2023-09-22 19:29:20
The Policy Center for the New South (PCNS) unveiled, Friday in Rabat, its annual report on the African economy 2022, which highlights the economic dynamics of the continent at different levels.
Presented during the second day of the Africa Economic Symposium (AES) 2023, the 4th edition of this report focuses on a very topical theme, namely the consequences of uncertainties and risks, both health and climate and security, on the economies of the African continent.
This is an invitation to take a reasoned step back from current concerns while measuring the risks and highlighting the potential for economic and social development of Africa. Speaking on this occasion, the senior fellow at PCNS, Larabi Jaïdi, who directed the work of this report, indicated that the latter is the fruit of collective work, involving more than 30 researchers who spanned different current themes.
Like the reports previously published by the PCNS, this work also follows well-defined principles, noted Mr. Jaïdi, specifying that it is first and foremost a matter of translating an intellectual ambition and providing a relevant and rigorous on the continental economy or African economies, while the second principle concerns the desire to allow this report to contribute to the PCNS’s ever-expanding portfolio of publications.
And to continue that this work also aims to highlight the challenges to be met which are likely to bring added value to the production that exists in the African economy, and this by following an innovative approach as a think-thank to open up new avenues of reflection.
In the first part of the report, a central question runs implicitly in the five articles which deal with macro-economic, social or sectoral aspects, namely the sources of vulnerability of Africa as well as the risks of deterioration of the global economic prospects which They nevertheless continue to weigh on the development of the African economy.
In the second part relating to the seven Regional Economic Communities (RECs), the articles selected question both the regional integration processes under construction and their future. The third part of the book takes stock – five years after the summit which recorded the decision to create the AfCFTA and two years after its establishment – on the developments of this mega-project.
By way of epilogue, the report presents a critical reflection on the meaning of the concept of uncertainty which has established itself as a benchmark of the triple crisis shock that the world economy is experiencing today.
At the Africa Economic Symposium (AES) 2023 organized by the PCNS, discussions focused on the challenges of Africa’s macroeconomic stability as well as the role of science, technology and innovation in the economic development of the continent. The various speakers at this meeting highlighted the complex macroeconomic policy landscape currently facing African decision-makers.
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