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Morocco/Mauritania: Common Strategic Interests

Morocco and Mauritania enjoy geographical proximity conducive to trade and cooperation. Moreover, the high stakes currently at play in the Sahel-Saharan strip and the role played by Morocco and Mauritania in Africa at both the political and economic…

Uneven Integration: The Case of Angola

Angola’s prospects for reconstruction and development of its poor connectivity infrastructure are heavily dependent upon the export performance of its oil sector. Using an interregional input-output table for Angola, we estimate comprehensive measur…

L'Aeronautique au Maroc: Histoire d’un succès inattendu / Aeronautics in Morocco: Story of Unexpected Success

The Moroccan aeronautical ecosystem represents one of the most beautiful industrial success stories in a developing country. Of course, Morocco does not produce aircraft. The global market for aviation is dominated by a duopoly consisting of the Ame…

Africa's Integration: Not an Option, but an Imperative

Implementation of AfCFTA brings with it prospects of freer trade within the continent, and the development of Africa’s internal markets. AfCFTA has the potential to generate jobs, lift wages, spur innovation, increase competition, create wealth, gen…

Relations between Morocco and Sub Saharan Africa: What is the Potential for Trade and Foreign Direct Investment? / Relations Entre le Maroc et l’Afrique Sub Saharienne : Quels Potentiels pour le Commerce et les Investissements Directs étrangers ?

Central banks of large advanced and many emerging market economies have recently gone through a period of extraordinary expansion of balance sheets and are all now possibly facing a transition to less abnormal times. However, the fact that one group…

Chinese Investors in Ethiopia: The Perfect Match?

The paper's objective is to examine why and how Chinese investments have developed in Ethiopia and how this impacted on the country. In particular, it seeks to assess whether Ethiopia is a case of a win-win partnership, focusing in particular on the…

Argentina’s Shifting Politics: New Prospects for Collaboration with Africa?

Mauricio Macri, Argentina’s new president, has many challenges ahead. In the initial 10 months of his government, he has devalued the currency, lifted significant trade and capital barriers, and launched conversations with international investors …

Multilateralism: What is the Political (Geo) Resonance for Steel? / Multilatéralisme : Quelle Résonance (Géo) Politique pour l’acier ?

While energy products are clearly at the heart of geopolitical relations, other commodities cannot be neglected to explain certain developments in the international economic and political scene. Steel has been one of these since the 19th century. Wh…

Africa-Atlantic Integration: Can the Economy Unite What Geology has Divided? / L’intégration Afrique-Atlantique : L’économie peut-elle Réunir ce qui a été Séparé par la Géologie ?

The Atlantic basin situated in the Northern part of the country, holds a strategic place in the global economy given the systemic importance it represents. However, this area remains very heterogeneous with significant differences between the econom…

Morocco Brazil Economic Relations: Current Situation and Strategies for a Deeper Relationship

The bilateral trade between Brazil and Morocco is associated with the agricultural productive chain. This has a significant part that is involved with the export of agricultural raw materials by Morocco and the export of food products by Brazil. Int…

L'intégration économique en Afrique: un Processus en cours / Economic Integration in Africa: an Ongoing Process

Throughout the world, regional economic integration is accelerating growth and brings a range of benefits linked to improved political cooperation, increased intra-regional trade and job creation. Regions that are more integrated have demonstrated g…

What Happened to World Trade?

Since the aftermath of the global financial crisis, 2015 can be regarded as one of the worst years for world trade, with figures exhibiting a decline of almost 14% in dollar value terms. In fact, world trade volumes have lagged behind GDP growth sin…

Rethinking the Mediterranean Strategic Agenda in an Evolving Environment

The initiation of the Euro-Mediterranean Partnership had the aim to build a space of shared prosperity and security among all the countries in the region. The objective's achievement, however, continues to be challenged by several geopolitical, econ…

Industrial Policy: A Guide for the Perplexed

International trade, which has become a pervasive feature of our lives, remains controversial and resisted across the world. High and rising income inequality, which is often blamed on international trade, especially trade with China, is one reason.…

Managing Natural Resources: an Attempt to Clarify the Debate

The Management of natural resources is a matter of great importance, both politically, socially, environmentally and economically. The subject is, though, vast and varied and sufficiently legitimate to clarify the terms of the debate. Since it obvio…

The Future of Globalization

Despite the threat posed by protectionism, right-wing nationalism and left wing populism – there is not yet an end to globalization, but rather a continuation which is the most likely scenario and perhaps even acceleration, as the world catches up o…

Using Foreign Direct Investment to Upgrade and Diversify Exports from Morocco: Opportunities and Challenges in Comparative Perspective

Developing countries that manage to upgrade and diversify their export profile grow more rapidly and achieve greater welfare gains than countries that simply export larger volumes of what they have traditionally produced. This discussion paper ex…

Capital Accumulation and Productivity gains in Morocco

The continuous and reinforced process of accumulating physical capital, in which Morocco has embarked since the early 2000s, has helped to preserve the stability of the fundamental equilibrium and cushion the economy from various external and exogen…

Accumulation du Capital et gains de Productivité au Maroc / Capital Accumulation and Productivity gains in Morocco

This Policy Brief is also available in English: Capital Accumulation and Productivity gains in Morocco. The continuous and reinforced process of accumulating physical capital, in which Morocco has embarked since the early 2000s, has helped to preser…

Relations Maroc-Afrique Sub Saharienne: quel Bilan pour les 15 dernières Années ? / Morocco-Sub-Saharan Africa Relations: What does the Assessment/Balance Sheet for the last 15 years Reveal?

As part of its bilateral cooperation, Morocco has taken steps to develop its trade and investment in Sub Saharan African countries. The objective of this report is to analyze the economic impact of the efforts made in this direction by the Kingdom o…

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