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As the only North African country with no own oil resources, Morocco is the largest energy importer in the region. The country is faced with the challenging task of meeting rising local demand while keeping its import bill under control. Against th…
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Brazil and Morocco have been engaged in different forms of trade negotiations and committed to liberalize their trade, as they have concluded several bilateral and multilateral trade agreements whether within the WTO or in specific framework. This …
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This paper sheds light on the increasing and persistent skilled unemployment in Morocco over the past decade – oscillating around 20% of total unemployment. It identifies and estimates the role and significance of a skill mismatch between Morocco’s …
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Undoubtedly, 2018 marks a turning point in the evolution of the global economy. Europe, after having started to emerge from the crisis in 2017, could enter a phase of sustainable expansion thanks to a structural increase in industrial production, …
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The irony facing many developing countries today is that increased food trade and the implications of globalization has created a situation where certain segments of the population are simply put, eating too much, while just in their proximity lies …
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Morocco left the Organization of African Unity (OAU) in 1984 when the Sahrawi Arab Democratic Republic (SADR, also known as Western Sahara), which the Moroccan monarchy considered to be part of its territory, was granted membership of the organisati…
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Current levels of youth unemployment have hovered much higher than average unemployment in many developed and developing countries. European and MENA region countries are the hardest hit with rates climbing to record highs following the global fina…
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This paper reports the results of an application using an inter-regional input-output matrix for Morocco together with regional information on water consumption by sectors. We develop a trade-based index that reveals the relative water use intensiti…
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The consideration of capital consumption, whether manufactured or natural, has become a fundamental question in any evaluation of economic performance or measure of wealth created at the sectoral or global economic level. While it's easier to mea…
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Though largely silent, and not often associated with the same levels of violence as other forms of organized crime, illicit trade threatens national and broader regional security in myriad ways. Insufficiently appreciated, first and foremost, is the…
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At the conclusion of the Royal Speech of 20 August, which focused mainly on the education, training and jobs of young people, HM King Mohammed VI emphasized the importance of the Kingdom's recent diplomatic victories, noting with satisfaction a conc…
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The evidence demonstrating that nations gain from trade is overwhelming. However, trade liberalization can cause disruption to firms and workers, and its gains and losses are spread unevenly. While many gain from trade, import surges have sometimes…
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Presently, 19 African countries have exceeded the 60% debt-to-gross domestic product (GDP) threshold prescribed by the African Monetary Co-operation Programme (AMCP) for developing economies, while 24 have surpassed the 55% debt-to-GDP ratio suggest…
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Morocco's economic and social progress depends on growth objectives in agriculture, a priority sector in development strategies and policies. Moreover, the gains in total factor productivity are decisive for the improvement of the standard of living…
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This policy brief shows that the downward trend of employment in manufacturing in Morocco is due primarily to labor productivity improvement and that the increased deficit in manufacturing trade also plays an important role. While recognizing the cr…
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For more than 70 years, the CFA franc has been the common currency of fourteen countries on the African continent. Comparing the growth and inflation rates of member countries of the Economic Monetary Union of Africa of the West (WAEMU) and the econ…
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This article presents, in addition to a holistic analysis of the national production sector, the results of a research study on the impact of a possible change in world prices of inputs (especially oil) and fishery products on economic and biologica…
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Collective action to combat climate change has long been hindered by powerful divisions, both geopolitical and economic; North / South, industrialized countries / developing countries, fossil fuels / renewables, multilateralism and solidarity versus…
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This Policy Paper aims to provide a better understanding of the drivers of youth unemployment in the Middle East and North Africa (MENA) region by examining some common factors and then delving deeper into the case of Morocco, a relatively stable co…
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Morocco has moved towards a more flexible exchange rate system, by widening its currency fluctuation bands to +/- 2.5% around a central price. This transition will, in time, equip the Moroccan economy with a macroeconomic instrument acting as a shoc…
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