The real exchange rate alone cannot decide the fate of growth. The wider and less aggregative the model adopted, the lower is the effect of a currency depreciation. Especially when the depreciation monitored over a long period of time and integrated into the behaviour of economic actors. In the...

The goal of this paper is to gauge the impact of the expected oil price increase on the potential output growth of the French economy in the long run. This potential output exercise is conducted using CES (Constant Elasticity of Substitution) production functions featuring three factors:...

The recent crisis should not be used to prouve the failure of the entire financial system. Global banking systems are regulated by rules, that have not been applied correctly all over the place. And just one "hole" in the regulatory net is sufficient to make it useless.

This paper is part of a large research agenda by our Institute on the causes and consequences of moroccan corruption . This paper analyzes theoretically and empirically the main determinants of firms corruption in Morocco firms in the formal sector. It is shown that the presence of rents linked...

The management and protection of these SCADA systems must constantly evolve towards integrated decision making and policy driven by cyber security requirements. The current research stream in this domain aims, accordingly, to foster the smartness of the field equipment which exist through the...

This conference provides an opportunity to examine how regulators collaborate with each other in the UK and compare this with the experiences of our European neighbours. This paper discusses: • the relationship between competition and regulation, as well as the way regulators use their powers;...

In 2020, Cameroon began the implementation of the second phase of its long run development strategy, the National Development Strategy 2020-2030 (NDS 30). Development Strategy 2020-2030 (NDS 30). The NDS 30 aims at the structural transformation of the economy. One of the tools that would...