AD 2021: Economic Recovery and the Great Reset

November 15, 2021

The Covid-19 pandemic has plunged the world into a health, social and economic crisis of exceptional magnitude. In economic terms, the restrictions established to contain the spread of the virus have resulted in a sudden stop to entire sectors of activity and major disruptions to supply chains. Consequently, the global economy experienced its worst recession since World War II in 2020, with a 3.3% contraction in real GDP, a sharp decline in trade and direct investment flows, in addition to massive job losses. As a result, the downward trend in poverty that began in the 1980s has been reversed and more than 100 million additional people have fallen back into extreme poverty. In this context, a number of questions seem relevant: What are the levers to act on for a quick and strong recovery for the world economy? What place for human development in the post-Covid development strategies? How to conciliate between ambitious development objectives and budget sustainability? Moderator: Otaviano Canuto, Senior Fellow, Policy Center for the New South Speakers: - Maria Eugenia Brizuela de Avila, Former Minister of Foreign Affairs, El Salvador - Harinder Kohli, President and CEO, Centennial Group, USA - Frannie Leautier, Chairperson, Co-Founding Partner, Mkoba Private Equity Fund, Tanzania

Speakers
Otaviano Canuto
Senior Fellow
Senior Fellow at the Policy Center for the New South, Affiliate Professor at Mohammed VI Polytechnic University and Non-Resident Senior 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. ...
Harinder Kohli
Founding Director and Chief Executive, Emerging Markets Forum (EMF)
...

RELATED CONTENT

  • July 04, 2025
    This episode explores how poverty, inequality, and climate change fuel insecurity and instability, often pushing fragile states toward militarization at the cost of social welfare. It exa ...
  • Authors
    Christian De Boissieu
    July 2, 2025
    Dans un contexte devenu plus incertain et plus compliqué à la suite des décisions de la nouvelle administration américaine, les impératifs de la lutte contre le changement climatique et de la transition énergétique et écologique demeurent.Les banques centrales peuvent et doivent apporter leur contribution à cette transition, en « verdissant », dans une proportion à définir, la politique monétaire qu’elles mènent. Concrètement, cela veut dire compléter la palette des object ...
  • Authors
    Hanne Knaepen
    July 1, 2025
    This Blog was originally published on ettg.eu Europe and North Africa are intensifying cooperation, driven by shared interests in renewable energy deployment, trade and industrialisation. This renewed focus is opening doors for deeper energy partnerships, including on green hydrogen, and offers North African countries new opportunities to expand into European markets. At the same time, it raises concerns about the uneven distribution of benefits and insufficient international f ...
  • Authors
    July 1, 2025
    This Paper was originally published on ettg.eu KEY MESSAGES1. Aligning climate and energy priorities for mutual benefit - North Africa’s solar and wind potential could help meet the EU’s decarbonisation and energy security goals. A longterm, equitable partnership integrating green industrialisation, energy market integration and climate resilience can deliver shared economic, environmental and geopolitical gains. 2. Transforming energy partnerships for a just transition - ...
  • Authors
    Sana Hninou
    June 25, 2025
    This Paper was originally published on springer.com This study investigates the impact of female agricultural cooperatives on women’s empowerment in Morocco, with a focus on the rural Marrakech-Safi region. The research evaluates the effectiveness of these cooperatives in enhancing women’s empowerment through economic opportunities, participatory governance, and leadership roles. The Global Empowerment Index (GEI) was adopted to measure empowerment across five key dimensions: p ...
  • Authors
    Aram Belhadj
    June 24, 2025
    Les politiques industrielles semblent marquer leur retour, aussi bien dans les grandes puissances économiques que dans les pays émergents et en voie de développement, notamment après la pandémie de la Covid-19, l’accroissement des tensions géopolitiques et commerciales et les effets du changement climatique.L’Afrique n’est pas en reste, surtout qu’une prise de conscience des enjeux liés à la position continentale dans un monde multipolaire est en train de naître. Même au niveau de l ...
  • Authors
    William Yancey Brown
    June 24, 2025
    This Paper was originally published on atlanticcouncil.org Following a decade-long partnership, the Policy Center for the New South and the Atlantic Council have joined forces around a new program focused on the power of the Atlantic. This series of publications and webinars will focus both on opportunities and challenges around the basin.This brief, the inaugural of the series, by William Yancey Brown highlights the vast energy and mineral potential of the Atlantic O ...
  • June 23, 2025
    President Donald Trump's "Reciprocal Tariff" policy, announced on April 2, 2025 (dubbed "Liberation Day"), represents one of the most significant shifts in U.S. trade policy in nearly a century. Trump’s policy imposes a baseline 10% tariff on all imports and additional country-specific tariffs that range from 10% to 50% for countries designated as having "non-reciprocal trading practices" with the U.S. These specific tariffs are determined based on each country’s bilateral trade bal ...
  • Authors
    June 18, 2025
    In 2000, The Economist dismissed Africa as the “Hopeless Continent”—a label reflecting a broader system of marginalization rooted in colonial legacy and post-Cold War neglect. This essay offers a realist reappraisal, arguing that Africa’s growing strategic relevance is not the result of benevolence, but of structural necessity.Amid a fracturing global order and the rise of transactional geopolitics under Trump 2.0’s Bessent Doctrine, Africa has become indispensable: rich in critical ...