Purpose Driven Companies and the Regulation of the Fourth Sector : Morocco Case study

January 26, 2022

Purpose-Driven Companies are companies with dual business objective as they seek to be financially profitable, and tackle social and environmental issues at the same time. They play a significant role in advancing the 2030 Sustainable Development Goals (SDGs) but their development in the region is still constrained by regulations dedicated mainly for traditional companies that only aim to maximize profits in the short term. The Policy Center for The New South (PCNS) joined an inter-institutional effort between the Ibero-American General Secretariat (SEGIB), the United Nations Development Program (UNDP) and the International Development Research Centre (IDRC) in an international research project called ‘’Purpose-driven companies and the regulation of the Fourth Sector in Ibero-America’’. As this project grew to cover countries outside of Ibero-America, the PCNS was invited to write a chapter about the Moroccan jurisdiction. This webinar will present the Morocco Jurisdictional Report, written by two of the PCNS’ in-house experts: Ahmed Ouhnini and Abdelaaziz Ait Ali, under the guidance of Juan Diego Mujica Filippi, project coordinator and alumnus of the Atlantic Dialogues Emerging Leaders program.

Speakers
Abdelaaziz Ait Ali
Head - Research in Economics
Abdelaaziz Ait Ali is a principal Economist and head of the Research Department at the Policy Center for the New South. He joined the Center in 2014 after five years of experience at the Central Bank of Morocco. He worked as an economist in the International Studies and Relations Department and was analyzing the real estate price index and financial asset prices for monetary policy and financial stability purposes. Since then, Abdelaaziz has focused on cyclical and structural issues of the Moroccan economy, including macroeconomic management and industrial policy design. He has published articles on the reform of the exchange rate regime in the Moroccan economy and its implications for macroeconomic regulation, as well as on the evolution of the macroeconomic framework over th ...
Lilia Rizk
Head - Major Convenings, Events & Facilities, and the ADEL Program, Policy Center for the New South
...
Ahmed Ouhnini
Economist, Policy Center for the New South
Ahmed Ouhnini is an Economist at the Policy Center for the New South. His research area covers agricultural economics, human and social development. Previously, he has worked as a researcher at the Paris School of Economics (PSE) and has also a record of working in consulting services in Morocco. Ahmed holds an engineering Diploma in Agriculture and Rural Development from the National School of Agriculture of Meknes and a Master’s Degree in Law, Economics and Management from the Paris 1 Pantheon Sorbonne Institute of Development. ...

RELATED CONTENT

  • Authors
    Pierre Sauvé
    May 29, 2023
    Morocco has made important strides in reducing poverty in the last three decades, thanks in large part to trade and industrial policies aimed at durably inserting the country into world flows of goods, services, and cross-border investment. Since 1992, per capita incomes have tripled (in current US$), contributing to a threefold drop in the Kingdom’s poverty headcount. The country of 37 million features consistently as one of the better-performing and more stable economies in the No ...
  • Authors
    Inkyo Cheong
    Lillyana Daza Jaller
    Siwook Lee
    Jean-Christophe Maur
    Martin Molinuevo
    Sahar Sajjad Hussain
    Pierre Sauvé
    Shane Sela
    Aleksandar Stojanov
    Iryna Klytchnikova
    Edited by Pierre Sauvé and Uri Dadush
    May 23, 2023
    The broad thrust of Morocco’s trade and industrial policies over the last thirty years has been to anchor Morocco into world flows of goods, services, and cross-border investment. Despite the challenges posed by the COVID-19 pandemic, rising international prices, and a complex geopolitical environment, Moroccans continue to derive significant benefits from their economy’s openness. These include improved consumer choice and welfare, the growing insertion of Moroccan firms into cross ...
  • Authors
    Abdelmonim AMACHRAA
    May 17, 2023
    Nothing better illustrates the positive contribution of the integration of national economies into global value chains than the fact that in the 1990s, the automotive sector barely existed in Morocco. Now, it is the leading export sector, with a production and assembly capacity of 700,000 vehicles, making it an attractive and competitive hub linking Africa and Europe in the automotive value chain. However, the automotive industry is on the cusp of change, with advances in electric a ...
  • May 09, 2023
      على ضوء الاجتماعات السنوية لمجموعة البنك الدولي وصندوق النقد الدولي في التقرير الأخير لصندوق النقد الدولي حول آفاق الاقتصاد العالمي، والذي يطبعه القلق الزائد في ظل اضطرابات القطاع الم ...
  • Authors
    Inácio F. Araújo
    May 5, 2023
    This paper presents a synthetic view of the socioeconomic and environmental impacts of the economic sectors and regions that make up the Moroccan economy, taking into account the current economic structure and production technologies. Therefore, the potential effects must be understood as signals to think about interventions aimed at redirecting the desired trajectories of sustainable development. The application of the tools developed to give scientific support to this analysis rev ...
  • May 2, 2023
      على ضوء الاجتماعات السنوية لمجموعة البنك الدولي وصندوق النقد الدولي في التقرير الأخير لصندوق النقد الدولي حول آفاق الاقتصاد العالمي، والذي يطبعه القلق الزائد في ظل اضطرابات القطاع المالي والتضخم المتزايد والآثار المستمرة للاجتياح الروسي لأوكرانيا، بالإضافة إلى العواقب الاقتصادية الم...
  • April 10, 2023
    This policy paper examines India’s growing engagement in North Africa, focusing on five countries: Morocco, Algeria, Tunisia, Libya, and Egypt. Despite lacking a distinct regional policy for North Africa, India has amplified its bilateral engagement with these countries, underpinned by a steadfast commitment to the principle of South-South cooperation. Through its strategic moves in North Africa, India has established a powerful southern-west axis for its foreign policy that stretch ...
  • Authors
    April 10, 2023
    The contemporary global energy landscape is experiencing noteworthy changes in demand, supply, technology, markets, and investment. These developments transcend conventional oil and gas security considerations. Renewable energy sources, such as wind and solar power, have become increasingly cost-effective compared to fossil fuels, and the minerals required to produce them are gaining importance. Nevertheless, recent events such as the Covid-19 pandemic and the conflict in Ukraine ha ...