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November 28, 2023This Working Paper was originally published on erf.org.eg Like many developing countries, Morocco faced a significant increase in public debt following the COVID-19 pandemic. In 2022, Central government debt reached 69.6% of GDP, up from 60.3% in 2019, highlighting the need for a thorough analysis of debt sustainability. This paper examines the main trends in the Moroccan economy over the past two decades, including growth performance, monetary policy and financial conditions and e ...
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November 14, 2023This Policy brief was originally published on erf.org.eg Like many emerging and developing economies, Morocco has experienced a significant increase in public debt since the COVID-19 pandemic. Central government debt reached 69.6 percent of GDP in 2022, up from 60.3 percent in 2019, and overall public debt increased to 82.5 percent of GDP in 2022, well above the presumed critical threshold of 60 percent. Therefore, it becomes crucial to conduct a comprehensive debt sustainability a ...
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AuthorsTouhami AbdelkhalekDorothee BoccanfusoNovember 8, 2023Public policies, particularly those related to taxes and subsidies, should help to reduce poverty and inequality. However, the combination of components of these two systems, as implemented, leads sometimes to an increase in poverty and or inequality without being necessarily anticipated. In this policy brief, based on data from the 2019 wave of the Enquête Panel de Ménage from the Observatoire National du Développement Human from Morocco, we first highlight the influence of taxes ...
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November 3, 2023Dans cette interview, Chokri Aslouj, expert national en matière de processus d’hydrogène vert, évoque les initiatives déployées pour promouvoir la coopération en matière d'hydrogène vert au sein de la région maghrébine. L'expert aborde en détail les obstacles d'ordre politique et économ...
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Helmut Sorge & Thierry WarinNovember 03, 2023As the world enters the era of the fourth industrial revolution characterized by advances in artificial intelligence, robotics, the Internet of Things, and automation, the preparedness of ...
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AuthorsNovember 2, 2023Le 1er octobre 2023 a marqué le début de la phase transitoire du Mécanisme d'Ajustement Carbone aux Frontières (CBAM en anglais) de l'Union européenne (UE). L'objectif de cette initiative est d'instaurer une tarification du carbone sur les biens importés qui soit équivalente à celle appliquée aux biens produits au sein de l'UE, visant ainsi à réguler les émissions de carbone. Cette démarche implique la mise en place d'un ensemble d'obligations de déclaration et de conformité pour le ...
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AuthorsAli ElguellabElhadj EzzahidNovember 1, 2023The role of the production network in shock propagation has been an issue of considerable interest since the Great Recession. However, the empirical literature has only focused on advanced and emerging countries. This paper aims to contribute to filling this gap by examining the case of Morocco, a developing country belonging to the lower-middle-income group. The question is whether its production network is a factor in amplifying idiosyncratic industry-level shocks or, conversely, ...
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Hamza Saoudi & Imane LahrichOctober 27, 2023Au cours de cet épisode, nous aborderons les aspects suivants : la définition de l'emploi informel, son importance dans l'économie marocaine, les raisons de sa prévalence, les implication ...
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AuthorsJean Louis-SarbibOctober 18, 2023Addressing inequalities in all their forms has emerged as one of the major global challenges faced by numerous countries across the globe, particularly in Africa. In a context where Africa faces many pressing challenges that are the subject of much analysis (Sarbib et al. 2022), there is a clear gap in conducting comprehensive reviews focused on inequalities, partly due to the lack of available data. Inequalities, which are both consequences and partial causes of poor development o ...
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October 12, 2023The African continent has long been a focal point for discussions surrounding economic development, global finance, and international cooperation. With the ever-changing global economic landscape and the emergence of new financial paradigms, it is imperative to explore how Africa positi...