Publications @en

Faut-il un nouveau contrat social ? En Asie, les pays qui semblent avoir le mieux fait face à la crise sont ceux qui ont déjà vécu profondément l’expérience de cet impératif moral lors de crises sanitaires précédentes. Mais dans un monde de demain où de telles crises risquent d’être récurrentes, le fait que certains des […]

Un coup dur pour les pays pauvres : Les IFD doivent monter au créneau Le Covid-19 s’est transformé en une crise économique majeure pour les pays à faibles revenus bien avant que la pandémie n’atteigne son point culminant dans ces pays. Et les mesures de confinement, partiel ou total, devraient entraîner des difficultés économiques supplémentaires […]

La gestion de la dette Les plus de 400 BPD dans le monde peuvent jouer un rôle essentiel non seulement pour minimiser le déclin économique et soutenir la relance, mais aussi pour financer la transformation structurelle, en contribuant à créer les fondations d’un modèle financier propice à une croissance équitable et durable, conformément aux objectifs […]

Do we need a new social contract? In Asia, the countries that seem to have coped best with the crisis are those that have already experienced this moral imperative in depth in previous health crises. But in tomorrow’s world, where such crises are likely to be recurrent, the fact that some of the best-resourced countries […]

A heavy blow for poor countries: DFIs need to step up The Covid-19 turned into a major economic crisis for low-income countries well before the pandemic peaked in these countries. And containment and lockdown measures are expected to bring additional economic hardship in countries where informal jobs make up for 75% or more of labour […]

Servicing debts The more than 400 PDBs around the world can play a vital role not only in minimising economic decline and supporting recovery, but also in financing structural transformation, helping to lay the foundations for a financial model that is conducive to an equitable and sustainable growth, in line with the 2030 Agenda’s Sustainable […]

This paper studies how decentralization affects poverty, vulnerability, and inequality in Morocco, in the context of ongoing regionalization reforms. We use different non-parametric approaches to assess spending efficiency of Moroccan municipalities and regions over the period 2005-2009. The results indicate that the efficiency of spending in improving pro-poor outcomes is dependent on the fiscal autonomy […]

The paper examines how the Government of Morocco has addressed the issue of decentralization in recent years and how these processes have evolved and affected fiscal and public policies. More specifically, this paper analyzes the current legislative and institutional provisions governing administrative, political and fiscal decentralization in Morocco and presents a detailed analysis of the […]

We examine the impact of rainfall variability and cyclones on schooling and work among a cohort of teens and young adults by estimating a bivariate probit model, using a panel survey conducted in 2004 and 2011 in Madagascar—a poor island nation that is frequently affected by extreme weather events. Our results show that negative rainfall […]

We examine how inflation targeting (IT) and fiscal rules (FR) affect inflation and fiscal performance in a large panel of countries during 1990–2009. In line with theory, both FR and IT appear to shape monetary and fiscal outcomes. Significant cross-effects seem to exist as IT strengthens fiscal performance, whereas the combination of FR and IT […]