The Chinese economy is rebalancing while softening its growth pace. China’s spillovers on the global economy have operated through trade, commodity prices, and financial channels. The global reach of the effects from China’s transition have recently been illustrated in risk scenarios simulated for Latin American and the Caribbean economies.
Suriname is facing twin - external and fiscal - deficits that originated in the commodity price slump of recent years. In response, the Surinamese government started a four-pronged adjustment program in August 2015 to adapt to new circumstances.
The referendum in favor of the exit of Britain from the European Union (“Brexit”) marks a sad day for Britain and for Europe. It represents a victory of nationalism over the liberal economic order, in the country that inspired the ideas that lie at its foundations. The referendum probably signals the end of an experiment widely supported by the young, the elites and most economists, but which has failed in the eyes of the majority of British people. For Britain, the economic risks are considerable, but they pale in comparison to the possible political fallout, since Brexit may pave the way for the separation of Scotland, which voted 60% in favor of staying in the EU, and could upset the uneasy peace in Northern Ireland, which voted 56% in favor of staying. Also perilous for political stability is the schism within the ruling conservative party. Of note is the repugnant reaction to the outcome of large numbers in the remain camp. Nearly three million have already signed a petition for parliament to call for a second Brexit referendum. Though the referendum is technically not binding, and there are scenarios under which it could conceivably be ignored or reversed, the assumption now has to be that Britain will leave the European Union.
Political Developments: Towards a Political Transition?
Countries in the Sahel are facing political changes that seriously affect the African continent at large. This blog attempts to give an overview of the recent political developments in the region before focusing on the ongoing challenges.
Successfully Transforming African Agribusiness through Private Equity Capital Part III - What does a sustainable African Agribusiness Investment model look like?
Ultimately, the question we need to ask ourselves is what sort of investment approach or model best addresses the challenges to the growth of the African Agribusiness Industry.
Partie 1. Le ralentissement économique de la Chine : une transition inquiétante
L’incertitude sur les marchés financiers, la transition de l’économie chinoise vers un modèle de croissance moins extraverti et le ralentissement du rythme de la croissance des pays émergents, sont autant de facteurs qui fragilisent considérablement une croissance mondiale durable et synchronisée. Dans ce contexte, l’OCP Policy Center a tenu une table ronde animée par Patrick Artus, Economiste en Chef, Natixis, sur les perspectives de croissance de l’économie mondiale et des marchés financiers en 2016.
In January 2016 the Chinese Government issued its first “China's Arab Policy Paper”, in which it stated: “We will enhance exchanges of experts and scholars from the two sides and actively explore the establishment of a long-term China-Arab exchange mechanism of think tanks.” I think that this line implies three things. First, it implies that the Chinese Government pays great attention to think tanks’ roles in China-Arab cooperation in the form of government document on the eve of President Xi Jinping’s first visit to the Middle East in his capacity of PRC’s President. Second, it implies that China looks forward to the Arab world would do the same and that China and Arab world should strengthen cooperation in think tank work in addition to our cooperation in other fields. Third, the Chinese Government is pragmatic enough to set low goals to start with by saying to “actively explore the establishment of a long-term China-Arab exchange mechanism of think tanks.”
Current African Economic and Strategic Challenges and Opportunities: Intersecting Views from China and Morocco
Jointly organized by OCP Policy Center and Shanghai Institutes for International Studies, the roundtable on "Current African Economic and Strategic Challenges and Opportunities; Intersecting Views from China and Morocco" was a great opportunity to gather experts from both side, to brainstorm opportunities to enhance the role of think-tanks and civil society organization in the consolidation of the Afro-Asian cooperation more efficiently and in a more comprehensive way.
During the Lisbon Summit back in 2010, NATO adopted its third post-bipolar Strategic Concept acknowledging the structural and functional transformation process. In addition to its traditional mission of ensuring mutual defense, stabilizing its surroundings and global power projection capability now adds to the organization’s mission. As a matter of fact, the role of NATO could be shifting from a regional defense alliance to that of a global player. However, one can only wonder whether NATO will be able to fully fulfill its new role on the long run. How can the organization cope with the Russian threat in the short-medium run? What links does NATO maintain with the Mediterranean basin?
If one opens the newspapers nowadays, Brazil will come out as a melting opportunity. The country is currently facing its largest economic crisis, mostly resulting from a negative political environment where the current Administration has been deeply swollen by Brazil´s largest corruption scandal, the so-called Lava Jato (Car Wash) Operations, whose investigations have brought to light the fact that billions of US$ dollars were being used for campaign financing, illicit enrichment and to secure political support for the government.