Centre for the Study of the Economies of Africa (CSEA)’s Post

Edelman Trust Barometer Global report gives interesting results on trust in the context of innovations. Some results: -         Business Trusted in 15 of 28 Countries (Malaysia and Nigeria going most up, more down UK and South Korea) -         NGOs Trusted in 12 of 28 Countries (most in India, Kenya and Nigeria, less in UK, Sweden, Germany and Japan) -         Government Distrusted in 17 of 28 Countries (most trusted in Malaysia and Thailand, less Columbia and UK) -         European Union Distrusted in 12 of 28 Countries (China, India, Thailand, Ireland trust but Saudi Arabia and Sweden don´t !) -         United Nations Trusted in 11 of 28 Countries (all earlier trusted countries coming down except Sweden, Italy & Argentina distrust) -         Media Distrusted in 15 of 28 Countries (most increased is India and less UK See more: https://lnkd.in/dTJyNbi5

Bredec Group Powering Africa's Digital Future: AU Ministerial Meeting set to ignite Digital Transformation in Africa - African Union: Powering Africa's Digital Future: AU Ministerial Meeting set to ignite Digital Transformation in Africa  African Union Inquiry@bredec.com

Artificial Intelligence (AI) portends the potential to catalyze industrial productivity, with labor market disruptive tendencies in selected industrial sectors. African Ministers Adopt Landmark Continental Artificial Intelligence Strategy, African Digital Compact to drive Africa’s Development and Inclusive Growth. #Agenda2063

What a great informative and thought provoking article. Great work from Linda Restrepo Faculty of knowledge. Tnx Prof. Silverio Allocca for your learned input BRICS have been working on replacing the USD as the fundamental currency for international trade. Interesting, as USA has run a deficit budget for decades based on the premise that there are more USD outside of USA than there are inside! China and the APEC have "Shed loads" of them... that has kept relative stability for USD.. No point dumping USD as you'll shoot yourself in the foot. However.. Eyes wide open y'all, We need minds unblinkered, So we can challenge the paradigms that go back to the days of the Marshall Plans that rebuilt the World after WW2...

Ever since I met and heard Adam Tooze a couple of years in Delhi I have been drawn in by his research and analytics based commentaries on various contemporary subjects. Sharing this particularly incisive one on how Europe is falling behind on some of the hottest growth and innovation areas despite deep starting advantages. It essentially draws on Mario Draghi's report on European competitiveness. At KPMG's International Partner Conference earlier in the week the stark statistic was brought to the fore by one of our guest speakers. The US economy which was roughly the same as EU in 2009 has since doubled. Europe in contrast has barely inched beyond the USD 15 trillion it was then. As Adam mentions the big difference is tech, and the gap is only set to expand because of fundamental differences in regulatory/competition philosophy, which in the short term is good for customers, but a killer of investments and economic growth. Food for thought. https://lnkd.in/dxRRZXRw

Artificial Intelligence (AI) is a formidable technology with the potential to boost industrial output and productivity. At the same time, if left unbridled, it could significantly disrupt the labor market and our social fabric. A human-centric & ethical AI is important.

📢 Exciting news! The Inter-American Development Bank is revolutionizing economic research dissemination with the introduction of AI-powered interactive flagship reports. 🤖📈 Starting with the 2024 Latin American and Caribbean Macroeconomic Report, users can now engage in real-time dialogue with report content, asking questions and exploring scenarios to uncover actionable insights. The IDB plans to extend this cutting-edge approach across its flagship publications, covering topics from education and fiscal policy to climate change. 🌍📚 But that's not all - in the future, users will be able to seamlessly combine findings from multiple IDB reports to generate bespoke summaries tailored to their needs. 🔍📊 This marks a new era of accessible, relevant, and impactful economic research. Read more about this groundbreaking initiative and its potential to transform policymaking, investment decisions, and advocacy efforts in our latest blog post: https://lnkd.in/eDAVkK23 The IDB is proud to be at the forefront of leveraging technology to empower stakeholders with the knowledge they need to build a more prosperous and sustainable future for Latin America, the Caribbean, and beyond. 🌴🌎 Stay tuned for more interactive reports to come! 📅✨

𝗕𝗘𝗛𝗜𝗡𝗗 𝗧𝗛𝗘 𝗕𝗥𝗜𝗖𝗦 𝗖𝗨𝗥𝗧𝗔𝗜𝗡: 𝗪𝗛𝗔𝗧’𝗦 𝗥𝗘𝗔𝗟𝗟𝗬 𝗛𝗔𝗣𝗣𝗘𝗡𝗜𝗡𝗚? 𝗘𝗫𝗣𝗟𝗢𝗥𝗜𝗡𝗚 𝗕𝗥𝗜𝗖𝗦: 𝗔 𝗦𝗣𝗘𝗖𝗜𝗔𝗟 𝗥𝗘𝗣𝗢𝗥𝗧 𝗕𝗬 𝗣𝗥𝗢𝗙𝗘𝗦𝗦𝗢𝗥 𝗦𝗜𝗟𝗩𝗘𝗥𝗜𝗢 𝗔𝗟𝗟𝗢𝗖𝗖𝗔 In light of BRICS' recent expansion, our 𝗦𝗣𝗘𝗖𝗜𝗔𝗟 𝗥𝗘𝗣𝗢𝗥𝗧 by Professor Allocca has gained renewed significance. This in-depth analysis delves into the intricate dynamics of this influential bloc. Regardless of one’s stance on the policies of Brazil, Russia, India, China, and South Africa, it's undeniable that as a collective, BRICS plays a pivotal role in shaping global economics and politics. As a global technology publication, 𝗜𝗻𝗻𝗲𝗿 𝗦𝗮𝗻𝗰𝘁𝘂𝗺 𝗩𝗲𝗰𝘁𝗼𝗿 𝗡𝟯𝟲𝟬™ is committed to offering 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗱𝗶𝘃𝗲𝗿𝘀𝗲 𝘃𝗶𝗲𝘄𝗽𝗼𝗶𝗻𝘁𝘀. Understanding BRICS is crucial because, whether we agree with their policies or not, their impact on international affairs and the global economy is profound and cannot be overlooked. 𝗧𝗵𝗲 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗣𝘂𝘀𝗵 𝘁𝗼 𝗗𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗲 𝘁𝗵𝗲 𝗨.𝗦. 𝗗𝗼𝗹𝗹𝗮𝗿 A central theme at the summit—and a focus of this report—is how 𝗖𝗵𝗶𝗻𝗮 𝗮𝗻𝗱 𝗥𝘂𝘀𝘀𝗶𝗮 are driving efforts to 𝗱𝗲-𝗱𝗼𝗹𝗹𝗮𝗿𝗶𝘇𝗲 𝗶𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝘁𝗿𝗮𝗱𝗲. By creating 𝗮𝗹𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝘃𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘀𝘆𝘀𝘁𝗲𝗺𝘀, their goal is to reduce dependency on the U.S. dollar, minimizing the impact of sanctions imposed by the U.S. and increasing their financial autonomy. 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 𝗮𝗻𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗗𝘆𝗻𝗮𝗺𝗶𝗰𝘀 With the addition of new members like 𝗘𝗴𝘆𝗽𝘁, 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮, 𝗜𝗿𝗮𝗻, 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮, 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗨𝗔𝗘, BRICS is expanding its appeal to nations seeking alternatives to Western-dominated financial systems. However, questions remain: 𝗖𝗮𝗻 𝗖𝗵𝗶𝗻𝗮 𝗮𝗻𝗱 𝗥𝘂𝘀𝘀𝗶𝗮 𝗽𝗿𝗼𝘃𝗶𝗱𝗲 𝘁𝗵𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘀𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 that smaller, less secure economies need? Professor Allocca examines whether the expectations of new BRICS members can truly be fulfilled. 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗠𝗮𝘁𝘁𝗲𝗿𝘀 𝗜𝗻𝗻𝗲𝗿 𝗦𝗮𝗻𝗰𝘁𝘂𝗺 𝗩𝗲𝗰𝘁𝗼𝗿 𝗡𝟯𝟲𝟬™ remains dedicated to delivering 𝗳𝗼𝘂𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗸𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 𝗮𝗻𝗱 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗽𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲𝘀 that empower our readers to make sense of global events. 𝗝𝗼𝗶𝗻 𝘁𝗵𝗲 𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗮𝘁𝗶𝗼𝗻 Stay informed, stay ahead, and join us as we explore the ripple effects of the 𝟭𝟲𝘁𝗵 𝗕𝗥𝗜𝗖𝗦 𝗦𝘂𝗺𝗺𝗶𝘁 and the strategic shifts it represents. Linda Restrepo Editor in Chief #BRICS, #GlobalEconomy, #Geopolitics, #DigitalCurrency, #FinancialIndependence, #EconomicIntegration, #ChinaRussia, #BlockchainTechnology, #EmergingMarkets, #GlobalFinance, #EconomicDevelopment, #StrategicAlliances, #InternationalTrade, #DecentralizedFinance, #InnerSanctumVectorN360

What is the place of the #MiddleEast in the emerging international order? Read our Associate Fellow Anahita Motazed Rad's article, as part of a recently collected research report by LSE IDEAS, to find out more > https://lnkd.in/e2w8kAxn

CountryRisk.io: How we’re leveraging AI to make analysts be more productive and enhance the quality of analysis. The Inter-American Development Bank’s initiatives resonate with ours so closely. Here’s a snapshot of what we’ve got: Research - Librarian: Is an AI agent that can return the relevant documents and answers based on the client specific knowledge base/content. - Strategic question decomposition: If the analyst needs to answer a question like “What is the long-term growth potential of France 😉?”, this agent supports the analyst with decomposing the question into contributing factors (e.g. What are the trends in labor supply?) and subsequently into signals (e.g. What are trends in migration? What are trends in demographics?) and finally searches for information to assess the signals. - News agent fetches recent news articles for a specific question and summarizes them. - Economic narrative: AI agent summarizes the economic narrative for a country and how it has changed over time. - Qualitative assessments: Based on user guidance for how to think about a specific aspect (e.g. fiscal performance), the AI agent searches for information and then makes a qualitative statement and quantitative assessment that can be used for the rating analysis. Drafting & Writing - Writer AI agent produces research report based on the user prompt or a given report structure. The structure defines the sections to be included and data sources that are allowed to be considered. This is useful for the mass-production of standardized reports. Communication & Distribution - APIs: Quantitative data (e.g. forecasts or country risk scores) can be distributed to other systems or clients via APIs. - Users can also ask semantic questions and let the AI answer it based on the quantitative data and texts. We strongly believe that AI can support a lot when repackaging/rewriting of content for different use cases is required; a paragraph on a country for the reporting team; update for a marketing presentation or even for a senior management briefing. Data management - CountryData.io is stand-alone platform for economic data management that is capable of ingesting structured and unstructured data. We built it because we required a data platform that can also handle non-numeric data (i.e. categorical and text) and ensures data quality through review & approval processes. - PDF to CSV: A little helper implemented as AI Agent to extract tabular data from a PDF and save it as spreadsheet. Bernhard Obenhuber