South America

This report is part of a partnership between the Policy Center for the New South and the Atlantic Council’s Africa Center.   The creative economy is a constantly evolving activity, driven by the cultural industries, which make up a large and interconnected sector. Arts and culture impact the creative economy in major areas: education, innovation, collaboration, and clustering. The cultural industries are one of the most rapidly growing sectors of the global economy. This sector is ...

At the August 22-24 BRICS summit in Johannesburg, the leaders of Brazil, Russia, India, China and South Africa said they wanted to use more of their national currencies for cross-border payments, which are currently dominated by the U.S. dollar and other global convertible currencies. Like China and the other BRICS, several other countries have also sought to develop alternative external payment mechanisms. Pairs of countries have agreed to settle commercial and financial transactio ...

Le 22-24 août 2023, à Johannesburg, en Afrique du Sud, se réunit le 15ème sommet des BRICS. Ce sommet est particulièrement intéressant pour deux raisons : il est, d’abord, le premier sommet en présentiel depuis la pandémie de la Covid, et en pleine guerre russo-ukrainienne qui perdure, et il l’est, ensuite, du fait de son ordre du jour consacré en partie à l’adhésion de nouveaux pays et à l’instauration d’une éventuelle monnaie commune. L’objet de cette étude lui est consacré. Rappe ...

This policy brief was originally published on T20 India website   Supportive policies for tropical agriculture have helped millions of small-scale farmers in Brazil step out of poverty by improving government capacity to design legal frameworks to strengthen agricultural production and family farming. Scientific and technological developments have enabled small-scale Brazilian farmers to produce food while considering local tropical conditions. In contrast, tropical agriculture s ...

L’océan Atlantique, dans sa partie sud, qui demeure un espace géopolitique inexploité, peut servir de nouvelle plateforme de dialogue entre le Nord et le Sud. Le Royaume du Maroc, stratégiquement placé dans cet espace, peut exploiter sa façade atlantique afin d’insuffler une nouvelle dynamique à sa relation avec l’Amérique latine pour le renforcement des échanges politiques et économiques dans le sud global. Les relations entre le Maroc et les pays de l’Amérique latine c ...

This paper aims to investigate the impact of an inflation targeting framework adoption by the central bank, on the reduction of public debt ratios in emerging countries, through the potential discipline-enhancing effect of inflation targeting on the conduct of fiscal policy in general. The impact evaluation method used is the Propensity Score Matching (PSM), which allows the evaluation of the treatment effect of inflation targeting on fiscal discipline, in terms of public debt reduc ...

In April 2007, on my first day as vice president at the Inter-American Development Bank (IDB) in Washington D.C., I received an informal visit from Thomas E. Lovejoy, a celebrated American environmental scientist who died last year. He spoke to me of a “turning point” in deforestation in the Amazon, beyond which the consequences would be irreversible. He was interested in knowing how the IDB could help in the fight against deforestation. Thomas and the Brazilian environmental scien ...

China’s rate of economic growth has slowed. Chinese GDP ended 2022 up 3%, but this was the lowest growth rate in the last 40 years, except for 2020, the first year of the pandemic. In addition to problems in its real-estate sector, China’s severe ‘COVID zero’ confinement policy is one of the causes. The post-‘COVID zero’ reopening of the Chinese economy has improved its growth outlook. In the International Monetary Fund’s annual report on China, published in early February 2023, 5. ...