eBook

Fostering higher growth and employment in the Kingdom of Morocco

World Bank

2006

Overview

This book identifies the binding constraints to growth of Morocco. It applies an innovative procedure known as “growth diagnostic” and has a central finding. The Moroccan economy suffers from a too slow process of structural transformation for achieving higher growth, especially for its exports that face unfavorable external shocks arising from competitor countries in the main markets for Moroccan exports. This process of so-called “productive diversification” requires that Morocco enhance its competitiveness.

• Publisher: World Bank,World Bank Publications,The World Bank,Washington, DC: World Bank
• Subject: ACCELERATING GROWTH / ACCOUNTING MODELS / ADJUSTED INCOME / ADJUSTMENT POLICY / AGGREGATE LEVEL / AGRICULTURAL SECTOR / AGRICULTURE / ANNUAL GROWTH / ANTI-EXPORT BIAS / AVERAGE ANNUAL GROWTH / AVERAGE TARIFFS / BANKS / BASE YEAR / BENCHMARK / CAPITA INCOME GROWTH / CAPITAL FORMATION / CAPITAL-INTENSIVE INDUSTRIES / Commerce / COMPARATOR COUNTRIES / COMPETITIVE PRESSURES / COMPETITIVENESS / CONSOLIDATION / CONSUMER PRICE INDEX / CONSUMER PRICES / CONVERGENCE / COUNTRY REGRESSIONS / COUNTRY RISK / CROSS-COUNTRY REGRESSIONS / CUSTOMS / DEBT / DECISION TREE / DEMOCRATIC INSTITUTIONS / DEVELOPING COUNTRIES / DEVELOPING COUNTRY / DEVELOPMENT INDICATORS / DEVELOPMENT STRATEGY / DOMESTIC DEMAND / DOMESTIC MARKET / ECONOMIC ACTIVITY / Economic conditions / ECONOMIC CONVERGENCE / ECONOMIC COOPERATION / ECONOMIC GROWTH / ECONOMIC OPPORTUNITIES / ECONOMIC PERFORMANCE / Economic policy / ECONOMIC RESEARCH / ECONOMIC STABILITY / ECONOMIC THEORY / ECONOMIC TRENDS / EMERGING MARKETS / Employment policy / ENDOGENOUS GROWTH / EXCESS LIQUIDITY / EXCHANGE RATE POLICY / EXCHANGE RATE REGIME / EXPORT DIVERSIFICATION / EXPORT EARNINGS / EXPORT GROWTH / EXPORT PERFORMANCE / EXPORT SECTOR / EXPORTS / EXTERNAL CONDITIONS / EXTERNAL DEBT / EXTERNAL SHOCKS / EXTERNALITIES / FACTORS OF PRODUCTION / FINANCIAL SECTOR / FINANCIAL SYSTEM / FOREIGN DIRECT INVESTMENT / FOREIGN OWNERSHIP / FREE TRADE / FREE TRADE AGREEMENT / FREE TRADE AGREEMENTS / FREE TRADE ZONE / GDP PER CAPITA / GEOGRAPHIC PROXIMITY / GROSS DOMESTIC PRODUCT / GROSS NATIONAL SAVINGS / GROWTH / GROWTH ACCOUNTING / GROWTH MODELS / GROWTH PERFORMANCE / GROWTH RATE / GROWTH RATES / GROWTH STRATEGIES / HIGH GROWTH / HIGH VOLATILITY / HUMAN CAPITAL / HUMAN DEVELOPMENT / IMPORT-SUBSTITUTION INDUSTRIALIZATION / INCOME GROWTH / INCOME PER CAPITA / INCREASE / INDUSTRIAL SECTOR / INDUSTRIALIZATION / INFLATION / INSURANCE / INTELLECTUAL PROPERTY / INTELLECTUAL PROPERTY RIGHTS / INTERNAL IMBALANCES / INTERNATIONAL MARKETS / INTERNATIONAL RESERVES / INTERNATIONAL STANDARDS / INTERNATIONAL TRADE / INVESTMENT CLIMATE / INVESTMENT RATES / KNOWLEDGE CAPITAL / KNOWLEDGE ECONOMY / KNOWLEDGE SPILLOVER / LABOR COSTS / LABOR FORCE / LABOR FORCE GROWTH / LABOR MARKET / LABOR MARKETS / LABOR PRODUCTIVITY / LEGAL STATUS / LIQUIDITY / LIVING STANDARDS / LONG-TERM GROWTH / MACROECONOMIC ADJUSTMENT / MACROECONOMIC ENVIRONMENT / MACROECONOMIC INSTABILITY / MACROECONOMIC POLICIES / MARGINAL TAX / MARGINAL TAX RATES / MARKET FAILURES / MARKET FORCES / MARKET SHARE / MEDIUM TERM / MEMBER COUNTRIES / MIDDLE EAST / MIGRATION / MONETARY POLICY / Morocco / Morocco -- Commerce / Morocco -- Economic conditions / Morocco -- Economic policy / NATIONAL ACCOUNTS / National economy / NATURAL RESOURCES / NEIGHBORING COUNTRIES / NEOCLASSICAL GROWTH MODEL / NONTARIFF BARRIERS / OIL PRICES / PER CAPITA INCOME / PER CAPITA INCOMES / POLICY PROPOSALS / POVERTY RATES / POVERTY REDUCTION / PREFERENTIAL TRADE / PREFERENTIAL TRADE ARRANGEMENTS / PRICE STABILITY / PRIVATE INVESTMENT / PRIVATE SECTOR / PRIVATIZATION / PRODUCTION COSTS / PRODUCTIVITY / PRODUCTIVITY GROWTH / PROMOTION POLICIES / PROPERTY RIGHTS / PROTECTIONISM / PUBLIC DEBT / PUBLIC SECTOR / PURCHASING POWER / RAPID GROWTH / REAL EXCHANGE RATE / REAL GDP / REAL WAGE / REAL WAGE RATES / REGIONAL MARKET / RELATIVE POSITION / RELATIVE PRICES / SECTORAL COMPOSITION / SKILLED WORKERS / Social conditions / SOCIAL STABILITY / STABILIZATION POLICIES / STANDARD DEVIATION / STATE INTERVENTION / STRUCTURAL CHANGES / STRUCTURAL REFORMS / SUBSIDIARY / SUBSIDIARY RIGHTS / SUSTAINABLE GROWTH / TARIFF REDUCTIONS / TAX REVENUES / TAXATION / TECHNOLOGICAL CHANGE / TECHNOLOGICAL CHANGES / TECHNOLOGICAL PROGRESS / TELECOMMUNICATIONS / TFP / TOTAL FACTOR PRODUCTIVITY / TRADE AGREEMENTS / TRADE DEFICIT / TRADE LIBERALIZATION / TRADE REGIME / UNDERESTIMATES / UNEMPLOYMENT / UNEMPLOYMENT RATE / URBANIZATION / VALUE-ADDED TAX / WAGES / WORLD TRADE / WORLD TRADE ORGANIZATION / WTO
• ISBN: 9780821367964, 082136796X