The 2024 US Elections Strategic and Economic Implications for the New South

September 30, 2024

The outcome of the 2024 U.S. elections marks a pivotal moment for U.S. engagement with the New South. Historically, American involvement in the Atlantic region oscillates between deeper economic integration and strategic retrenchment, driven by shifts in domestic priorities and global pressures. The next administration is likely to redefine U.S. trade policies, investment strategies, and economic partnerships, with potential consequences for key initiatives such as the African Growth and Opportunity Act (AGOA) and the Partnership for Atlantic Cooperation. The latter serves as a critical framework for fostering multilateral collaboration across the Atlantic, with trade, security, and sustainable development implications. A potential U.S. pivot towards the Indo-Pacific further recalibrates its commitments to the Atlantic, impacting nations across the New South. This discussion critically assesses how these shifts in U.S. economic and strategic policy transform relations with the New South. Central to this analysis is whether the U.S. maintains its economic engagement with Africa and the Atlantic region, and how the New South navigates evolving trade relations, investment flows, and shifts in multilateral cooperation following the U.S. election. Against this backdrop, the Policy Center for the New South organizes a roundtable on September 24th, focusing on the strategic and economic implications of the 2024 U.S. elections for transatlantic relations and their impact on the New South. The event features Senior Fellows from the Policy Center, providing expertise on the potential shifts in U.S. foreign policy and its repercussions on the global South. Discussions explore critical areas such as trade, diplomacy, and strategic alliances, with a special focus on how these developments influence the economic and geopolitical landscape of the New South. Akram Zaoui, International Relations Specialist at the Policy Center for the New South, moderates the session. It includes a presentation followed by an open discussion, allowing participants to engage with the ongoing dynamics shaping transatlantic relations.

Speakers
Dominique Bocquet
Senior Fellow
Dominique Bocquet is a graduate of Sciences-Po, a graduate of history and a former student of ENA. He is a member of the Editorial Board of the French Review Commentaire and Knight of the Legion of Honor. He lectures at Sciences Po and the ENA and is active in several European think tanks.  He is the author of several books and reports, including "Génération Europe" (Editions François Bourin, 1989), in collaboration with Philippe Delleur; "France and Germany, a couple running out of ideas" (Notes from the Saint-Simon Foundation, 1996); What economic efficiency for Lomé? "(Report for the Minister of Economy, Finance and Industry, June 1998)" Bringing the EDF into the EU’s Budget, a step forward in modernizing aid "(Report for the Minister for the Economy, Finance and Industry, ...
Otaviano Canuto
Senior Fellow
Senior Fellow at the Policy Center for the New South, principal at Center for Macroeconomics and Development and non-resident fellow at Brookings Institute. Former Vice President and Executive Director at the World Bank, Executive Director at the International Monetary Fund (IMF) and Vice President at the Inter-American Development Bank. He was also Deputy Minister for international affairs at Brazil’s Ministry of Finance, as well as professor of economics at University of São Paulo (USP) and University of Campinas (UNICAMP). ...
Akram Zaoui
Chargé de Mission to the Executive President
Akram Zaoui is a Senior Specialist and Chargé de Mission to the Executive President at the Policy Center for the New South (PCNS). Prior to this, he was Manager of Research Support and the Public Policy Lab at the PCNS. His main area of research interest is the geopolitical economy of the Middle East and North Africa (MENA) region. From 2018 to 2020, Zaoui coordinated a network of 70+ civil society organizations (CSOs), working with local communities, public authorities, and private companies. His responsibilities included managing administrative and financial affairs, communications, development, fundraising, operations, and strategic planning. Zaoui holds degrees from HEC Paris and Sciences Po, as well as a bachelor's degree (licence) in history from Université Paris 1 Pa ...

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