Publications @en

September 2020 Un choc qui ébranle nos certitudes sur la résilience de nos sociétés : quelles réponses internationales ? Sébastien Treyer, Nicolas Berghmans

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 […]

September 2020 Ce que la crise économique du Covid-19 pourrait changer dans l’agenda du financement du développement Tancrède Voituriez

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 […]

September 2020 Le rôle des banques publiques de développement dans le soutien à la relance post-Covid-19 dans les pays émergents et en développement Maria Alejandr…

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 […]

September 2020 A shock that shakes our certainties about the resilience of our societies: what international responses? Sébastien Treyer, Nicolas Berghmans

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 […]

September 2020 What the Covid-19 economic crisis could change to the development finance agenda Tancrède Voituriez

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 […]

September 2020 The role of Public Development Banks in supporting the post-COVID-19 crisis recovery in emerging and developing countries Maria Alejandr…

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 […]

April 2018 [2018-5]Decentralization, spending efficiency and pro-poor outcomes in Morocco Maria EL KHDARI, Babacar SARR

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 […]

April 2018 [2018-4]Deconcentration, political and fiscal decentralization, in Morocco Maria EL KHDARI

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 […]

April 2018 [2018-3]School or work? The role of weather shocks in Madagascar Francesca MARCHETTA, David SAHN, Luca TIBERTI

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 […]

January 2018 [2017-0]INFLATION TARGETING, FISCAL RULES AND THE POLICY MIX: CROSS-EFFECTS AND INTERACTIONS Jean-Louis COMBES, Xavier DEBRUN, Alexandru MINEA, René TAPSOBA

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 […]