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The Belt and Road turns five

Uri Dadush , Michael Baltensperger | January 13, 2019

China’s Belt and Road Initiative (BRI) is an international trade and development strategy. Launched in 2013, it is one of the ways China asserts its...

The Role of a Flexible Foreign Exchange System in Macroeconomic Adjustment: The Case of Morocco.

Abdelaaziz Aït Ali | January 01, 2019

Morocco has moved towards a more flexible exchange rate system by widening its currency fluctuation bands to +/- 2.5% around a central price. This...

Rôle du régime de change flexible dans l’ajustement macroéconomique : cas du Maroc.

Le Maroc a initié une première étape vers l’adoption d’un régime de change flexible, en élargissant les bandes de fluctuations à +/- 2,5% par rapport...