Economy

In 2017, eight scientists from the Google research team published in the journal Advances in Neural Info Processing Systems the remarkable article “Attention is all you need,” which introduced a Transformer neural network architecture. The paper has been cited over 173,000 times and ranks among the top 100 most cited papers of the 21st century. It builds on the attention principle introduced in 2014 by Bahdanau, Cho and Turing Award winner Bengio, who proposed neural machine transla ...

Bientôt disponible en vente sur amazon et Livremoi. Le monde du travail est engagé dans un processus de mutation sans précédent. La quatrième révolution industrielle, portée par l’intelligence artificielle (IA) et la robotisation, a été le point de commencement d’une ère nouvelle où les repères économiques et sociaux se redéfinissent à une vitesse inédite. Ces technologies suscitent un engouement légitime et offrent des perspectives prometteuses, mais requièrent une vigilance a ...

The energy shock caused by the war between the United States and Israel and Iran has highlighted the need for Africa to refine more of its own crude oil. Africa is a net hydrocarbon exporter, but remains stuck in the old colonial economic model: it mostly exports raw materials and imports refined products. Africa exports about 2.6 billion barrels of crude oil every year, and imports about 1.4 billion barrels of refined products. This is a problem for two reasons. First, Africa ...

Driven by its mission to reflect on and analyze the major geopolitical, economic, and societal transformations shaping the contemporary world, and with a view to contributing to knowledge-sharing and disseminating the main outcomes of its research program, the Policy Center for the New South regularly publishes collective volumes addressing issues of particular importance to Morocco, Africa, and the broader Global/New South. In this spirit, the Center has recently released two volum ...

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The Organisation for Economic Co-operation and Development estimates that Africa loses as much as USD 60 billion each year in illicit financial flows (IFFs). Undoubtedly, the IFFs strip substantial amounts of resources from African countries, and the immediate impact is a reduction in national expenditure and investment. This translates into inadequate public services, including hospitals, schools, national security, and transport infrastructure. It also contributes t ...

This paper, the fourth in a research series on services-led growth in the Global South, examines Egypt’s potential for growth and economic transformation through the integration of services into Global Value Chains (GVCs). It employs a new taxonomy that classifies services into Knowledge Services (KS), Enabling Services (ES), and Local Services (LS) and applies OECD 2025 Trade in Value-Added (TiVA), Trade in Employment (TiM), and input-output databases to benchmark Egypt against Mor ...