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 the challenges, 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.
This book highlights the economic progress made by Morocco in recent decades, discusses the challenges that remain and the new structural reform agenda aimed at transforming the country's development model, making it more inclusive and private sector-led.
Related Case Studies
Consumers are key to driving sustainable production and play a central role in sustainable development. This report highlights OECD government initiatives to promote sustainable consumption, with an emphasis on individual policy tools and instruments and their effective combination. Here, the sustainability of consumption is considered in economic, environmental and social...
