Publications /
Research Paper

Back
Download PDF
French Version
Has Morocco Benefited from the Free Trade Agreement with the European Union?
Authors
Rim Berahab
Uri Dadush
February 19, 2020
Related topics: 

Since the free trade agreement (FTA) between Morocco and the European Union (EU) came into force nearly two decades ago, Morocco’s export performance on EU markets has been less than stellar and the trade deficit with the EU has surged. This has led many observers to take a negative view of the agreement. Yet, bilateral trade balances are not the best way to assess the effects of a trade agreement, and Morocco has derived major benefits in other ways. As they progress on negotiations towards a more comprehensive and deeper relationship, both Morocco and the EU have much work to do to make the agreement work even better for Moroccans. This Policy Paper presents an assessment of the EU-Morocco FTA and outlines some policy implications, focusing not only on trade flows between the two partners, but also on Foreign Direct Investment, regional integration, and the impact on Moroccan importers and consumers.

RELATED CONTENT

  • Download PDF
    Water Content in Trade: A Regional Analysis for Morocco
    Authors
    Eduardo Amaral Haddad
    Fatima Ezzahra Mengoub
    Vinicius A. Vale
    April 26, 2018
    This paper reports the results of an application using an interregional input-output matrix for Morocco together with regional information on water consumption by sectors. We develop a trade-based index that reveals the relative water use intensities associated with specific interregional and international trade flows. We estimate, for each flow associated with each origin-destination pair, measures of trade in value added and trade in water that are further used to calculate our in ...
  • Download PDF
    New Consumption Spaces for the New Middle Classes ? Shopping Centres in Abidjan
    Authors
    Clélie Nallet
    April 23, 2018
    Since 2011 and the end of the post-election crisis, Côte d’Ivoire has returned to impressive economic growth. The country and its capital are drawing attention from a growing number of investors, and the “Abidjanian middle classes” are widely publicised and sought after. At the same time, Abidjanian consumption spaces have become particularly diversified and transformed. Abidjan provides many options for consumers who are operating in a competitive environment with a wide selection ...
  • A WAR OR NOT A WAR THAT IS THE SHAKESPEARIAN QUESTION
    Authors
    Helmut Sorge
    April 23, 2018
    The 132nd day in the Gregorian calendar, anno 2018, will be part of history, a day future generations will most likely not forget, the 12th of May. Only history buffs will remember that on the 12th day of May, Napoleon conquered Venice, once known as the “Most Serene Republic”. On May 12th and the following days in the year of 1940, the Nazis crossed the Meuse and defeated France in a Blitzkrieg. England’s King George VI celebrated his coronation in 1937, on this same fateful day, w ...
  • La géopolitique de l’Afrique centrale en question
    Authors
    Sabine Cessou
    April 19, 2018
    L’Afrique centrale a fait l’objet du focus sous-régional de la deuxième partie des cinquièmes Dialogues stratégiques, une rencontre biannuelle organisée le 11 avril dernier à Paris par l’OCP Policy Center et HEC.  Renouveler le partenariat Europe-Afrique Le débat s’est d’abord inscrit dans une réflexion générale sur « l’Afrique et le monde». Dans ce cadre, le partenariat traditionnel entre l’Afrique et l’Europe semble avoir besoin de se renouveler, dans la mesure où la politique e ...
  • The Double Side of the Fed’s Balance Sheet Unwinding
    Authors
    Otaviano Canuto
    April 19, 2018
    In its March 2018 meeting, the Federal Reserve raised the target range for federal funds rate by a quarter point to 1.5-1.75 percent and Fed officials are now projecting a steeper path of hikes for the next two years. Recent inflation data would hint at the Fed staying firmly on track for another 25bp rate hike in June. As producer price inflation hit a seven-year high and a tightened labor market is exercising upward pressure on wage growth, there is no wonder expectations have sli ...
  • Download PDF
    Will the African Free Trade Agreement Succeed?
    Authors
    Rim Berahab
    Uri Dadush
    April 18, 2018
    The recently signed African Continental Free Trade Agreement represents a countercurrent to protectionist tendencies across the Atlantic and the Pacific, and may well move the economic integration of the African continent forward. Translating the vision into action, however, will call upon signatories to undertake deeper domestic reforms and to confront specific challenges related to the agreement itself. This brief explains why the agreement is important for Africa and identifies p ...
  • Quel rôle pour l’Afrique et l’Europe dans le monde qui se dessine ?
    Authors
    Sabine Cessou
    April 16, 2018
    La conférence organisée par l'Institut Montaigne et l'OCP Policy Center à Paris le 12 avril a abordé la question de l'investissement étranger dans une Afrique perçue à la fois comme une menace et un nouvel eldorado en Europe. "L’Afrique et l’Europe sont dans une même voiture, à  l’avenir elles peuvent aller très haut et très vite ou se fracasser contre un mur", a affirmé Jean-Michel Huet, consutant pour Bearing Point. Son regret : que l'Afrique soit un sujet encore très peu perçu pa ...