According to latest estimates, the economy grew by 2.0 percent in 2020, 4 percentage points less than projected before the onset of COVID-19 (coronavirus). The primary sector grew by 5.2 percent, supported...
The twin shocks of the pandemic and the coup pushed the economy into a recession in 2020. Real GDP is estimated to contract by 2.0 percent (4.9 percent in per capita terms) in 2020. The containment measures...
The twin shocks of the pandemic and the coup pushed the economy into a recession in 2020. Real GDP is estimated to contract by 2.0 percent (4.9 percent in per capita terms) in 2020. The containment measures...
According to latest estimates, the economy grew by 2.0 percent in 2020, 4 percentage points less than projected before the onset of COVID-19 (coronavirus). The primary sector grew by 5.2 percent, supported...
Growth remained robust in Mali in 2019 despite the exacerbated violence in the northern and central regions. Real GDP growth reached 5.1 percent in 2019 (1.9 percent per capita) compared with 4.7 percent...
Ethiopia's framework for managing its monetary and foreign exchange policy has relied on some standard instruments of financial repression. Over time, the framework has led to the buildup of large macro-financial...
This paper studies the effect of market distortions in the manufacturing sector in Morocco. Recent microdata are used to calculate the extent of resource misallocation associated to these distortions and...
Morocco has made undeniable progress over the past fifteen years not only in the economic and social spheres, but also in the areas of personal freedoms and civil and political rights. These achievements...
Morocco has made undeniable progress over the past fifteen years not only in the economic and social spheres, but also in the areas of personal freedoms and civil and political rights. These achievements...
Morocco has made undeniable progress over the past fifteen years not only in the economic and social spheres, but also in the areas of personal freedoms and civil and political rights. These achievements...
Morocco has made undeniable progress over the past fifteen years not only in the economic and social spheres, but also in the areas of personal freedoms and civil and political rights. These achievements...
Morocco has made undeniable progress over the past fifteen years not only in the economic and social spheres, but also in the areas of personal freedoms and civil and political rights. These achievements...
The forces unleashed by the Arab political awakening have the power to be transformational. One critical parameter of success will be whether the Arab political awakening is accompanied by a concurrent...
Trade finance matters for trade, and when financial markets and world trade collapsed three years ago, a shortage in trade finance was hailed as a possible culprit. Because of the potential for global...
Regional integration is increasingly recognized as a key avenue for promoting economic growth and reducing poverty. Preferential trade agreements (PTAs) have become a central instrument of regional integration...
The bursting of the subprime mortgage market in the United States in 2008 and the ensuing global financial crisis were associated with a rapid decline in global trade. The extent of the trade collapse...
Twenty years after the revolutions of Central and Eastern Europe, the Arab Spring is again raising some fundamental questions about the place of freedom and entitlement in development. Depending on the...
Reviewing the economic performance -- good and bad -- of more than 100 countries over the past 30 years, this paper finds new empirical evidence supporting the idea that economic freedom and civil and...
The current political turmoil for more open and participative societies in many Arab countries coupled with the emergence of new growth poles around the world could create the conditions for a big push...
This paper takes stock of the growing success of preferential trade agreements. It revisits what are the defining characteristics of modern preferential trade agreements, which are typically pursued for...