Economic Research Forum (ERF)

Thibault Lemaire

Author

Thibault Lemaire
PhD Candidate in Economics, Université Paris 1 Panthéon – Sorbonne

Thibault Lemaire is a PhD candidate in economics within the Sustainable Development Economics group at Université Paris 1 Panthéon – Sorbonne and works at Banque de France. His dissertation analyses the consequences of climate change for the conduct of monetary, exchange rate and macroprudential policies in developing countries. His research also focuses on informal labour and monetary and fiscal policy in developing countries. He holds a BSc in Economics from Toulouse School of Economics and a Master’s in development economics from Université Paris 1 Panthéon – Sorbonne.

Content by this Author

Civil conflicts and exchange rate misalignment

Civil conflicts can have devastating effects on a country’s population, physical capital and real sector. This column summarises new research that assesses the effect of civil conflicts on misalignment of the real exchange rate and concludes that the monetary and financial sectors are also affected by civil conflicts. The resulting currency overvaluation, in real terms, has strong implications for the post-conflict transition.

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Empowering Egypt’s young people for the future of work

Egypt’s most urgent priority is creating more and better jobs for its growing youth population. This column reports on the first Development Dialogue, an ERF–World Bank joint initiative, which brought together students, scholars, policy-makers and private sector leaders at Cairo University to confront the country’s labour market challenge. The conversation explored why youth inclusion matters, what the data show and how dialogue and the forthcoming Country Economic Memorandum can inform practical pathways to accelerate job creation.

Preparing youth for the workforce of the future

As economies undergo rapid digital and green transformations, young people face a growing mismatch between their skills and what the modern labour market needs. This column argues that enabling youth to compete in the workforce of the future requires systemic reforms in education, skills formation and labour market institutions, especially in developing economies.

Connectivity and conflict: understanding the risks of inequality in the Middle East

While high inequality does not always lead to conflict, new research reported in this column shows that widespread internet access acts as a catalyst, transforming economic grievances into political instability. For policy-makers in the Middle East and North Africa, this means that as digital connectivity expands, the security costs of ignoring economic disparities rise dramatically. The combination of idle youth, high inequality and high-speed internet is a volatile mix.

The political economy of stalled structural reforms in MENA

There is a persistent pattern to the structural reforms that are required to underpin economic progress in the countries of the Middle East and North Africa: ambitious strategies are announced and partially implemented, but ultimately they are diluted or reversed. This column argues that the repeated stalling of reform is not primarily a failure of economic design. Rather, it reflects deep-seated political economy constraints rooted in rent dependence, elite bargaining and weak institutional credibility. Without addressing these underlying dynamics, reform efforts are likely to remain symbolic rather than transformative.

Closing the gender gap in political participation in MENA

Women across the Middle East and North Africa participate less than men in politics – not only in political parties and elections, but also in petitions, boycotts, protests and strikes. This column reports evidence from ten countries showing that differences in education, employment and political attitudes explain part of this disparity, yet a significant gender gap remains.




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