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Sylvain Bellefontaine

Country Risk Economist
Researcher
Expertise : Development economics, country risk analysis, macroeconomics, public policies, financial sector, climate risks
Country and region : Africa, Nigeria, Latin America, Mexico, Eurasia and Beyond, China, Türkiye
Theme : Financial Systems, Climate, Governance, Fighting Inequalities
Economist Sylvain Bellefontaine is responsible for monitoring the international economy and serves as the point of contact for climate risks. He focuses in particular on China, Türkiye, Mexico, and Nigeria.
Sylvain Bellefontaine is an economist on the team responsible for assessing country risk in AFD’s countries of intervention, where he focuses on China, Türkiye, Mexico and Nigeria. He coordinates the MacroDev Semestrial Panorama series and oversees international economic trends, as well as climate risks.
RESEARCH PROGRAMME
Before joining AFD in 2019, Sylvain Bellefontaine spent 13 years as a senior economist in the Emerging Economies and Country Risk Department of BNP Paribas, responsible for Latin America, Turkey and Central and Eastern Europe.
He holds a DEA in economics (with a focus on European affairs) from the University of Lille I and a Master’s Degree in Development Economics and International Project Management from the University Paris XII.
He taught macroeconomics and country risk analysis at the Rabat School of Governance and Economics and at the University of Paris XII in 2013-2014, and at the University of Paris-Dauphine since 2015.
Media appearances (in French)
- « En Argentine, le pari à haut risque de la dollarisation », Le Figaro, December 2023
- « La politique monétaire, enjeu crucial des élections en Turquie », Les Echos, May 2023
- « Turquie : pourquoi l'économie est un enjeu majeur de l'élection présidentielle ? », Le Monde, May 2023
- « Elections sur fond de crise au Nigeria : qui pour succéder à Muhammadu Buhari ? », France 24, February 2023
Other articles
- « États-Unis/Chine : désescalade ou déflagration ? », The Conversation France, April 2025
- « À l’aube d’un nouvel ordre mondial façonné par la rivalité sino-américaine », The Conversation France, February 2025
Podcast
- « Economie internationale : nouvelle donne sur fond de déjà vu », "Grandes lignes" Podcast, September 2023
Publications






