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February 27, 2017Morocco's ties with Africa through various aspects have never been broken. There is no need to prove its roots within deep history. However, the recent developments constitute a major event of important significance. Is it a turning point, a victory that concludes a diplomatic episode among others, a normalization, a response to cyclical difficulties, a booster, an inflection point, or a major event? ... -
February 23, 2017Central banks of large advanced and many emerging market economies have recently gone through a period of extraordinary expansion of balance sheets and are all now possibly facing a transition to less abnormal times. However, the fact that one group is comprised by global reserve issuers and the other by bystanders receiving impacts of the former’s policies carries substantively different implications. Furthermore, using Brazil and the U.S. as examples, we also illustrate how the re ... -
February 22, 2017This paper discusses the development of a computable general equilibrium (CGE) model with detailed specification for land use. The model considers two aspects of land use: land as a measure of production cost and land as a physical entity that can be used in a variety of ways. To analyze the economic effects of climate change, we integrated the CGE model and an econometric model. The results based on this model, which captures how land allocation responds to changes in temperature a ... -
February 22, 2017Despite the sustained growth in the bilateral trade observed at the beginning of the Century, Moroccan – Brazilian economic relations are still going through what could be called the ‘shallow’ phase of relations between two middle-income countries. Trade is concentrated in a few products – those where both countries enjoy long lasting and natural comparative advantages – and face strong difficulties to diversify in terms of products and to upgrade towards more complex models of lin ... -
February 15, 2017Au dernier trimestre de l’année 2016, les spécialistes du terrorisme étaient encore occupés par la contreradicalisation, l’endoctrinement et les dangers des départs des jeunes recrues vers les foyers de tension, alors que la question du retour chez eux commençait déjà à se poser, dans leurs pays d’origine, de ceux qui ont expérimenté la guerre et acquis d’importantes capacités de combat. Ils avaient dès les débuts de la deuxième décennie afflué en Syrie et en Irak de partout dans le ... -
February 15, 2017During the last quarter of 2016, terrorism specialists were still busy with the issues of counter-radicalization, indoctrination, and the dangers of young recruits departing to tension hotbeds, when the question arose about the return to their countries of origin by those who have experienced war and acquired significant combat capabilities. For nearly the past decade, they have been flocking to Syria and Iraq from around the world. ... -
February 9, 2017The new Trump administration is openly protectionist. The President called for “America First” and for “Buy American, Hire American” in his inaugural speech and his subsequent actions dispelled any remaining doubt that he meant what he said during the election campaign. As promised, he has withdrawn from the Trans-Pacific Partnership, an agreement among twelve countries across three continents that took nearly 10 years to negotiate. He has threatened American companies that invest a ... -
February 3, 2017La réflexion développée dans cet ouvrage part d’un constat alarmant et pressant. Le processus continu et renforcé de l’accumulation du capital, dans lequel s’est engagé le Maroc depuis les années 2000, a permis certes de préserver la stabilité des équilibres fondamentaux et d’amortir les différents chocs exogènes, aussi bien internes qu’externes, mais il n’a pas permis d’insuffler un accroissement plus important des gains de productivité et d’accélérer la transformation de la base p ... -
February 1, 2017An analysis of trade relations between Morocco and sub-Saharan Africa indicates a growing volume of trade, reflecting a continuation of stimulated trade relations. A similar trend is observed in foreign direct investment (FDI), which has continued to grow in recent years, reflecting Morocco's determination to become a major player in the development of the African continent. This Policy Brief first presents trends in inter-regional trade between Morocco and sub-Saharan Africa, focus ... -
February 1, 2017L’analyse des relations commerciales entre le Maroc et l’Afrique subsaharienne fait ressortir un volume des échanges croissants, reflétant ainsi une dynamisation continue des leurs relations commerciales. Une tendance similaire est observée au niveau des investissements directs étrangers, qui ne cessent de croître au cours des dernières années, traduisant la volonté du Maroc à devenir un acteur majeur dans le développement du continent africain. Ce Policy Brief présente dans un prem ...
