Best of Mardis du PCNS أقوى لحظات حديث الثلاثاء لسنة 2021

Morocco has moved towards a more flexible exchange rate system, by widening its currency fluctuation bands to +/- 2.5% around a central price. This transition will, in time, equip the Moroccan economy with a macroeconomic instrument acting as a shock absorber and facilitating rapid adjustment at lower costs. In the absence of such a mechanism, adjustment to macroeconomic shocks at times requires a contraction in demand and thereby a cyclical downturn in growth to restore external ba ...

In this edition of the Med Report, three Senior Fellows from the Policy Center for the New South contributed to the Report. In Part 1 of the report, Positive Trends & Opportunities, Fathallah Oualalou contributed the paper “Growth in tourism: the Mediterranean scenario”(27-31), while Uri Dadush and Tayeb Amegroud contributed to Part 2 on Shared Prosperity, with the articles “Youth unemployment: a common problem with different solutions?” (94-98), and “Renewable energy: a soluti ...

Often described as an “ungoverned area”, the Niger-Libya border is nevertheless at the centre of major economic, political and security challenges. Both the Libyan authorities and the Nigerien state are struggling to establish tight control over this, particularly isolated area. However, local actors who live there are making their own modes of governance, based on individual and so far, barely institutionalised relationships. These local forms of regulation provide states in the su ...