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, 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). ...
Harinder Kohli
Founding Director and Chief Executive, Emerging Markets Forum (EMF)
...

RELATED CONTENT

  • Authors
    Mohamed Mouline
    January 1, 2014
    L’Afrique du Sud est une république fédérale, fondée sur une démocratie parlementaire. Avec une superficie de 1,2 million de km² et une population de 50 millions d’habitants, elle est la première puissance économique du continent africain, représentant, à elle seule, 30 % du PIB de l’Afrique Subsaharienne et 66 % de celui de l’Afrique Australe. Son PIB est de 420 milliards de dollars et son PIB par habitant est de 5 860 dollars. Ce pays est parvenu à réinsérer son économie dans les ...
  • Authors
    Abderrahmane Mebtoul
    December 1, 2013
    L’intégration du secteur informel ne peut être réalisée sans l’existence d’un Etat de droit et elle nécessite une cohérence des politiques de développement, qui s’impose plus que jamais face à l’ampleur des économies parallèles. L’intégration du secteur informel ne pourra pas se faire non plus sans une sérieuse amélioration du niveau d’éducation et une véritable réduction des inégalités hommes/femmes ...
  • Authors
    Ian Lesser
    November 18, 2013
    This policy brief argues for a closer relationship between Morocco and the United States. Morocco’s geo-economic position is evolving in ways that will shape U.S. and international interests in the country and open new avenues for cooperation. Key drivers of change in this context include Morocco’s stake in greater economic integration in the Maghreb, a growing role in Africa, new energy and infrastructure projects, and the emergence of Morocco as a hub for communications around th ...
  • Authors
    Mihoub Mezouaghi
    November 1, 2013
    Le discours sur la « colocalisation » est chargé de bonnes intentions à l’attention des pays du sud de la Méditerranée qui, depuis quelques années, réclament avec insistance une contrepartie à l’accès à leur marché (notamment en matière de transfert de technologie pour permettre d’accélérer leur industrialisation). La « colocalisation » est alors présentée comme une « forme avancée de la délocalisation ». Mais, ce discours s’adresse en même temps à l’opinion publique française lorsq ...
  • Authors
    John B. Richardson
    Armando Marques Guedes
    Xavier de la Gorce
    Anne-François de Saint Salvy
    Paul Holthus
    November 29, 2012
    This paper examines the challenges posed by human activity on the Atlantic Ocean itself, and around its coasts, looking at it not so much as a vast expanse separating the Americas from Africa and Europe but rather as a shared resource and an important connector. All littoral states face a common challenge in maintaining its value as a foundation for sustained “blue growth” in the years to come. In Chapter 1, Armando Marques Guedes traces the evolution of the economic activities that ...
  • Authors
    Françoise Nicolas
    January 1, 2011
    La montée en puissance de la Chine et de l’Inde domine les débats économiques depuis quelques années déjà. Poursuivant une stratégie d’internationalisation résolue, les entreprises chinoises et indiennes sont désormais présentes dans bon nombre de régions du globe. Ce dynamisme n’a pas manqué de susciter des inquiétudes mais aussi des espoirs, notamment dans le monde en développement, où ces deux pays sont perçus comme des partenaires potentiellement plus bienveillants que les pays ...
  • Authors
    Kassim Bouhou
    September 17, 2010
    Before the 9/11 events, US-Maghreb relations were growing stronger, especially after the United States had long left the floor to the Maghreb’s “natural” European partner. Therefore the American action in this region was in line with a mechanism previously set off by Clinton Administration member, Stuart Eizenstat, which aimed at reducing intra regional obstacles and stimulating American investments towards an area where Americans were little-represented. Hence Washington seemed mor ...
  • Authors
    Flore Gubert
    September 1, 2010
    The potential synergy between development and migration has become a key feature of most international migration politics. However, this relationship is far from evident. Flore Gubert helps better understand the complexity of this relationship through the comparison of two regional contexts (Mexico and North Africa), and shows how the political and economic context prevailing in the countries of origin modifies the link between migration and development. This Note de l'Ifri is the ...