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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...
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AuthorsFederica AlfaniDominique FayadGregory AuclairDániel BaksaHippolyte BalimaDavid BartoliniChakib BenmoussaOlivier BizimanaAleš BulířMoëz CherifFabio ClementiAnanta DuaJavier Díaz-CassouMichele FabianiLisa KolovichChiara MaggiCarole MegevandVasco MoliniAnta NdoyeLorraine OcamposMaximilien QueyranneFrancisco RochEnzo ValentiniOctober 9, 2023This book was originally published on elibrary.imf.org Throughout the past two decades, Morocco has faced several external and domestic shocks, including large swings in international oil prices, regional geopolitical tensions, severe droughts, and most recently the impact of the pandemic and the economic fallout from Russia’s invasion of Ukraine. Despite rough waters, the government stayed the course and remained focused not only on immediate stability, but also on the long-ter ...
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AuthorsOctober 9, 2023This paper was originally published on mdpi.com The labor market can be a daunting place for young graduates; this paper aims to shed light on how they navigate it. By examining the ways in which they enter the workforce and the impact of individual and socioeconomic factors on their career paths, we gain a deeper understanding of the challenges they face. We use a two-stage approach to study this issue: first, we create a typology of graduates’ integration paths and then estima ...
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AuthorsOctober 6, 2023This paper reviews the past performance of industrialization in Africa and identifies key considerations for policymaking. To date, African countries have lagged in industrialization compared to other continents, in spite of the determined efforts and aspirations of their leaders. However, recent evidence suggests that Africa’s de-industrialization trend began to reverse in the past decade, with some countries experiencing growth in manufacturing employment. Notably, more jobs have ...
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Helmut Sorge & Abla Abdel LatifOctober 06, 2023The confluence of Covid 19 and the ongoing war between Russia and Ukraine has resulted in a troublesome surge of inflation not seen for decades. Developing nations, particularly in Africa ...
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October 4, 2023Dans ce numéro spécial de notre émission, nous explorerons les contours et les performances de l'économie africaine face aux multiples défis planétaires. La pandémie de Covid-19 continue de susciter des inquiétudes avec l'émergence de nouveaux variants, tandis que les catastrophes clima...
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AuthorsAmit JainSeptember 26, 2023On the day he formally took power in Nigeria, 29 May, President Bola Tinubu put an end to fuel subsidies. It was a bold and politically difficult decision, but long overdue. Nigeria is a leading oil producer and yet its citizens struggle to put gas in their tanks. It exports crude oil but imports refined fuels. For years, the government capped the gasoline price and paid importers the difference between the higher landed cost of petrol and diesel and the lower price at the pump. Th ...