Events

12:30 - 14:00, Siège OCP, Casablanca

Six years after the outbreak of the Great recession, 2014 has been significantly weaker than expected, and the prospects for a durable recovery remain murky.  Not only are the giant economies of the Eurozone and Japan are at risk of a relapse into recession, but large parts of the emerging world have slowed to a crawl. Geopolitical and internal tensions are now holding back countries in an arc that stretches from Russia to Ukraine and to Egypt and Afghanistan. Yet, the United States and the United Kingdom appear firmly set on a complete recovery path and growth in China and India and in many countries of Asia and Africa is holding up. The seminar will examine two major issues: will a broad-based global recovery finally take hold in 2015-16, or will the economic outlook darken again? And does slower growth in large parts of the developing world signal the end of a remarkable 25 –year process of convergence towards the income level of advanced countries? 

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