LatAm & Africa: The Untapped Powerhouses of the Global South

Can a G7, dominated by developing nations, provide the impulse to global governance as did the old G7? The answer is no. What a difference ten years can make. It was nearly ten years ago when, in a paper written with Benn Stancil and titled “The World Order in 2050,” he and I predicted that by 2030 — in 11 years from now — five of the seven largest economies of the world would be drawn from the ranks of developing countries as defined by the World Bank at the time of our writing. ...

The author of this blog, Ahmed Rachid El Khattabi, is an alumnus of the 2018 Atlantic Dialogues Emerging Leaders program Rapid urbanization and climate change are two of the biggest challenges for cities. As much of the world is urbanizing, cities are growing thirstier, constantly seeking out new water supplies to keep up with demand. These challenges are especially significant for many growing cities that, due to historical reasons, are not located near water resources. Climate ch ...

China's push for Latin American consumers reflects changes back home. Chinese financing in Latin America is changing. After becoming a major source of capital flows to Latin America and the Caribbean over the past 15 years, a more diverse range of investors has surfaced, interested in channeling resources towards infrastructure, governments and state companies. The profile of the Chinese investment in the region tracks the evolution of China’s economy as it moves toward a higher r ...

This third Policy Report represents the main pillar of a long-lasting collaboration between Bruegel and the Policy Center for the New South, supported by Compagnia di San Paolo. The Report collects the papers produced by our partner’s researchers along with our joint fellow Uri Dadush and our economists Abdelaaziz Ait Ali and Yassine Msadfa. ...