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The Future of Globalization

Despite the threat posed by protectionism, right-wing nationalism and left wing populism – there is not yet an end to globalization, but rather a continuation which is the most likely scenario and perhaps even acceleration, as the world catches up...

Using Foreign Direct Investment to Upgrade and Diversify Exports from Morocco: Opportunities and Challenges in Comparative Perspective

Developing countries that manage to upgrade and diversify their export profile grow more rapidly and achieve greater welfare gains than countries that simply export larger volumes of what they have traditionally produced. This discussion paper ...

Overlapping Globalizations

Current technological developments in manufacturing are likely to lead to a partial reversal of the wave of fragmentation and global value chains that was at the core of the rise of North-South trade from 1990 onwards. At the same time, China – t...

La Complexité de la Remontée des Chaînes de valeur Mondiale: Cas des Industries Automobile et Aéronautique au Maroc et en Tunisie /The Complexity of the Rise of Global Value Chains: The Case of Automotive and Aeronautics Industries in Morocco and Tunisia

Global value chains offer new opportunities for structural transformation for developing countries. Today the vision of global value chains are limited to the analysis of global trade and FDI flows, globally it is not sufficient to answer the key ...

Trends and Cyclicality of Commodity Prices (Part 1): Debating the Prebisch-Singer Hypothesis

Ce document est disponible en Français aussi : Tendances et cyclicité du prix des matières premières (partie 1) : le débat sur l’hypothèse de Prebisch-Singer. Dealing with the dynamics of commodity prices requires the characterization of three...

Tendances et Cyclicité du Prix des Matières Premières (partie 1): le Débat sur l’Hypothèse de Prebisch-Singer / Trends and Cyclicality of Commodity Prices (Part 1): Debating the Prebisch-Singer hypothesis

This title is also available in English. Dealing with the dynamics of commodity prices requires the characterization of three phenomena to which they are subject: (very) long-term trends, medium / long-term cycles and short-term variability / vola...

Relations between Morocco and Sub Saharan Africa: What is the Potential for Trade and Foreign Direct Investment? / Relations Entre le Maroc et l’Afrique Sub Saharienne : Quels Potentiels pour le Commerce et les Investissements Directs étrangers ?

Central banks of large advanced and many emerging market economies have recently gone through a period of extraordinary expansion of balance sheets and are all now possibly facing a transition to less abnormal times. However, the fact that one gro...

Chinese Investors in Ethiopia: The Perfect Match?

The paper's objective is to examine why and how Chinese investments have developed in Ethiopia and how this impacted on the country. In particular, it seeks to assess whether Ethiopia is a case of a win-win partnership, focusing in particular on t...

Argentina’s Shifting Politics: New Prospects for Collaboration with Africa?

Mauricio Macri, Argentina’s new president, has many challenges ahead. In the initial 10 months of his government, he has devalued the currency, lifted significant trade and capital barriers, and launched conversations with international investor...

Multilateralism: What is the Political (Geo) Resonance for Steel? / Multilatéralisme : Quelle Résonance (Géo) Politique pour l’acier ?

While energy products are clearly at the heart of geopolitical relations, other commodities cannot be neglected to explain certain developments in the international economic and political scene. Steel has been one of these since the 19th century. ...

Africa-Atlantic Integration: Can the Economy Unite What Geology has Divided? / L’intégration Afrique-Atlantique : L’économie peut-elle Réunir ce qui a été Séparé par la Géologie ?

The Atlantic basin situated in the Northern part of the country, holds a strategic place in the global economy given the systemic importance it represents. However, this area remains very heterogeneous with significant differences between the econ...

Morocco Brazil Economic Relations: Current Situation and Strategies for a Deeper Relationship

The bilateral trade between Brazil and Morocco is associated with the agricultural productive chain. This has a significant part that is involved with the export of agricultural raw materials by Morocco and the export of food products by Brazil. I...

Relations Maroc-Afrique Sub Saharienne: quel Bilan pour les 15 dernières Années ? / Morocco-Sub-Saharan Africa Relations: What does the Assessment/Balance Sheet for the last 15 years Reveal?

As part of its bilateral cooperation, Morocco has taken steps to develop its trade and investment in Sub Saharan African countries. The objective of this report is to analyze the economic impact of the efforts made in this direction by the Kingdom...

Structure des échanges entre le Maroc et l’Afrique: Une Analyse de la Spécialisation du Commerce / Trade Structure between Morocco and Africa: An Analysis of Trade Specialization

Over the last decade, Morocco has undertaken many reforms in order to successfully integrate into the global economy in general - and Africa in particular- with the aim of diversifying and strengthening its competitive potential in terms of export...

Linkages and Interdependence in Moroccan Regions

Input-output tables provide a rich source of information about the structure of economies that is not available from other frameworks. In addition to providing key information for the analysis of linkages between activities (and regions), the tabl...

Trade, Inequality and Morocco

International trade has become a pervasive feature of our lives, yet it remains controversial and resisted across the world. High and rising income inequality, which is often blamed on international trade, especially trade with China, is one reas...

Industrial Policy, Structural Change and Global Value Chains Participation: Case study of Morocco, Tunisia and Egypt

Morocco, Tunisia and Egypt (such as many other developing countries) have always considered pro-active industrial policies as an important means to upgrading their manufacturing sector. In an era of premature deindustrialization, the manufacturi...

Agricultural Trade and Food Security

The second United Nations Sustainable Development Goal (SDG2) includes the goal to: “End hunger and achieve food security and improved nutrition” by 2030. While such an ambitious goal will clearly involve a wide range of policies and actors, this ...

High-Value Agricultural Exports from Africa

African exports of high-value agricultural products, such as processed agricultural goods and horticultural products have been growing rapidly. Some observers seem to feel that expanding these exports might be key to generating the new export reve...

Different Dimensions of Brazil and Morocco Trade Flows: A Quantitative Assessment

Brazil and Morocco have been engaged in different forms of trade negotiations and committed to liberalize their trade, as they have concluded several bilateral and multilateral trade agreements whether within the WTO or in specific framework. Thi...

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