Should Emerging Markets Worry About the Stock Market Correction?

The global economic environment has changed as the U.S.—and to a less confrontational degree, the European Union—have clearly established a context of technological rivalry with China. Hindering China’s progress in the sophistication of semiconductor production has become a centerpiece of current U.S. foreign policy. While the U.S. is clearly winning the semiconductor war, the picture is different when it comes to clean-energy technology. Both technology wars overlap with access to ...

Le 1er octobre 2023 a marqué le début de la phase transitoire du Mécanisme d'Ajustement Carbone aux Frontières (CBAM en anglais) de l'Union européenne (UE). L'objectif de cette initiative est d'instaurer une tarification du carbone sur les biens importés qui soit équivalente à celle appliquée aux biens produits au sein de l'UE, visant ainsi à réguler les émissions de carbone. Cette démarche implique la mise en place d'un ensemble d'obligations de déclaration et de conformité pour le ...

The role of the production network in shock propagation has been an issue of considerable interest since the Great Recession. However, the empirical literature has only focused on advanced and emerging countries. This paper aims to contribute to filling this gap by examining the case of Morocco, a developing country belonging to the lower-middle-income group. The question is whether its production network is a factor in amplifying idiosyncratic industry-level shocks or, conversely, ...

An unprecedented year Each figure hides a life, a dream destroyed, a future to live. Shadowed by each number are families in agony, flows of tears and unanswered questions. On September 8 the clock had shown 23:11 Marrakesh time, and then Morocco cried, united in mourning, remembering 3,000 noble brothers and sisters, who turned into dark figures, victims of a horrendous earthquake which affected 6.6 million people. A national heartbeat later, war-torn Libya joined the pain, more ...

Interroger le lien entre le Maroc et son continent d’appartenance, l’Afrique, à partir de l’entrée des Industries culturelles et créatives (ICC), nous met d’emblée devant la nécessité d’interroger autant les concepts que les contextes d’où elles sont énoncées. Il nous oblige, par souci de rigueur et de justesse, de souligner les paradoxes qui les sous-tendent. Car par-delà l’appartenance géographique, des (dis)continuités historiques et culturelles, l’africanité du Maro ...