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
    En Afrique, des coups d’État, signes de l’épuisement prématuré de la démocratie importée
    Authors
    Pierre Jacquemot
    October 13, 2023
    La dernière série de coups d’État en Afrique subsaharienne cache-t-elle un spectaculaire retournement contre les processus politiques fondés sur le principe électoral qui avaient été engagés dans les années 1990 ? Pour sept pays concernés (Burkina Faso, Gabon, Guinée, Mali, Niger, Soudan, Tchad), la prise du pouvoir par les militaires signe la fin d’un cycle, celui de la tentative de démocratisation par l’élection, et l’entrée dans un nouveau cycle, à l’issue inconnue ...
  • Session 12: Sovereign Debt Distress in the Global South
    October 13, 2023
    ChairJorgelina A. do Rosario, Emerging Market Correspondent, Thomson Reuters Speakers Barry Eichengreen, Professor of Economics, University of California Berkeley Martin Guzmán, Co-President, Initiative for Policy Dialogue, Columbia University Nandalal Weerasinghe, Governor, Central...
  • The New Trilemma of Macroeconomic Policy: Future Policy Responses
    October 12, 2023
    Chair: Arend Kapteyn, Global Chief Economist, UBS Speakers: Robert Holzman, Governor, Central Bank of Austria Huw Pill, Chief Economist, Bank of England Chiara Scotti, Senior Vice-President, Federal Reserve Bank of Dallas Axel Weber, President, Center for Financial Studies ...
  • Improving Governance in Emerging Market Economies
    October 12, 2023
    Chair                           - Nobumitsu Hayashi, Governor, Japan Bank for International Cooperation (JBIC) Presenter - Rajat Nag, Distinguished Fellow, Emerging Markets Forum (EMF) Discussants - María Eugenia Brizuela de Avila, Director, Inversiones Vision - Larabi Jaïdi, Seni...
  • Central Bank Digital Currencies in Practice
    October 12, 2023
    Chair: Ousmène Mandeng, Advisor, Accenture Speakers: John Rolle, Governor, Central Bank of The Bahamas Wolfram Seidemann, CEO at Giesecke+Devrient Currency Technology Leong Sing Chiong, Deputy Managing Director, Monetary Authority of Singapore Cecilia Skingsley, Head of the Innovat...
  • Keynote Address and Closing Session
    October 12, 2023
    Keynote Address: The Role of Morocco in Africa’s Development - Ryad Mezzour, Minister of Industry and Trade, Morocco   Closing Session - Ryad Mezzour, Minister of Industry and Trade, Morocco   - Montek Singh Ahluwalia, Former Deputy Chairman, Planning Commission of India - Suma C...