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Energy Security Value Chain: A New Challenge for China?

Bouchra Rahmouni | Posted : October 19, 2018

There are various definitions of Energy Security (ES) and numerous ways of understanding the concept. For this blog’s purpose, we will choose the familiar understanding of the latter as put forward by the George W. Bush Administration, i.e. it represents a situation where four characteristics are met, an energy supply that is:
(1) Reliable (2) affordable (3) environmentally sound and (4) accessible. 

Energy in Africa: Challenges and Opportunities

Manfred Hafner , Simone Tagliapietra , Lucia de Strasser | Posted : October 04, 2018

This blog post summarizes the key findings of the new book Energy in Africa: Challenges and Opportunities, co-authored by Manfred Hafner, Simone Tagliapietra and Lucia de Strasser of the Italian think-tank, Fondazione Eni Enrico Mattei. The book, published by Springer, is freely available online.

Space and Debris

Helmut Sorge | Posted : October 03, 2018

TEARS OF JOY CHANGED INTO THOSE OF PAIN

January 28, 1986. It was just another day in the whirlpool of news and speculations of a new Foreign Correspondent to be assigned to the White House. Shivering on his way to the most important political center of the Western World, resisting arctic cold and snow on the way to work, hardly ever seeing the President himself. Instead, he found himself on this fateful day in a rendez-vous with Tom Foley, majority leader in the House of Representatives, a classic and classy democrat, honest and liberal, stamped by dignity and selected language and never close to the gutter as some politicians in the US capital these days.

Infrastructure: Can Africa learn from Morocco?

Uri Dadush | Posted : September 21, 2018

This blog is based on remarks delivered at the Think-Tank Summit in Buenos Aires on 18 September 2018 held under the G-20’s Argentine Presidency. 

Africa has an enormous infrastructure gap that impedes its development. The Compact with Africa (CwA) is an international policy initiative sponsored under the German presidency of the G-20 in 2017 designed to bridge that gap. Intended to draw in the private sector in developing Africa’s infrastructure through a combination of Private-Public Partnerships (PPP) and blended finance, the CwA involves the public sector of a dozen African countries have volunteered to join the initiative, and international organizations such as the African Development Bank and various donor agencies. Though the initiative has built up momentum among policy-makers since its launch, the participation of the private sector has been noticeably weak. 

How to heal the Brazilian economy

Otaviano Canuto | Posted : September 18, 2018

If I were to synthesize the current situation of the Brazilian economy in one sentence, I would say: “it is suffering from a combination of ‘productivity anemia1 and ‘public sector obesity2’". On the one hand, the mediocre performance of productivity in Brazil in recent decades has limited its GDP growth potential. On the other, the gluttony for expanding public spending has become increasingly incompatible with such limits in the potential expansion of GDP, particularly since the former has not been achieving socioeconomic results that match such appetite.

Is Digitalization the Future of Energy in Africa?

Rim Berahab | Posted : September 05, 2018

As the world is shifting away from conventional fossil fuels towards renewable energy sources, the power industry is starting to invest more in sustainable clean energy installations rather than the traditional large-scale infrastructures, which rely mainly on oil and coal. 

Besides its environmental benefits, this shift to renewables is very likely to benefit economic growth as well. A recent study of the International Renewable Energy Agency shows that, indeed, doubling the share of renewables in the energy mix by 2030 would lead to a rise of global Gross Domestic Product (GDP) up to 1.1 percent. It would also improve global welfare by 3.7 per cent and support the creation of over 24 million jobs in the sector all over the world.

What will it take to realize the promise of the African Continental Free Trade Area?

Anabel Gonzalez | Posted : August 30, 2018

The agreement establishing the African Continental Free Trade Area (AfCFTA) is a framework to create a free trade area across the region, bringing together the 55 members of the African Union into a continental market with a cumulative Gross Domestic Product (GDP) exceeding US$2.2 trillion and a total population of over one billion people. When concluded and successfully implemented, it will become the largest free trade area in the world in terms of membership, opening up significant opportunities for people and firms from the region and beyond. In signing the AfCFTA, African leaders have taken a very bold step. To convert their vision and political will into a full-fledged agreement that delivers on its promise will require hard work and tough decisions, in particular to maximize impact, bring many Africans to benefit and make the agreement work. 

No Women, No Growth – The Case for Increasing Women’s Leadership in Latin America

Otaviano Canuto , Paula Tavares | Posted : August 27, 2018

Latin America is up against a momentous year on multiple fronts. On one hand, game-changing national elections in six countries, including three of its largest – Brazil, Mexico and Colombia – are poised to reshape the political scenario in the region. In parallel, the economic agenda is front and center of countries’ efforts to overcome imbalances, implement reforms and accelerate growth. As a backdrop to all this, an important feminist movement is unfolding on the heels of a year marked by discussions on gender equality, with critical implications on both the political and economic spheres.