Africa

This Working Paper was originally published on erf.org.eg Like many developing countries, Morocco faced a significant increase in public debt following the COVID-19 pandemic. In 2022, Central government debt reached 69.6% of GDP, up from 60.3% in 2019, highlighting the need for a thorough analysis of debt sustainability. This paper examines the main trends in the Moroccan economy over the past two decades, including growth performance, monetary policy and financial conditions and e ...

In the space of one day in late July 2023, the fate of Mohamed Bazoum, 63, changed completely; the comfort of his palace was replaced by a small dark room. The occupant was reduced from president of the 27 million-strong nation of Niger to criminal, facing charges of high treason and undermining the security of the nation (Reuters, August 14, 2023). His accusers were a military junta, led by the commander of the Presidential Guard, General Abdourahamane Tchiani, now self-imposed Pre ...

This Policy brief was originally published on erf.org.eg Like many emerging and developing economies, Morocco has experienced a significant increase in public debt since the COVID-19 pandemic. Central government debt reached 69.6 percent of GDP in 2022, up from 60.3 percent in 2019, and overall public debt increased to 82.5 percent of GDP in 2022, well above the presumed critical threshold of 60 percent. Therefore, it becomes crucial to conduct a comprehensive debt sustainability a ...

Le Maroc est la partie la plus septentrionale et occidentale de l’Afrique, part essentielle du sud de la Méditerranée. Prolongement du continent vers la Méditerranée, le Proche et le Moyen-Orient, il est aussi le passage terrestre dominant vers cette Afrique, dont le Sahara, loin de constituer une délimitation, est en fait un ensemble de routes et de flux de mobilités durables. Depuis les temps les plus reculés, au moins depuis les Phéniciens, les Carthaginois, les Vandales ...

L’adoption par le Conseil de sécurité de l’Onu, le 27 octobre 2023, de la résolution 2703 (2023) sur la question du Sahara marocain, est intervenue dans un contexte régional marqué par la persistance de la tension entre le Maroc et l’Algérie et la poursuite par le polisario des violations du cessez-le-feu qui ont enregistré une escalade sans précédent, dans la nuit du 28 au 29 octobre, par le ciblage de la ville de Smara, faisant des victimes. L’adoption de cette nouvelle r ...

The Atlantic area and its Afro-Atlantic seaboard are suffering the consequences of the global situation. We are witnessing a complex geopolitical game involving different strategies that have various processes, tactics, and objectives. The current situation reveals a paradoxical dynamic, which involves the Euro-Atlantic powers, extra- regional powers (China and Russia), and all the Afro-Atlantic countries. How is the power game organized in the Atlantic area? How does Africa9s Atlan ...

Empruntant ses chemins propres, l’art africain contemporain se libère progressivement de tous les préjugés qui l’ont gangréné durant sa courte existence. De la décolonisation à la décolonialité1, le temps est de se montrer au monde, de s’offrir à l’autre et de se permettre une esthétique propre et une place dans le monde de la globalité. Au point qu’on peut parler actuellement d’un mouvement artistique dont les contours ne cessent de se dessiner, au-delà des handicaps e ...

Public policies, particularly those related to taxes and subsidies, should help to reduce poverty and inequality. However, the combination of components of these two systems, as implemented, leads sometimes to an increase in poverty and or inequality without being necessarily anticipated. In this policy brief, based on data from the 2019 wave of the Enquête Panel de Ménage from the Observatoire National du Développement Human from Morocco, we first highlight the influence of taxes ...

Le 1er octobre 2023 a marqué le début de la phase transitoire du Mécanisme d'Ajustement Carbone aux Frontières (CBAM en anglais) de l'Union européenne (UE). L'objectif de cette initiative est d'instaurer une tarification du carbone sur les biens importés qui soit équivalente à celle appliquée aux biens produits au sein de l'UE, visant ainsi à réguler les émissions de carbone. Cette démarche implique la mise en place d'un ensemble d'obligations de déclaration et de conformité pour le ...

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, ...

An unprecedented year Each figure hides a life, a dream destroyed, a future to live. Shadowed by each number are families in agony, flows of tears and unanswered questions. On September 8 the clock had shown 23:11 Marrakesh time, and then Morocco cried, united in mourning, remembering 3,000 noble brothers and sisters, who turned into dark figures, victims of a horrendous earthquake which affected 6.6 million people. A national heartbeat later, war-torn Libya joined the pain, more ...