Morocco

Morocco

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2007-09-20

Total Pages: 42

ISBN-13: 1451824807

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This 2007 Article IV Consultation highlights that macroeconomic conditions of Morocco remain strong. Average growth has reached 5.4 percent per year since 2001, 3.4 percentage points higher than in the 1990s, reflecting the ongoing diversification of the nonagricultural sector and its increased resilience to shocks. As a result, real per-capita income is on the rise and the unemployment rate has started to decline. The current account is expected to record its seventh consecutive surplus in 2007, thanks to strong remittances and tourism receipts. The public finance situation has also strengthened.


Morocco

Morocco

Author: International Monetary Fund. Middle East and Central Asia Dept.

Publisher: International Monetary Fund

Published: 2015-02-23

Total Pages: 60

ISBN-13: 1498301002

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This 2014 Article IV Consultation highlights that Morocco has made important strides in maintaining macroeconomic stability in a difficult environment, but challenges remain to reduce fiscal and external vulnerabilities, strengthen growth, create jobs, and tackle poverty. Growth slowed in 2014 as a result of a contraction in agricultural activity following an exceptional 2013 crop and weak demand from Europe. However, growth is expected to rebound in 2015 to about 4.4 percent and remain robust in the medium term as external demand and domestic confidence strengthen. Executive Directors have commended the authorities for their strong policy actions, which have reduced economic vulnerabilities.


Morocco: 2021 Article IV Consultation-Press Release and Staff Report

Morocco: 2021 Article IV Consultation-Press Release and Staff Report

Author: International Monetary

Publisher: International Monetary Fund

Published: 2022-02-09

Total Pages: 61

ISBN-13:

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Thanks to a successful vaccination campaign, COVID19 cases have declined sharply in 2021, and the Moroccan economy is rebounding. Economic activity has recovered most of the ground lost with the severe recession of 2020 and is expected to grow at 6.3 percent in 2021. Among the factors propelling the rebound are the exceptional harvest after two years of drought, continued fiscal and monetary stimulus, and the persistent buoyancy of remittances. Going forward, Morocco’s growth is expected to remain at about 3 percent, assuming the acceleration of new cases in early 2022 proves transitory and the effects of the pandemic on activity gradually fade. Recent inflationary pressures remained manageable and are expected to wane in 2022, as cost pressures from global and domestic supply disruptions are reabsorbed. After its sharp contraction in 2020, the current account deficit is projected to widen in 2021 and over the medium term, but Morocco emerges from the pandemic with a much stronger international reserve position.


Morocco, a Country Study

Morocco, a Country Study

Author: Harold D. Nelson

Publisher:

Published: 1985

Total Pages: 488

ISBN-13:

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General study of Morocco - history, demographic aspects and geographical aspects, ethnic groups, religious practice, social structure, living conditions, education, economy, politics, government, international relations, defence, the administration of justice, etc. Bibliography, diagrams, glossary, maps, photographs, statistical tables.


Morocco

Morocco

Author: International Monetary

Publisher: International Monetary Fund

Published: 2023-01-24

Total Pages: 57

ISBN-13:

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Despite the authorities’ very strong policy response, another drought and the economic spillovers from Russia’s invasion of Ukraine have taken a toll on Morocco’s economy and ignited inflationary pressures. Assuming a return to normal agricultural seasons, stabilization of external economic conditions, and continued progress on the authorities’ rich structural reform agenda, economic activity should rebound in 2023 and stabilize around 31⁄2 percent over the medium term. Inflation is projected to have peaked in 2022 and to start falling in 2023 as the commodity price shock dissipates and the central bank reduces monetary policy accommodation. The negative terms-of-trade shock widened the trade deficit in 2022, but Morocco’s external position is projected to improve from 2023 onwards, also thanks to strong remittances and tourism inflows.


Political Change in Morocco

Political Change in Morocco

Author: Douglas Elliott Ashford

Publisher: Princeton University Press

Published: 2015-12-08

Total Pages: 445

ISBN-13: 1400878500

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How to develop new forms of political expression and political participation on the national level is one of the major problems facing newly independent countries. Mr. Ashford gives a careful description of the pattern of Moroccan national politics at the time of independence, and analyzes how this pattern was changed during the first three post-independence years. He provides a general outline of the ways a widely differentiated people can participate in the national politics of a developing country. Like Apter's books on Ghana and Uganda, and Wriggins’ book on Ceylon, this is an important study of the transition to independence of a postwar, rapidly developing political system. Originally published in 1961. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.