The issue of a powerful fiscal policy comeback is not only being debated in Europe. It is also interesting for Morocco, in many respects. If in Europe there is controversy between the proponents of the structural budgetary balance rule and critics of restrictive policies in the context of major financial and recessive shocks, in the South of the Mediterranean fiscal policy is caught between the multiple social and economic requirements and the constraint of sustainability.
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Au cours de la dernière décennie, le Ghana a enregistré des taux de croissance moyens supérieurs à 7 % par an, ce qui lui a permis d’accéder au statut de pays à revenu intermédiaire de la tranche inférieure. Toutefois, la croissance a récemment marqué le pas pour s’établir à 4,2 % en 2014, ce qui soulève la question de la pérennité du modèle de développement du pays. Le Ghana se trouve désormais à un stade critique de son processus de développement.
Une transformation structurelle ...
International trade has become a pervasive feature of our lives, yet it remains controversial and resisted across the world. High and rising income inequality, which is often blamed on international trade, especially trade with China, is one reason. But the main driver of inequality is new technology, not international trade. Although trade interacts with new technology in ways that often lead to higher inequality, trade and technology also lie at the root of economic advance. So th ...