Africafé: Evolving economic trends and the impact on African economies

September 29, 2022

In this episode, Otaviano Canuto talks about a perfect storm coming towards African economies. With inflation soaring and global uncertainty looming from a world economic perspective, Otaviano Canuto shares his thoughts on the crisis and his recommendations to mitigate the adverse effects of the crisis on the African continent.
 

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). ...
Youssef Tobi
International Relations Specialist
Tobi Youssef has joined the Policy Center for the New South in 2017. He is currently working on Politics and Governance in the Maghreb Region; his areas of expertise are geopolitics, political risk and nation building. Youssef Tobi obtained a Master Degree at Sciences Po Lyon  where he wrote two thesis on “ the role of Moroccan Bank in Africa, a non-state actor in service of the Diplomacy”  and the“ Chasm between the mediatic and associative representation of refugees : a case study”.  Prior to working at the Think tank, Tobi Youssef participated in a Social Entrepreneurship Project in Beirut, Lebanon and conducted an internship in a NGO based in Marseille where he assisted refugees and helped raise funds. ...

RELATED CONTENT

  • Authors
    Will Martin
    December 5, 2017
    The second United Nations Sustainable Development Goal (SDG2) includes the goal to: “End hunger and achieve food security and improved nutrition” by 2030. While such an ambitious goal will clearly involve a wide range of policies and actors, this policy brief focuses on the role of trade policies in affecting food and nutrition security. Extensive and frequently contentious, debate swirls about whether trade in agricultural products is beneficial or detrimental for food security, pa ...
  • Authors
    December 5, 2017
    President Trump’s actions on trade have not quite matched his rhetoric, but the worst may be to come. Though the political opposition to his protectionism is formidable, so are his conviction and determination and he possesses a wide array of instruments to pursue his goals. The trade doctrine he has espoused makes for trade policy instability both at home and abroad. It may lead to a large deterioration in the operating environment of international business. America’s tradedependen ...
  • Authors
    November 30, 2017
    إن أسواق العمل في منطقة الشرق األوسط وشمال إفريقيا تتباين فيما بينها بشكل كبير، فهناك بعض الدول النفطية اليت تقوم باستيراد العمالة فيما تقوم بلدان أخرى، ومن ضمنها المغرب، بتوفير اليد العاملة والكفاءات المهاجرة. هذا وتظهر على المغرب معالم وجود بطالة مقنعة على المستوى الهيكلي بالرغم من وتيرة النمو السريعة اليت سارت عليها البالد. وهناك عدد من األسباب المتشعبة اليت تقف وراء هذا النمو العاجز عن خلق فرص عمل ِّ ها في َّ بعة قد تتمكن من التخفيف من حدة اإلشكالية ولكن دون أن تنجح في حل مكتملة ...
  • Authors
    November 30, 2017
    The jobs markets across the Middle East North Africa region vary greatly, with some oil-rich countries importers of labor while others, including Morocco, are the source of emigrants. Morocco exhibits structural underemployment despite having grown quite rapidly. The reasons for Morocco’s job-poor growth run deep. Policies can mitigate the problem but are unlikely to solve it in the foreseeable future. ...
  • Authors
    November 28, 2017
    After many decades of expansion, incomes and standards of living have never been better in many parts of the world. Yet, global trade and the prospects of growth still seem uncertain, and protectionism seems to be on the rise. In developed countries, there is anxiety over the loss of the manufacturing jobs that once absorbed a large share of the labor force and created a middle class that formed the core of democracy. Most middle-income countries have not yet been able to make the t ...
  • Authors
    November 27, 2017
    Current technological developments in manufacturing are likely to lead to a partial reversal of the wave of fragmentation and global value chains that was at the core of the rise of North-South trade from 1990 onwards. At the same time, China – the main hub of the global-growth-cum-structural-change of that period - may attempt to extend the previous wave through its “One Belt, One Road” initiative. ...
  • Authors
    November 24, 2017
    لقد حققت معدلات الدخل ومستويات العيش تحسناً غير مسبوق في العديد من مناطق العالم، وذلك بعد أن عرفت ارتفاعاً مطرداً على مدى عقود متتالية. بيد أن آفاق التجارة العالمية والنمو الاقتصادي ما تزال محفوفة بالغموض، كما يبدو أن النزعة الحمئية سائرة في تزايد مستمر. ففي الدول المتقدمة، هناك قلق ناجم عن فقدان الوظائف التصنيعية التي شغَّلت فيما مضى فئة كبيرة من العمالة، وخلقت طبقة متوسطة شكلت نواة الديمقراطية في هذه الدول. هذا ولم تنجح معظم الدول ذات الدخل المتوسط في اللَّحاق بنظيرتها العالية الد ...
  • Authors
    Laurence Nardon
    November 23, 2017
    Déjà illustré par le retournement diplomatique des années 1970, le débat stratégique américain sur la Chine est ancien. C’est dans les années 1990 qu’il prend toute son ampleur cependant : au lendemain de la chute de l’URSS et à la veille des bouleversements du 11 septembre 2001, alors que la puissance chinoise commence à s’envoler sur les terrains économiques et militaires, la communauté de politique étrangère américaine multiplie les analyses sur ce nouveau grand acteur des relati ...
  • Authors
    Laurence Nardon
    November 23, 2017
    As Shown by the diplomatic turnaround of the 1970's, the existence of a debate on China on the United States is not new. This debate - of strategic relevance - took center stage in the 1990's, however: in the aftermath of the fall of the USSR and on the eve of the 9/11 attacks, as China's economic and military might was beginning of the soar, the U.S. foreign policy community started to devote a lot of attention to this new, major actor of international relations. ...
  • Authors
    November 20, 2017
    1. Zuma vole au secours de Mugabe mais échoue : S’étant, de manière précipitée, porté au secours de son ami Robert Mugabe, Président du Zimbabwe, Jacob Zuma, président de l’Afrique du Sud s’est mis dans une position d’enlisement qui compromet l’avenir politique de son clan au sein de l’African National Congress. En effet, les événements se déroulent à quelques semaines du congrès du parti qui doit désigner son nouveau président. Avant d’analyser les conséquences sur Jacob Zuma de ...