Africa

15 Items

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Analysis & Opinions - Bloomberg Opinion

After Oil: Throwing Money at Green Energy Isn’t Enough

| Sep. 17, 2020

The geopolitical and geo-economic forces wrought by the coronavirus pandemic, as examined previously in this series, are likely to slow the transition to a more sustainable global energy mix. Fortunately, the pandemic has also resulted in governments gaining vastly greater influence over whether this shift stalls or accelerates.

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Analysis & Opinions - Bloomberg Opinion

Pandemic Is Hurting, Not Helping, Green Energy

| Sep. 16, 2020

For most people, there was nothing to celebrate when the International Monetary Fund downgraded its outlook for global economic growth in June, anticipating a contraction of 4.9% for 2020. Yet for others, such as the small but persistent group of economists and others known as the “degrowth movement,” the Covid-induced economic slowdown has a silver lining.

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Analysis & Opinions - Global Policy

Factoring Pandemic Risks into Financial Modelling

| Apr. 01, 2020

Today’s economic crisis leaves us with an unsettling and perplexing regret. Why weren’t financial portfolios already adjusted for risks that stem from health events such as pandemics? After all, financial portfolios are adjusted for liquidity risks, market risks, credit risks, and even operational and political risks.

Blog Post - Views on the Economy and the World

Fiscal Education for the G-7

| May 26, 2016
As the G-7 Leaders gather in Ise-Shima, Japan, on May 26-27, the still fragile global economy is on their minds.  They would like a road map to address stagnant growth. Their approach should be to talk less about currency wars and more about fiscal policy.Fiscal policy vs. monetary policyUnder the conditions that have prevailed in most major countries over the last ten years, we have reason to think that fiscal policy is a more powerful tool for affecting the level of economic activity, as compared to monetary policy.

Rewriting the Arab Social Contract

Report

Rewriting the Arab Social Contract

| May 16, 2016

During the fall 2015 semester, former Minister Hedi Larbi convened eight distinguished experts, each with direct operational and academic experience in Arab countries and economies to participate in a study group titled Rewriting the Arab Social Contract: Toward Inclusive Development and Politics in the Arab World. Over the course of seven sessions during the semester, these experts contributed  to an integrated approach to the historical, social, political, and economic dimensions of the Arab uprisings, focusing in particular on the often overlooked economic and social issues at the root of the uprisings.

A soldier stands guard as Jerry Rawlings, AU envoy to Somalia, unseen, speaks to displaced people. The Horn of Africa is suffering a devastating drought compounded by war, neglect, and spiraling prices.

AP Photo/Farah Abdi Warsameh

Journal Article - Quarterly Journal: International Security

Climate Wars? Assessing the Claim That Drought Breeds Conflict

    Authors:
  • Ole Magnus Theisen
  • Helge Holtermann
  • Halvard Buhaug
| Winter 2011/12

Climate change will most likely impose great hardships on Africa’s agrarian societies in the coming years, but new research suggests that, despite current thought, it will not increase the likelihood of civil war. The concern that scarcity will breed conflict is understandable, but the data show that civil war is more highly correlated with other factors, such as high infant mortality, proximity to international borders, and high local population density. Climate shocks are certain to increase the suffering of marginalized societies in other ways, which makes it all the more important that we do not militarize the issue lest fear limit immigration and relief efforts.