors
    Seleman Yusuph Kitenge
    April 24, 2020
    Globalization has major linkages to the spread of diseases. This paper analyses the link between globalization and the COVID-19 pandemic and provides an overview of how Africa’s economy is being impacted by this new disease. It highlights the impacts on GDP growth and economic sectors. It provides recommendations of what should be done by African governments to address the problem. It concludes by calling on African governments to consider the socio-economic circumstances of their p ...
  • How to help small and medium enterprises during the Coronavirus tsunami of destruction
    Authors
    Francisco Cordoba Otalora
    April 21, 2020
    We are entering an economic cycle with a changing nature of consumption focusing on necessities. It seems like the times of luxury, entertainment and vacations are over, at least until the discovery of a vaccine for COVID-19. The unfolding of the health crisis that we have been witnessing in Italy, Spain and other advanced economies will not be as severe as the economic crisis that the Coronavirus will unleash. The International Monetary Fund has been warning us that the financial ...
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    The Grand Tour: Keynes and Goodwin go to Greece
    Authors
    Eduardo Amaral Haddad
    Natalia Cotarelli
    Thiago Cavalcante Simonato
    Vinicius Almeida Vale
    Jaqueline Coelho Visentin
    April 18, 2020
    The impact of the crisis in the Greek economy was not uniform among the regions, threatening socioeconomic cohesion. In this paper, we explore the concept of the income multiplier in a multi-regional input–output setting, in the context of the Greek recession, showing empirical evidence for the increasing magnitude of the multiplier during the recession period. The main results reveal a complex system of interregional relations on some of whose structural characteristics the cyclica ...
  • COVID-19 and Government Policies
    Authors
    Hinh T. Dinh
    April 17, 2020
    The COVID-19 pandemic threatens to wreak more havoc in developing countries than in developed countries, because of the crumbling healthcare systems and infrastructures in the former, their inadequate budgetary resources, shallow financial systems, and weak government authority and capability. This impact has not yet shown up in cross-country data, possibly reflecting extensive under-reporting and/or less testing for COVID-19 done in developing countries. Policymakers in these count ...
  • Nos systèmes économiques face au COVID-19 : Faiblesses et opportunités
    Authors
    Meriem Oudmane
    Hamza Saoudi
    April 16, 2020
    La crise sanitaire du Covid-19 a montré plusieurs fragilités et limites du système économique mondial. En plus de son impact très négatif sur l’économie, cette crise a des impacts sociaux très inégaux et qui varient d’une couche sociale à une autre. Elle a un impact dévastateur sur les ménages pauvres qui n’ont pas suffisamment d’épargne et de ressources financières et ceux ayant des emplois vulnérables[1]. Si le télétravail est une option pour certains, ce n’est pas le cas pour plu ...
  • Ne laissons pas l’Afrique seule face au coronavirus
    Authors
    Yonas Adeto
    Karim El Aynaoui
    Thomas Gomart
    Paolo Magri
    Greg Mills
    Karin Von Hippel
    Guntram Wolff
    April 9, 2020
    Alors que le coronavirus se propage à travers le monde, la capacité d’atténuer son impact est liée aux ressources disponibles et à l’efficacité des autorités publiques. Voilà pourquoi il nous paraît primordial que les dirigeants internationaux se concentrent sur les conséquences de la pandémie sur les plus vulnérables, en particulier en Afrique. Il y a trois mois, le 31 décembre, les autorités chinoises informaient le bureau de Pékin de l’Organisation mondiale de la santé (OMS) d’u ...
  • L’état face à la crise du Covid-19
    April 7, 2020
    Au-delà de la gestion immédiate de la crise, qui concentre légitimement l’attention à ce jour, l’enjeu actuel consiste également de mener des réflexions sur les politiques publiques, économiques et sociales que les pays devront mettre en place comme stratégies pour remettre à niveau leu...
  • Artificial Intelligence and the Rule of War
    Authors
    Helmut Sorge
    April 3, 2020
    His delicate, almost floating touches created a hitherto unseen aesthetic perfection: the enigmatic face the Mona Lisa. The mysterious woman, captured on a panel of poplar wood, is the work of a genius, possibly one of the greatest minds in human history: Leonardo da Vinci. But Da Vinci also had another obsession: the art of war. In a letter to the court of Ludovico Sforza, then ruler of Milan, the celebrated maestro wrote, “I will make covered vehicles, safe and unassailable which ...
  • Manufacturing and Investment Shaping Africa
    Authors
    Amanda O. Mathe
    April 3, 2020
    The Mara Group, producer of the Mara smartphone, has set up manufacturing facilities in two key strategic countries, Rwanda and South Africa, with a total estimated investment of $100 million. On the back of political shifts in South Africa, President Cyril Ramaphosa embarked on an investment drive, announced in his state of the nation address in 2018. This was followed up with an investment conference, at which Ashish Thakkar, CEO of Mara Group, announced a $100 million investment ...
  • Can Poverty be Reduced ? High Impact Measures to Combat Poverty and Inequality
    Authors
    Carolina Zuheill Rosales
    April 1, 2020
    The Multidimensional Poverty Index provided for the UNDP (United Nations Developed Program) looks beyond monetary income and shows how poverty is the experience of multiple and simultaneous deprivations. People can fall behind in terms of health, education, and living standards, with challenges including lack of access to drinking water, sanitation, adequate nutrition, or primary education. Those who are deprived of at least one third of the index’s components are classified as mult ...
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    Un Indice de Compétitivité Structurelle des pays en développement
    Authors
    Moubarack Lo
    Amaye Sy
    March 27, 2020
    L’objet de ce Papier est de proposer un indice qui synthétise et suit le niveau de compétitivité structurelle et d’attractivité des pays en développement pour l’atteinte de l’émergence économique. Il s’inscrit dans le cadre conceptuel de l’émergence pris au sens large retenu dans l’ouvrage « l’émergence économique des nations: définition et mesure » de Moubarack LO (2017). L’Indice de Compétitivité Structurelle (ICS) vise à proposer une mesure synthétique unique de tous les leviers ...
  • Le cyberespace africain : un état des lieux
    Authors
    Redouan Najah
    March 19, 2020
    L’usage des technologies d’information et de communication et l’intégration des pays africains dans le cyberespace figurent parmi les Objectifs de Développement Durable (ODD) de l’Union Africaine. Cette intégration est de plus en plus observable dans divers secteurs d’activité : (infrastructures numériques, banques, assurances, éducation, commerce, etc.). En Afrique, la course aux technologies et aux services numériques suscite des questions majeures, non seulement sur la place du c ...
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    Abhijit Banerjee, Esther Duflo et Michael Kremer L'Economie du développement gagne ses lettres de noblesse
    Authors
    Henri-Louis Vedie
    February 21, 2020
    En distinguant trois économistes reconnu(e)s pour leurs travaux sur l'approche de la pauvreté, les Nobel 2019 ont redonné ses lettres de noblesse à l'économie du développement. Mais, cette nomination c'est aussi la validation d'une méthode d'analyse, jusqu'alors essentiellement utilisée en médecine, méthode d'expérimentation aléatoire, encore appelée randomisation. C'est, donc, un nouveau tournant que prend la recherche économique, celui d'une démarche empirique commencée il y a une ...
  • Climate Change: Three Reasons for Central Banks to Engage
    Authors
    Otaviano Canuto
    February 17, 2020
    - There are three possible justifications for central banks to engage with climate change issues: financial risks, macroeconomic impacts, and mitigation/adaptation policies. - Regardless of the extent to which individual central banks take action in each of the three areas, they can no longer ignore climate change. Last year, extreme weather events associated with climate change – floods, violent storms, droughts, and forest fires –occurred on all inhabited continents. In at least ...
  • The Case for Regional Policy: Design and Evaluation
    Authors
    Eduardo Amaral Haddad
    Carlos R. Azzoni
    February 15, 2020
    Is regional policy necessary? If so, under what circumstances? The first part of the chapter discusses the rationale behind the existence of (or the need for) regional policies in general. Cases in which excessive concentration or inequality hinders national economic growth are natural candidates for regional policies. If concentration and inequality favor national growth and competitiveness, regional interventions call for a different sort of argument, such as national unity or coh ...
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    L’AERONAUTIQUE AU MAROC Histoire d’un succès inattendu
    Authors
    Alfredo Da Gama e Abreu Valladão
    February 14, 2020
    L’écosystème aéronautique marocain représente l’un des plus beaux cas de réussite industrielle dans un pays en développement. Bien sûr, le Maroc ne produit pas d’avions. Le marché mondial de l’aviation est dominé par un duopole constitué de l’Américain Boeing et de l’Européen Airbus. Une suprématie écrasante, renforcée encore récemment par l’acquisition des divisions commerciales des deux derniers concurrents significatifs dans le domaine des monocouloirs courts courriers : le Canad ...
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    Uneven Integration: The Case of Angola
    Authors
    Eduardo Amaral Haddad
    Fernando S. PEROBELLI
    Inácio F. ARAÚJO
    Tomás P. DENTINHO
    February 13, 2020
    Angola’s prospects for reconstruction and development of its poor connectivity infrastructure are heavily dependent upon the export performance of its oil sector. Using an interregional input-output table for Angola, we estimate comprehensive measures of trade in value added revealing different hierarchies of interregional and international trade integration, with implications for regional inequality in the country. By encompassing the subnational perspective in the case study of an ...
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    Bridging the Digital Divide with upskilling strategies which unlock an expert IoT workforce: A way forward for AUDA-NEPAD
    Authors
    Seleman Yusuph Kitenge
    February 12, 2020
    The internet of Things as a disruptive technology of the day and trend brings in a huge sense of connectivity and interaction not only between objects or devices, but also the workforce within institutions to amplify efficiency and productivity. This paper provides insights and perspectives of how institutions can bridge the digital divide with upskilling strategies which unlock an expert IoT workforce. Particularly, it focuses on AUDA – NEPAD scope of work areas such as Economic In ...
  • Morocco’s Growth & Employment Prospects: Public Policies to Avoid the Middle-Income Trap
    Authors
    Emmanuel Pinto Moreira
    February 10, 2020
    This book studies Morocco’s growth and employment prospects in the context of a new growth model aimed at avoiding a middle-income trap, in a rapidly changing international environment marked by increased competition from low-wage economies and growing automation of low-skilled jobs. Chapter 1 discusses the changing nature of the international environment facing Morocco and provides the rationale for changing the country’s growth model. Chapter 2 reviews the growth model that Morocc ...
  • World Trading System under Stress: Scenarios for the Future
    Authors
    Mehmet Sait Akman
    Uri Dadush
    Shiro Armstrong
    Anabel Gonzalez
    Fukunari Kimura
    Junji Nakagawa
    Peter Rashish
    Akihiko Tamura
    Carlos A. Primo Braga
    February 9, 2020
    In the context of his role as chair of the T20 task force « Trade, Investment and Globalization », our senior fellow, Uri Dadush has led the T20 brief under the theme "World Trading System Under Stress: Scenarios for the Future", which has been published in Global Policy. The world trading system has been remarkably successful in many respects but is now under great strain. The causes are deep‐seated and require a strategic response. The future of the system depends critically on r ...
  • Artificial Intelligence, The Global South Looking For A Place in The World New Order
    Authors
    Amilcar Romero
    February 9, 2020
    As founder & president at the Ankawa International – The Ankawa Global Group, I had the privilege to represent twice, in the field of new technologies, my organization during the last two Paris Peace Forum (2018-2019), as a leading organization from the global south (Peru). For us, these participations were important in order to showcase the kind expertise developed in our programs currently implemented for advancing social transformation, the ultimate goal of the organization, ...
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    Brazil is in dire need of more and better infrastructure investments
    Authors
    Otaviano Canuto
    January 31, 2020
    A recent Ipsos survey found the Brazilian population to be the most dissatisfied with infrastructure services (transportation, energy, water and telecommunications) among the 28 countries covered by the work. Not surprising if we observe the lack of infrastructure investments in Brazil since the 1980s. According to estimates by the economist Cláudio Frischtak, from Inter. B, while Brazil's Gross Domestic Product (GDP) doubled in real terms between 1990 and 2016, the stock of infrast ...
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    Accessibility in the regional CGE framework: the effects of major transport infrastructure investments in Poland
    Authors
    Eduardo Amaral Haddad
    Bartlomiej Rokicki
    Jonathan M. Horridge
    Marcin Stępniak
    January 4, 2020
    Since its EU accession, Poland has invested strongly in the development of fast road transport network. As a result, the total length of modern, high-speed roads has increased from around 500 km in 2005 to over 3000 km in 2015. Yet, while the positive impact of transport infrastructure investment on overall accessibility is unquestionable there are no studies that assess its influence on economic development of particular regions. This paper applies a regional dynamic CGE model to m ...
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    CEDEAO, la voie difficile vers l’Eco, la monnaie unique
    Authors
    Pierre Jacquemot
    December 26, 2019
    Depuis 2000, selon une approche et un calendrier qui ont été maintes fois modifiés, les 15 membres de la Communauté Économique des États de l’Afrique de l’Ouest (CEDEAO) ont exprimé leur volonté d’accélérer le processus d’intégration monétaire dans la région. Le récent débat autour de la Zone franc et sa réforme, désormais décidée avec la France, mais également l’enthousiasme manifesté autour de la création de la Zone de libre-échange continentale (ZLEAf) formellement créée le 30 ma ...
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    Diagnostic Stratégique de l’émergence économique du Maroc
    Authors
    Moubarack Lo
    November 28, 2019
    Le préalable et la première démarche d’une bonne évaluation de la marche du Maroc vers l’émergence consistent à bien clarifier ce concept. C’est le seul moyen d’apprécier convenablement, à terme, si le Maroc a atteint ou non l’objectif ainsi désiré. Selon le dictionnaire Le Robert, « émerger » se dit d’un phénomène « qui s’impose à l’attention par sa valeur ». Subséquemment, on peut considérer qu’un pays, anciennement pauvre, émerge lorsqu’il suscite l’intérêt et se démarque de la m ...
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    Le Cyberespace africain : un champ aux contradictions manifestes
    Authors
    Mourad El Manir
    November 25, 2019
    Le prix du meilleur roman africain de science-fiction au titre de l’année 2017 a été remporté par Tade Thompson pour son livre intitulé “Rosewater” qui aborde la lutte contre les cyber-fraudes au Nigéria en 2066. Cette référence à un roman de science-fiction n’est pas fortuite dans la mesure où le mot “cyberespace”, inspiré du mot “cybernétique”, fut utilisé, pour la première fois, en 1984, par l’auteur de romans de science-fiction William Gibson, pour désigner “Une hallucination co ...
  • Les 3D : et si le triangle était compatible ?
    Authors
    November 22, 2019
    Le rêve d’un monde en développement qui voit ses inégalités se réduire, la condition de vie de ses populations s’améliorer significativement, tout en profitant du bonheur procuré par une population jeune, reste à portée de main. Les macro-économistes ne diront certainement pas le contraire quand on soutient que la plus grande invention de Robert Mundell a sans doute été l’idée du triangle d’incompatibilité. Le concept de Mundell consiste en l’impossibilité de voir coexister de faço ...
  • EMBRAER and the trajectory of Brazil’s aeronautics industry ecosystem
    Authors
    Pedro da Motta Veiga
    November 14, 2019
    Created as a State-owned company in the late 1960s, Embraer was privatized in the mid- 1990s and became the main Brazilian company producing and exporting high-technology goods. The company diversified its operations within the aircraft business and added to its portfolio goods and services associated to its core activities. ...
  • Bringing industry 4.0 to everyone? Hold that thought…
    Authors
    Morten Seja
    November 1, 2019
    The author is an alumnus of the Atlantic Dialogues Emeging Leaders Program 2014. The discussion on industry 4.0 (also often referred to as smart manufacturing or industrial internet of things – which is the term mostly used in the United States of America) has graduated from being a niche topic discussed (and implemented) by engineers in the world’s richest economies. If industry 4.0 has not physically arrived everywhere, it is at least in the minds of some: industry 4.0 in Africa, ...
  • Annual Report on African Economies 2019
    Authors
    Under the Supervision of
    Larabi Jaïdi
    October 2, 2019
    Africa is an economic region which holds great potential despite the risks associated with its development. Indeed, many experts agree that Africa is emerging as the new frontier for global growth. Boosted by its abundant natural resources, a young and vibrant population, strong urbanization, more stable macroeconomic conditions, more stringent economic policies, a constantly improving business climate and improving governance, Africa is on track for a structural transformation that ...
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    Taux de Change Fixe / Taux de Change Flottant Le cas du Maroc
    Authors
    Henri-Louis Vedie
    September 24, 2019
    En pleine transition ordonnée de son régime de change, sous l'autorité bienveillante du Fonds monétaire international (FMI), le Royaume du Maroc est un exemple très concret des avantages et des inconvénients des deux régimes de change dominants ces dernières décennies/change fixe et change flottant /. L’objet de cette note est de rappeler, tout d'abord, les fondamentaux économiques des deux systèmes et leur environnement historique (I). Ensuite, à la lumière de ces fondamentaux, pré ...
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    Vers une stratégie économique basée sur l’amélioration de la productivité
    Authors
    Elhadj EZZAHID
    July 19, 2019
    Les recherches sur les sources de croissance de long terme des économies montrent qu’elle dépend plus de la croissance de la productivité que de la croissance des volumes des inputs accumulés. Au Maroc, les résultats disponibles fournissent des évidences sur le rythme très lent de la croissance de la productivité mesurée par la PTF ou le rapport production-travail. Des simulations montrent que seule une augmentation de la PTF permettra d’atteindre une croissance suffisamment élevée. ...
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    The Entrepreneurial South African State: An analysis of current government action to stimulate innovation and recommendations for future policy and initiatives
    Authors
    Sandiso Sibisi
    July 17, 2019
    Despite considerable effort from the South African government to drive innovation, the investments to date have not reaped the fruits expected by both government and the private sector. I believe that if we are to realise ‘the new dawn’ in economic growth and transformation the state needs to reorganise itself to be an ‘entrepreneurial state’. This paper will proceed firstly by outlining current government action to support innovation, followed by a summary of the overarching recomm ...
  • La ZLECAF : c’est (presque) parti !
    Authors
    Mouhamadou Moustapha Ly
    Bertrand BIO-MAMA
    July 11, 2019
    The co-author, Bertrand Bio-Mama, is an alumnus of the Emerging Leaders Program 2017. Les échanges commerciaux ont, depuis des siècles, été au cœur des enjeux économiques à travers le monde. L’histoire nous apprend, par exemple, qu’au XVIIIème siècle, la recherche de nouveaux marchés avait poussé l’Europe à aller à la conquête du monde. En effet, les échanges commerciaux représentent un instrument important, voire vital, pour la croissance de l’économie et le progrès social. De nos ...
  • Cinq grandes tendances dans une Afrique en mutation
    Authors
    Sabine Cessou
    May 17, 2019
    Sur quelles contraintes faut-il anticiper lorsqu’on évoque la croissance de l’Afrique? Comment guider les décideurs politiques dans les priorités à définir pour piloter l’économie et arriver à bon port dans le monde qui vient? Le séminaire organisé le 11 avril à Paris par le PCNS et le Centre de développement de l’OCDE a apporté des éléments de réponse. La discussion s’est ouverte en prenant appui sur le rapport de référence publié en 2018 par l’Union africaine et l’OCDE sur les “D ...
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    African Valleys and the Geopolitics of Innovation: Reality, Potential and Challenges
    Authors
    Bouchra Rahmouni
    April 30, 2019
    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 ...
  • Why Blockchain Technology is Empowering Women
    Authors
    Ghita El Kasri
    April 25, 2019
    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 ...
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    South Africa’s Economic Slowdown and Its Policy Options
    Authors
    Mouhamadou Moustapha Ly
    April 18, 2019
    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 ...
  • Empowering Africa. Access to Power in the African Continent
    Authors
    Lorenzo Colantoni
    Giuseppe Montesano
    Nicolò Sartori
    April 12, 2019
    Access to electricity is a key factor for the future of the African continent. Energy poverty and lack of universal access to electricity services are, in fact, remarkably hurting human progress in Africa. Today, sub-Saharan Africa hosts 14 percent of the world’s population but 60 percent of the world’s people without access to electricity: of the more than 1 billion people globally who had no access to electricity, around 600 million lived in the region. In these conditions, many A ...
  • How Chinese Investment in Latin America Is Changing
    Authors
    Otaviano Canuto
    March 14, 2019
    China's push for Latin American consumers reflects changes back home. Chinese financing in Latin America is changing. After becoming a major source of capital flows to Latin America and the Caribbean over the past 15 years, a more diverse range of investors has surfaced, interested in channeling resources towards infrastructure, governments and state companies. The profile of the Chinese investment in the region tracks the evolution of China’s economy as it moves toward a higher r ...
  • Can Public and Private Partnerships Bridge the Gap in Infrastructure Investments? The Case of Developing Asia
    Authors
    Rim Berahab
    March 7, 2019
    A well-functioning modern infrastructure is essential for social and economic development. It has the power to change the quality of life of populations as well as the prospects of businesses. Despite developing Asia’s remarkable economic performances since the 1980s, the region still faces important difficulties in delivering adequate infrastructure services. “Over 400 million Asians do not have electricity access; 300 million live without safe drinking water and 1.5 billion withou ...
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    L’évaluation d’impact pour l’efficacité des politiques de développement en Afrique
    Authors
    Mouhamadou Moustapha Ly
    Bertrand Bio Mama
    Onasis Tharcisse A. Guèdègbé
    March 6, 2019
    L’évaluation d’impact des projets et programmes de développement est un exercice qui est de plus en plus adopté dans les pays en développement notamment ceux d’Afrique subsaharienne. Entre autres facteurs explicatifs, il y a la rareté des ressources allouées au développement mais aussi la nécessité de mieux connaître les contraintes structurelles au développement. Saisissant l’occasion de la première conférence de West Africa Capacity building and Impact Evaluation Program (WACIE-3i ...
  • Les trajectoires incertaines de l'industrialisation en Afrique
    Authors
    Afrique Contemporaine
    Karim El Aynaoui
    February 28, 2019
    Dans son édition n°266, la revue scientifique Afrique Contemporaine consacre son Dossier à la question de l’industrialisation en Afrique. D’après la Rédaction de la publication, le choix de la thématique s’imposait d’autant plus que « la recomposition de l’ordre mondial repose la question de la place du continent à l’échelle planétaire, en l’occurrence sur le plan économique, social et environnemental tout à la fois. » Outre la coordination du Dossier, Dr. Karim Et Aynaoui, Préside ...
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    La transformation structurelle au Maroc et Chaînes de Valeurs Mondiales : Une vulgarisation du débat
    Authors
    Abdelaaziz Ait Ali
    Yassine Msadfa
    February 25, 2019
    La transformation structurelle d’une économie demeure un point de passage nécessaire pour toute nation qui souhaite gravir les échelons du développement, cette transformation est souvent tributaire de la capacité d’une économie à s’ériger d’une société agraire de subsistance, dans son stade initial, vers une économie de productivité. Pour ce qui est du Maroc, le débat a pris de l’ampleur quant à la capacité des dynamiques actuelles à accélérer le rythme de l’activité économique au p ...
  • Why Brazil Must Build a (Fiscal) Wall
    Authors
    Otaviano Canuto
    January 31, 2019
    Without reforms, financial markets’ optimism may crumble – and bring the house down. Judging by the reaction of financial markets, the Brazilian economy started the year at high speed. The real is among the world’s best-performing currencies so far in 2019 and the main stock market index Ibovespa hit a string of record highs leading into last week, when it broke the 97,000-point mark. Future interest rates have fallen sharply.  Foreign investors are buying in as well. The premium ...
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    It’s evolution, baby – how institutions can improve without critical junctures
    Authors
    Otaviano Canuto
    Tiago Ribeiro dos Santos
    December 3, 2018
    Daron Acemoglu and James Robinson caught policymaker’s attention to the critical role of institutions for development. Their work gives too much emphasis to the prospects of revolution, however. A reading of the World Bank’s World Development Report of 2017 points to directions that all actors involved in the process, whether domestic or international, elite or non-elite, can take to improve societies. ...
  • L’avenir du travail : quel effet d’une automatisation accrue ?
    Authors
    Yassine Msadfa
    November 5, 2018
    Il y a une dizaine d’années, le nombre et la complexité des taches que pouvaient effectuer les robots semblaient encore limités. Aujourd’hui, certains robots, munis d’une intelligence artificielle développée, réussissent à apprendre et à exceller dans des jeux de stratégie assez complexes, comme les échecs ou le jeu de GO. Le développement de la robotique, de l’intelligence artificielle et de l’automatisation, en général, s’est fait de façon relativement rapide, incitant plusieurs e ...
  • L’Union africaine face à de nouveaux défis
    Authors
    Sabine Cessou
    October 10, 2018
    La seconde thématique des Dialogues stratégiques, dont la 6ème édition s’est tenue le 4 octobre 2018 à Paris, a porté sur les réformes en cours au sein de l’organisation panafricaine. La rencontre est d’abord revenue sur le contexte global dans lequel opère l’Union africaine (UA). La géopolitique en Afrique n’est pas seulement menée par les ex-puissances coloniales et la Chine, mais bien par les pays africains eux-mêmes, a ainsi rappelé l’ancien ministre français des Affaires étran ...
  • Energy in Africa: Challenges and Opportunities
    Authors
    Manfred Hafner
    Simone Tagliapietra
    Lucia de Strasser
    October 4, 2018
    This blog post summarizes the key findings of the new book Energy in Africa: Challenges and Opportunities, co-authored by Manfred Hafner, Simone Tagliapietra and Lucia de Strasser of the Italian think-tank, Fondazione Eni Enrico Mattei. The book, published by Springer, is freely available online. The book presents a picture of the current energy challenges on the African continent- the Sub-Saharan region in particular- and proposes pathways to an accelerated energy transition. Begi ...
  • Infrastructure: Can Africa learn from Morocco?
    Authors
    Uri Dadush
    September 21, 2018
    This blog is based on remarks delivered at the Think-Tank Summit in Buenos Aires on 18 September 2018 held under the G-20’s Argentine Presidency.  Africa has an enormous infrastructure gap that impedes its development. The Compact with Africa (CwA) is an international policy initiative sponsored under the German presidency of the G-20 in 2017 designed to bridge that gap. Intended to draw in the private sector in developing Africa’s infrastructure through a combination of Private-Pu ...
  • AGRF 2018 : Leadership et évaluation permanente des politiques publiques, gages de la transformation de l’agriculture africaine
    Authors
    Mouhamadou Moustapha Ly
    Tharcisse Guedegbe
    September 19, 2018
    La ville de Kigali, au Rwanda, a accueilli du 5 au 8 septembre 2018 le forum de l’AGRA, devenant ainsi la capitale de l’agriculture africaine pendant ces quatre journées. Délégations gouvernementales, partenaires techniques et financiers, chercheurs, universitaires, investisseurs, producteurs, club de réflexion, entre autres, étaient en conclave pour faire l’état des lieux du secteur et mesurer les progrès accomplis sur la route de la transformation de l’agriculture africaine.  A t ...
  • Is Digitalization the Future of Energy in Africa?
    Authors
    Rim Berahab
    September 5, 2018
    As the world is shifting away from conventional fossil fuels towards renewable energy sources, the power industry is starting to invest more in sustainable clean energy installations rather than the traditional large-scale infrastructures, which rely mainly on oil and coal.  Besides its environmental benefits, this shift to renewables is very likely to benefit economic growth as well. A recent study of the International Renewable Energy Agency shows that, indeed, doubling the share ...
  • Food Security in Morocco and India: Different Challenges for Joint Answers?
    Authors
    Ihssane Guennoun
    August 1, 2018
    “This article has been originally published in 'Morocco in Focus 2018,' the magazine of the Moroccan Embassy in New Delhi, India on the occasion of the Morocco National Day 2018.” Introduction In an article published last year, the author stressed the role of partnership between Morocco and India for the inclusive growth of small farmers. There is no doubt that agriculture remains a major instrument for human development both in India and in Africa. Several international reports h ...
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    Le retour de l’ajustement : la crise des pays pétroliers d’Afrique centrale. Gabon et Congo-Brazzaville
    Authors
    François Gaulme
    July 20, 2018
    Cette note vise à mettre en lumière le cycle d’ajustement à la fois financier, économique et politique affectant deux pétro-États d’Afrique centrale, le Gabon et la République du Congo (Congo-Brazzaville). Unis par leur système économique de rente et leur histoire coloniale commune, ces deux pays n’en ont pas moins connu des destins politiques différents après leur indépendance, le premier conservant une relation privilégiée avec la France tandis que le second optait rapidement pour ...
  • Le Partenariat Afrique-Europe en quête de sens
    Authors
    Larabi Jaïdi
    Iván Martín
    May 21, 2018
    Le partenariat Afrique Europe fait son chemin depuis l'adoption de la stratégie commune Afrique-UE et la négociation complexe des Accords de Partenariat Economiques. L’évaluation des volets commercial, financier et humain de ces relations multidimensionnelles fait ressortir la persistance de grands déséquilibres dans les échanges commerciaux de biens et services, des tensions dans la gestion de la mobilité humaine et des dysfonctionnements dans les mécanismes institutionnels de part ...
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    The Global Context: Major Forces Shaping Our World
    Authors
    Isabelle Tsakok
    May 21, 2018
    The main message of this paper is that our world is undergoing a profound transformation in multiple aspects. These, at a minimum, include the following: - the degree and manner of our acceptance of or opposition to increased integration as trading nations - the constantly evolving technologies we use, the way we work, play and interact as social groups and entire societies - the very climate that conditions our living environment. ...
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    Our Trade Tensions Will Persist Beyond Trump
    Authors
    Uri Dadush
    May 15, 2018
    Technology and inequality, China's special status, macroeconomic imbalances, and WTO dysfunction, are the challenges confronted by the world trading system, and which lie at the root of resurgent protectionism. Are the trade tensions that have been stoked by Trump unique to him or the outcome of forces that preceded him and will outlast him? ...
  • Climbing a tall knowledge ladder
    Authors
    Otaviano Canuto
    May 10, 2018
    The April issue of the IMF’s “World Economic Outlook (WEO)” included a chapter on how globalization has helped knowledge from technology leaders spread faster than before. Cross-border technological diffusion has not only contributed to rising domestic productivity levels in advanced and emerging economies, but also facilitated a partial reshaping of the technological innovation landscape, with some recipients becoming new significant sources of research and development (R&D) an ...
  • Development through gender equality
    Authors
    Otaviano Canuto
    March 7, 2018
    Brazilian conditional cash transfers are small amounts of money the government distributes directly to very poor households on condition that their children attend school and are vaccinated. The money goes to the women of the household, because research undertaken in the 1990s – and later confirmed in other countries – showed an increase in babies' height and weight when women have more control over household income. Greater control over household resources by women can strengthen a ...
  • Jobless growth : still a question mark…
    Authors
    Youssef Tobi
    December 15, 2017
    The In-focus session about Jobless Growth during the Atlantic Dialogues on December 14th led to a passionate debate on the future impact of jobless growth on Africa as well as the world economy. « Jobless growth » was coined by the American economist Nick Perna (Yale) in the early 1990s. The causes of this phenomenon are highly discussed. For instance, automation is seen as the main source of jobless growth by some economists while others argue that it falls into a « Luddite Fallac ...
  • Positioning Africa in Global Value Chains (Moroccan Tent)
    December 14, 2017
    Moderator: Jordi Bacaria, General Director, Barcelona Centre for International Affairs - Newai Gebre-ab, Executive Director, Ethiopian Development Research Institute, former Chief Economic Adviser to the Prime Minister of Ethiopia - Paulo Neves, President, Institute for the Promotion of...
  • Plenary VII: Financing Infrastructures: Time for a Big Push in Africa
    December 14, 2017
    Moderator: David Applefield, Special Representative for Africa, the Middle East, and Emerging Markets, Financial Times Business - Jorge Arbache, International Secretary of the Ministry of Planning, Brazil - Dominique Lafont, CEO and Founder, Lafont Africa Corporation, former President a...
  • Plenary VII: Financing Infrastructures: Time for a Big Push in Africa
    December 12, 2017
    Infrastructure development is a key factor for growth and an essential catalyst for sustainable and socially inclusive development. The emergence of a large middle-class on the African continent is driving the demand for socio-economic infrastructure including access to water and sanita...
  • Jobs, Industrialization, and Globalization
    Authors
    Hinh T. Dinh
    November 28, 2017
    After many decades of expansion, incomes and standards of living have never been better in many parts of the world. Yet, global trade and the prospects of growth still seem uncertain, and protectionism seems to be on the rise. In developed countries, there is anxiety over the loss of the manufacturing jobs that once absorbed a large share of the labor force and created a middle class that formed the core of democracy. Most middle-income countries have not yet been able to make the t ...
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    Wage stagnation in the United States: some international implications
    Authors
    Uri Dadush
    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 ...
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    La complexité de la remontée des Chaînes de valeur Mondiales : Cas des industries automobile et aéronautique au Maroc et en Tunisie
    Authors
    Larabi Jaïdi
    Yassine Msadfa
    September 21, 2017
    Les chaînes de valeur mondiales offrent de nouvelles opportunités de transformation structurelle pour les pays en développement. Aujourd’hui la vision des chaînes de valeur mondiales se limitant à l’analyse des flux commerciaux et des IDE à l’échelle globale n’est plus suffisante pour répondre aux questions clés du positionnement et de la remontée dans ces chaînes de valeur, de la dynamique de la capture de la valeur et de sa pérennisation. La réponse à ces questions appelle un écla ...
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    Manufacturing Employment Elasticity and Its Drivers in Developing and Emerging Countries : Focus on Sub-Saharan Africa
    Authors
    Abdelaaziz Ait Ali
    Tayeb Ghazi
    Yassine Msadfa
    September 8, 2017
    The aim of this work is to contribute to the empirical literature on employment-GDP elasticities in four main ways. First, it provides a set of employment-GDP elasticities for a sample of emerging and developing economies, including 11 sub-Saharan countries, based on the GGDC 10-sectors database. Second, it assesses the extent to which manufacturing activities are inclusive compared to the rest of the economy, in terms of employment creation. Third, it explores the determinants of c ...
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    African Union: What are the Possible Options for Strategic Autonomy ?
    Authors
    Abdelkhalek El Bikam
    Afang Ndong Zita
    Kourouma Oumar
    August 25, 2017
    The current economic, political and geo-strategic dynamics, centered on the major regional groups, announce a reconfiguration of the international order in which Africa is called to play an important role through its main continental institution which is the Union African Union (AU). The AU is increasingly emerging as the continent's platform with foreign partners, and continues to face problems of dependence, governance and leadership. Therefore, in a critical and forward-looking a ...
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    A Practitioner’s Guide for Building the Interregional Input-Output System for Morocco, 2013
    Authors
    Eduardo Amaral Haddad
    Fatna El Hattab
    Abdelaaziz Ait Ali
    August 9, 2017
    This paper reports on the recent developments in the construction of an interregional input-output matrix for Morocco (IIOM-MOR). As part of an ongoing project that aims to specify and calibrate an interregional CGE (ICGE) model for the country, a fully specified interregional input-output database was developed under conditions of limited information. Such database is needed for future calibration of the ICGE model. We conduct an analysis of the intraregional and interregional shar ...
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    Capital accumulation and productivity gains in Morocco
    Authors
    Taoufik Abbad
    July 5, 2017
    The continuous and reinforced process of accumulating physical capital, in which Morocco has embarked since the early 2000s, has helped to preserve the stability of the fundamental equilibrium and cushion the economy from various external and exogenous shocks. However, these accumulation efforts have not led to a significant increase in productivity gains or to an accelerated transformation of the productive base. This Policy Brief aims to describe the underpinnings of the capital a ...
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    Accumulation du capital et gains de productivité au Maroc
    Authors
    Taoufik Abbad
    July 5, 2017
    Le processus continu et renforcé de l’accumulation du capital physique, dans lequel s’est engagé le Maroc depuis le début des années 2000, a permis de préserver la stabilité des équilibres fondamentaux et d’amortir les différents chocs exogènes, aussi bien internes qu’externes. Cependant, cet effort d’accumulation n’a pas permis d’insuffler un accroissement significatif des gains de productivité et d’accélérer la transformation de la base productive. Ce Policy Brief propose de décri ...
  • Adhésion du Maroc à la CEDEAO : un accord de principe
    Moubarack Lo
    June 21, 2017
    Ce podcast est présenté par Moubarack Lo. Il y analyse l’apport de l’adhésion marocaine à la CEDEAO suite à l’accord de principe donné par ses membres au 51e sommet de Monrovia le 4 juin ...
  • Does Brazil’s Sector Structure Explain Its Productivity Anemia?
    Authors
    Otaviano Canuto
    Fernanda De Negri
    June 20, 2017
    Brazil’s labor and total-factor productivity (TFP) have featured anemic increases in the last decades (Canuto, 2016). As we illustrate here, contrary to common view, sector structures of the Brazilian GDP and employment cannot be singled out as major determinants of productivity performance. Horizontal, cross-sector factors hampering productivity increases seem to carry more weight. Brazil’s productivity performance has been dismal Since the end of the 1970s, the Brazilian labor p ...
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    U.S. Economic Policy Toward Africa: The Path to More Collaboration
    Authors
    Eliot Pence
    May 19, 2017
    U.S. Africa policy has tended to shift over time and has lacked a clear overarching strategic vision. The Trump administration’s approach in Africa should articulate a limited set of principles that clarifies and solidifies a more sustainable framework that is better suited to address fundamental drivers of Africa’s future. These principles include prioritizing key countries and rationalizing resources, creating an “Investment- First” policy in Africa, and more clearly communicating ...
  • The Mist of Central Bank Balance Sheets
    Otaviano Canuto
    April 24, 2017
    This podcast is performed by Mr. Otaviano Canuto. Central banks of large advanced and many emerging market economies have recently gone through a period of extraordinary expansion of bala ...
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    Faciliter les échanges alimentaires au sein de la CEDEAO
    Authors
    Onasis Tharcisse A. Guedegbe
    December 23, 2016
    L'intégration commerciale est une condition de réussite de tout projet d’intégration économique. Les facteurs entravant cette intégration commerciale sont donc un goulot d’étranglement au projet d’intégration économique des pays de la Communauté Economique des Etats de l’Afrique de l’Ouest (CEDEAO), projet qui constitue un moyen efficace de faire face à la forte expansion de la demande alimentaire sous régionale. Cet article vise à mettre en lumière les facteurs contraignant la flui ...
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    La stratégie industrielle 2014- 2020 du Maroc et ses implications potentielles sur le processus de transformation structurelle
    Authors
    Karim EL Mokri
    October 13, 2016
    Le Maroc est actuellement plus que jamais menacé par le piège des économies à revenu intermédiaire. Il se retrouve pris entre, d'une part, la concurrence accrue exercée par des pays à faible revenu sur les secteurs à faible productivité et intensifs en main d'œuvre et, d'autre part, la difficulté d'accélérer son rythme de transformation structurelle vers des activités à plus forte valeur ajoutée et à contenu technologique plus élevé. L'expérience internationale nous montre que rares ...
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    Morocco’s 2014- 2020 Industrial Strategy and its potential implications for the structural transformation process
    Authors
    Karim EL Mokri
    October 13, 2016
    Morocco is now more than ever threatened by the trap of middle-income economies. On one hand, it is caught between increased competition from low-income countries in low productivity and labor-intensive sectors and, on the other hand, the difficulty of accelerating its pace of structural transformation towards activities with higher value added and higher technological content. International experience shows that few countries have managed to climb to the status of an advanced econo ...
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    Regional analysis of domestic integration in Egypt: an interregional CGE approach
    Authors
    Eduardo Amaral Haddad
    Michael L. Lahr
    Dina N. Elshahawany
    Moisés Vassallo
    October 13, 2016
    We develop an interregional computable general equilibrium model to help assess the ex ante impact of transportation infrastructure policies in Egypt. The model is integrated with a GIS network. We illustrate the analytical capabilities of the model by looking at the domestic integration of the country. Improvements of transportation costs among Egyptian governorates and of their links to the broader world economy are considered in stylized simulations. The results provide quantitat ...
  • Brazil Needs an Honest Waste Loss
    Authors
    Otaviano Canuto
    October 4, 2016
    Brazil has been suffering from anemic productivity growth. This is a major challenge because in the long run, sustained productivity increases are necessary to underpin inclusive economic growth. Without them, increases in real labor earnings tend to conflict with global competitiveness; collecting taxes in order to fund government expenditures on infrastructure and social policies becomes a heavy burden; returns to private investment becomes harder to achieve; and ultimately citize ...
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    Le défi de la transformation économique structurelle : une analyse par la complexité économique
    Authors
    Karim EL Mokri
    September 29, 2016
    L’objectif de ce travail est d’aborder la problématique de la transformation structurelle à travers une analyse par le concept de la complexité économique de Hausmann et Hidalgo, en se focalisant davantage sur les pays à revenu intermédiaire. Dans un premier temps, des régressions en données de panel utilisant la méthode des GMM en système, afin d’éviter les problèmes d’endogeneité, ont permis de mettre en évidence un lien empirique positif et significatif entre la complexité économ ...