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Morocco’s Power Sector Transition: Achievements and Potential

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…

Different Dimensions of Brazil and Morocco Trade Flows: A Quantitative Assessment

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 …

High and Persistent Skilled Unemployment In Morocco: Explaining it by Skills Mismatch

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 …

Un Tournant pour l’économie Mondiale: l’Europe se Réveille, l’Asie Consolide sa position / A Turning Point for the Global Economy: Europe wakes up, Asia Consolidates its Position

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, …

Food Trade Policy and the Dietary Transition

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 …

Morocco Joins the AU: Motives and Meanings

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…

Addressing the Youth Unemployment Challenge: International Lessons Learned that can be useful for Morocco

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…

Water Content in Trade: A Regional Analysis for Morocco

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…

Evaluation de la Contribution Economique de la Surexploitation des Eaux Souterraines dans l’Agriculture au Maroc/ Evaluation of the Economic Contribution of Over-exploitation of Groundwater in Moroccan Agriculture

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…

Commodity Smuggling in the Maghreb: A Silent Threat

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…

Sahara, Migrations, CEDEAO: une Rentrée chargée pour la Diplomatie Marocaine / Sahara, Migrations, ECOWAS: a busy start for Moroccan diplomacy

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…

Mitigating the Adjustment Costs of International Trade

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…

Africa's Rising Debt: Implications for Development Financing and a Sustainable Debt Management Approach

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…

Contribution des Facteurs et de la Productivité Globale des facteurs à la Croissance Agricole au Maroc: une Evaluation comparée Intersectorielle et inter pays

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…

Deindustrialization and Employment in Morocco

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…

Le Franc CFA: Impact sur les Taux d’Inflation et de Croissance des pays d’Afrique de l’Ouest et d’Afrique centrale sur la période 1999-2017/ The CFA Franc: Impact of the Inflation and Growth Rates of West and Central African Countries between 1999-2017

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…

Système Marocain de Production Halieutique et sa dépendance du Reste du Monde/ Moroccan Fishing Production System and its dependence on the rest of the World

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…

De la COP21 à la COP24: bilan d’étape / From COP21 to COP24: Progress Report

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…

Youth Unemployment in the Middle East & North Africa, and the Moroccan case

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…

The Role of a Flexible Foreign Exchange System in Macroeconomic Adjustment: The Case of Morocco

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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