Morocco S Quest For Stronger And Inclusive Growth

Author : Roberto Cardarelli,Taline Koranchelian
Publisher : International Monetary Fund
Page : 244 pages
File Size : 53,6 Mb
Release : 2023-10-09
Category : Economic development
ISBN : 9798400225406

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Morocco's Quest for Stronger and Inclusive Growth by Roberto Cardarelli,Taline Koranchelian Pdf

Throughout the past two decades, Morocco has faced several external and domestic shocks, including large swings in international oil prices, regional geopolitical tensions, severe droughts, and most recently the impact of the pandemic and the economic fallout from Russia's invasion of Ukraine. Despite rough waters, the government stayed the course and remained focused not only on immediate stability, but also on the long-term needs of the Moroccan economy. This involved the adoption of a series of difficult measures, like the elimination of energy subsidies, and a strategy aimed at improving the country's infrastructure, diversifying the production and export bases by attracting foreign investment, and modernizing the governance structure of the public administration. The road to higher and more inclusive growth, however, remains steep. Despite gains in poverty reduction, literacy and lifespans, Morocco economy continues to face a high share of inactive youth, large gaps in economic opportunities for women, a fragmented social protection system, and remaining barriers to private sector development. An ambitious reform agenda is needed to better meet the aspirations of Moroccans, by making economic growth stronger, more resilient and more inclusive, particularly to provide greater opportunities for young, women, and entrepreneurs. Morocco appears well positioned to address these challenges, and indeed, the country has recently sought to define and pursue a new "model of development", through national debates and a more inclusive approach to reform. Significant reforms have been announced recently that revamp both the social protection system and the SOEs business model. This book draws lessons from the reforms Morocco has implemented in the past few decades and charts a course for Morocco by addressing key areas for reform.

Author : Hippolyte W. Balima,Olivier Bizimana,Ananta Dua
Publisher : International Monetary Fund
Page : 34 pages
File Size : 47,8 Mb
Release : 2023-10-27
Category : Business & Economics
ISBN : 9798400258411

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Assessing the Impact of Structural Reforms on Potential Output: The Case of Morocco by Hippolyte W. Balima,Olivier Bizimana,Ananta Dua Pdf

This paper assesses Morocco’s potential output and the scope for structural reforms to reverse the downward trend in economic performance observed since the Global Financial Crisis. Using multivariate filtering (MVF) techniques, our analysis finds that the downward secular trend in potential growth was primarily driven by the decline in the contribution of labor inputs. We then combine production function and general equilibrium model approaches to provide estimates of the potential macroeconomic impact of Morocco’s structural reform agenda. The results suggest that the planned structural reforms could deliver sizable output gains in the medium to long term with reforms that would reduce the large gender gap in Morocco’s labor market yielding the greatest payoffs.

Author : OECD
Publisher : OECD Publishing
Page : 99 pages
File Size : 45,7 Mb
Release : 2019-04-24
Category : Electronic
ISBN : 9789264573710

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Development Centre Studies Can Social Protection Be an Engine for Inclusive Growth? by OECD Pdf

The potential role of social protection in the development process has received heightened recognition in recent years, yet making a strong investment case for social protection remains particularly challenging in many emerging and developing countries. This report challenges us to think deeply about the economic rationale for social protection investments through an inclusive development lens. It helps us understand the links between social protection, growth and inequality; how to measure those links empirically; social protection’s impact on inclusive growth; and how to build a more solid economic case for greater social protection investments.

Author : Suzanne M. Apitsa,Eric Milliot
Publisher : Springer Nature
Page : 381 pages
File Size : 51,5 Mb
Release : 2020-12-01
Category : Business & Economics
ISBN : 9783030507398

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Doing Business in Africa by Suzanne M. Apitsa,Eric Milliot Pdf

This book presents insights from cutting-edge international business and management research relating to Africa. Economic growth and foreign investment in the region remains strong, despite some slowing down in recent years. This trend of economic growth and its impact on international trade and FDI has attracted Western businesses, eager to capitalize on this emerging market. In this context, new relationships and interactions have stimulated business research on Africa. Split into four parts covering the internationalization process, international logistics, trans-border corporate social responsibility and trust in Africa, the book covers a range of emerging trends, academic discussion and evolving issues across the spectrum of business research. It is a valuable read for students, researchers and practitioners interested in doing business in Africa.

Author : Jean-Pierre Chauffour
Publisher : Directions in Development
Page : 0 pages
File Size : 49,5 Mb
Release : 2017-10-30
Category : Business & Economics
ISBN : 1464810664

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Morocco 2040 by Jean-Pierre Chauffour Pdf

Morocco 2040: Emerging by Investing in Intangible Capital documents the major economic and social strides made by Morocco over the past 15 years and analyzes the economic conditions for accelerating the pace of economic catch-up by 2040. A virtuous yet realistic scenario suggests that with higher productivity gains Morocco could double its current pace of convergence with Southern European countries. In one generation, Morocco's standard of living could reach about 45 percent of that of Spain, its immediate Northern neighbor, compared to the current rate of 22 percent. To lay out the possible pathways for Morocco to become the first North African country to attain upper middle income status, the Book then investigates the policies that could bring about such a virtuous scenario of accelerated economic convergence. It shows that sustaining higher productivity gains for 25 years would require greater efforts at building Morocco's institutional, human and social capital--what is also known as intangible capital. Accumulating such intangible capital necessarily take a number of different forms and the Book proposes a four-pronged approach. First, by strengthening Morocco's market institutions for a more efficient allocation of capital and labor and international integration. Second, by strengthening Morocco's public institutions to strengthen the rule of law and justice, modernize the public administration, and improve the quality of public service delivery. Third, by strengthening Morocco's human capital, especially education, health and the development of early childhood. And fourth, by strengthening Morocco's social capital through greater gender parity and increased interpersonal trust and civism in society. By placing more of a priority on its intangible capital, Morocco would be advancing a social contract based on the promotion of a more open society. It would be taking a route that is partly new, but which is also the logical outcome of many economic and social diagnoses and pressing calls for change.

Author : OECD,Economic Research Institute for ASEAN and East Asia
Publisher : OECD Publishing
Page : 492 pages
File Size : 45,9 Mb
Release : 2018-09-01
Category : Electronic
ISBN : 9789264305328

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SME Policy Index: ASEAN 2018 Boosting Competitiveness and Inclusive Growth by OECD,Economic Research Institute for ASEAN and East Asia Pdf

The SME Policy Index is a benchmarking tool for emerging economies to monitor and evaluate progress in policies that support small and medium-sized enterprises.

Author : World Bank
Publisher : World Bank Publications
Page : 288 pages
File Size : 41,5 Mb
Release : 2020-12-23
Category : Business & Economics
ISBN : 9781464816031

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Poverty and Shared Prosperity 2020 by World Bank Pdf

This edition of the biennial Poverty and Shared Prosperity report brings sobering news. The COVID-19 (coronavirus) pandemic and its associated economic crisis, compounded by the effects of armed conflict and climate change, are reversing hard-won gains in poverty reduction and shared prosperity. The fight to end poverty has suffered its worst setback in decades after more than 20 years of progress. The goal of ending extreme poverty by 2030, already at risk before the pandemic, is now beyond reach in the absence of swift, significant, and sustained action, and the objective of advancing shared prosperity—raising the incomes of the poorest 40 percent in each country—will be much more difficult. Poverty and Shared Prosperity 2020: Reversals of Fortune presents new estimates of COVID-19's impacts on global poverty and shared prosperity. Harnessing fresh data from frontline surveys and economic simulations, it shows that pandemic-related job losses and deprivation worldwide are hitting already poor and vulnerable people hard, while also shifting the profile of global poverty to include millions of 'new poor.' Original analysis included in the report shows that the new poor are more urban, better educated, and less likely to work in agriculture than those living in extreme poverty before COVID-19. It also gives new estimates of the impact of conflict and climate change, and how they overlap. These results are important for targeting policies to safeguard lives and livelihoods. It shows how some countries are acting to reverse the crisis, protect those most vulnerable, and promote a resilient recovery. These findings call for urgent action. If the global response fails the world's poorest and most vulnerable people now, the losses they have experienced to date will be minimal compared with what lies ahead. Success over the long term will require much more than stopping COVID-19. As efforts to curb the disease and its economic fallout intensify, the interrupted development agenda in low- and middle-income countries must be put back on track. Recovering from today's reversals of fortune requires tackling the economic crisis unleashed by COVID-19 with a commitment proportional to the crisis itself. In doing so, countries can also plant the seeds for dealing with the long-term development challenges of promoting inclusive growth, capital accumulation, and risk prevention—particularly the risks of conflict and climate change.

Author : Rahul Anand,Mr.Saurabh Mishra,Mr.Shanaka J. Peiris
Publisher : International Monetary Fund
Page : 27 pages
File Size : 48,6 Mb
Release : 2013-05-30
Category : Business & Economics
ISBN : 9781484369791

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Inclusive Growth by Rahul Anand,Mr.Saurabh Mishra,Mr.Shanaka J. Peiris Pdf

We estimate a unified measure of inclusive growth for emerging markets by integrating their economic growth performance and income distribution outcomes, using data over three decades. Country distributions are calibrated by combining PPP GDP per capita and income distribution from survey data. We apply the microeconomic concept of a social mobility function at the macroeconomic level to measure inclusive growth that is closer to the absolute definition of pro-poor growth. This dynamic measure permits us to focus on inequality as well as distinguish between countries where per capita income growth was the same for the top and the bottom of the income pyramid, by accounting for the pace of growth. Our results indicate that macroeconomic stability, human capital, and structural changes are foundations for achieving inclusive growth. The role of globalization could also be positive with foreign direct investment and trade openess fostering greater inclusiveness, while financial deepening and technological change have no discernible effect.

Author : OECD
Publisher : OECD Publishing
Page : 120 pages
File Size : 47,8 Mb
Release : 2015-12-11
Category : Electronic
ISBN : 9789264248533

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The Future of Productivity by OECD Pdf

This book addresses the rising productivity gap between the global frontier and other firms, and identifies a number of structural impediments constraining business start-ups, knowledge diffusion and resource allocation (such as barriers to up-scaling and relatively high rates of skill mismatch).

Author : OECD,Organisation for Economic Co-operation and Development,European Union,European Training Foundation
Publisher : Org. for Economic Cooperation & Development
Page : 0 pages
File Size : 47,9 Mb
Release : 2018
Category : Government aid to small business
ISBN : 9264304150

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The Mediterranean Middle East and North Africa 2018 by OECD,Organisation for Economic Co-operation and Development,European Union,European Training Foundation Pdf

The report looks at key SME and entrepreneurship policy reforms over the past years since the publication of the SME Policy Index for the MENA region in 2014. It notes the continued efforts by MED economies to develop SMEs and start-ups as means to reduce unemployment, promote economic ...

Author : National Intelligence Council
Publisher : Cosimo Reports
Page : 158 pages
File Size : 52,6 Mb
Release : 2021-03
Category : Electronic
ISBN : 1646794974

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Global Trends 2040 by National Intelligence Council Pdf

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Author : OECD
Publisher : OECD Publishing
Page : 164 pages
File Size : 47,7 Mb
Release : 2019-10-11
Category : Electronic
ISBN : 9789264479128

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Institutions Guaranteeing Access to Information OECD and MENA Region by OECD Pdf

Thanks to comparative tables and precise examples, this report offers an overall picture of the institutions guaranteeing access to information (IGAI) in OECD member countries. While it does not provide a comprehensive analysis of each of these institutions, it examines the legislation, the composition, and operation of the IGAIs as well as their missions regarding the spontaneous disclosure and appeals following access to information requests.

Author : Dr Patrick Holden
Publisher : Ashgate Publishing, Ltd.
Page : 244 pages
File Size : 46,6 Mb
Release : 2013-03-28
Category : Political Science
ISBN : 9781409498889

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In Search of Structural Power by Dr Patrick Holden Pdf

Offering a clear and logical analysis of the panoply of European Union aid policies and a theoretically informed evaluation of their operation, Patrick Holden contends that the major thrust of EU aid policy is an effort to augment the EU's structural power through targeted political and economic liberalization. Although historically grounded, this book concentrates on EU aid to key world regions in the 21st century. As such, it provides a comprehensive and thought-provoking account of EU aid policy and will be of interest to a wide range of academics, students and policy makers.

Author : Pierre Engelbert,Rida Lyammouri
Publisher : Unknown
Page : 128 pages
File Size : 55,6 Mb
Release : 2022-01-27
Category : Electronic
ISBN : 1619772116

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Sahel by Pierre Engelbert,Rida Lyammouri Pdf

Author : Anonim
Publisher : Unknown
Page : 12 pages
File Size : 53,6 Mb
Release : 1980
Category : Commerce
ISBN : MINN:31951T00153319Q

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Overseas Business Reports by Anonim Pdf