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The COP climate and biodiversity negotiations often focus on the issue of the financial resources that are mobilized or need to be mobilized for action and investment related to the climate or biodiversity. The succession of recent crises and global events (Covid-19, war in Ukraine, inflation...

Since the last edition of our publication MacroDev Semestrial in February 2023, international economic developments have remained eventful and intense, against the backdrop of the continued global geopolitical reconfiguration. They are not without consequences for emerging and developing...

The dual shock of the health crisis and the war in Ukraine has pushed up inflation to an extent not seen in developed countries since the 1979 oil shock and the Iran-Iraq war. This shock has put an end to two decades of disinflation imported from China and other emerging and developing countries...

The rise in commodity prices had already been happening since mid-2020 and is subject to an in-depth analysis in this third issue of the semi-annual MacroDev Panorama. The objective is to place the dramatic increase in prices observed in the spring in a historical perspective and question...

The paper proposes an empirical analysis of the determinants of the adoption of intellectual property rights (IPR) and their impact on innovation in manufacturing. The analysis is conducted with panel data covering 112 countries. First, we show that IPR enforcement is U-shaped in a country's...

An increased recourse to financing from the domestic banking sector has proved to be an important source of resilience for many developing countries in their efforts to face expenditures generated by the Covid-19 crisis. The second issue of MacroDev Semestrial Panorama offers an analysis of the...

Semestrial Panoramas are special issues of the MacroDev series written by AFD analysts; They present a synthesis of macronomic et socioeconomic analyses of emerging and developing countries. In addition to short, country-focused articles, a thematic section sheds light on broader economic and...

This paper studies how the signaling of the credence attributes of consumer goods distorts their market equilibrium in developing countries. Costs of certification, sunk in order to achieve credibility, play a keyrole in producing an oligopolistic market, leading to high prices that form a...

The paper studies the impact of market integration on investment incentives in non-competitive industries. It distinguishes between investment in transportation and production cost-reducing technologies.

A recent study undertaken by COWI, a Danish consultancy, and co-financed by the French Ministry of Foreign Affairs and the Agence Française de Développement examines the potential financial frameworks for a future United Nations Environment Organisation (UNEO), according to the possible future...

The paper analyzes the costs and benefits of private participation in the electricity and water industries in SubSaharan Africa. Contrary to conventional wisdom, the participation of private unregulated firms in the supply of services for the middle class and poor is fairly common in the region....