Macroeconomic Policy and Environmental Challenges

Highlighting the role of monetary integration and financial systems in development, and analysing the specific features of fiscal, monetary, and exchange rate policies in low-income countries.


FERDI's work focuses on understanding the role of economic and monetary integration in development, evaluating the impact of monetary and exchange rate policies on competitiveness, and examining the role of the financial system in development. 

In these areas, FERDI collaborates closely with CERDI, the Banque de France, WAEMU, and CEMAC.

Objectives

↪ To contribute to research on monetary policies in developing countries.

↪ Tp investigate the factors that influence African participation in global value chains.

↪ To contribute to research on financial structures and development in partnership with the Banque de France. 

Latest Achievements

↪ After assisting in the establishment of the Macroeconomic Helpdesk for the European Commission's General Department for International Partnerships in 2022, Grégoire Rota-Graziosi is leading the project's expansion. Supported by FERDI in 2023, this internal macroeconomic and financial analysis tool has produced various reports and policy briefs on topics such as budget risk management, green budgeting, and de-dollarization, and organized webinars for EU Commission staff.

↪ Research on the connections between exchange rate policy and climate change was presented and discussed at the International Symposium organised by the Central Bank of Madagascar in Antananarivo. 

↪ Jaime de Melo and Marcelo Olarreaga edited a special issue of The World Economy dedicated to the symposium on supply chain trade in Africa. The issue is titled "Supply Chain Trade in Africa: Retrospect and Prospect," vol. 46 (issue 11).

↪ FERDI and the Banque de France continue their collaborative efforts to produce studies and organise conferences and seminars.

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