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
    Selective review of food security policy worldwide: what can be learned from international experiences in order to shape food security policy in africa? - Part II
    Authors
    Isabelle Tsakok
    Fatima Ezzahra Mengoub
    November 26, 2020
    Food security for all requires (i) sustained productivity growth and competitiveness, not only of agriculture but of the entire economy; (ii) a social safety net; and (iii) resilience in the face of periodic shocks. This is the central message of this review. Two popular concepts in food security for all are food self-sufficiency (FSS) and food sovereignty (FSY). While countries have pursued different policies to achieve FSS, the common element in their approaches is the misguided ...
  • Download PDF
    Africa’s Insurance Potential: Trends, Drivers, Opportunities and Strategies
    Authors
    Landry Signé
    November 26, 2020
    The insurance sector is rapidly expanding in Africa as firms, households, and governments are increasingly becoming customers in life insurance, non-life insurance, and reinsurance markets. In 2019, Africa’s insurance premiums were valued at $68.15 billion 1 . The largest insurance markets can be found in South Africa, Kenya, Egypt, Nigeria, Algeria, Angola, and Tunisia, which together comprised 83% of all African premiums in 2019 2 . Africa’s insurance sector is often overlooked wi ...
  • What Could President-Elect Joe Biden’s African Strategy Be?
    Authors
    Souha Majidi
    November 26, 2020
    The Trump Administration “America First” policy changed U.S. foreign policy towards the African continent. Trump opposed trade agreements with several countries, considering them to be unfavorable to the U.S., given the nature of the African market. He shifted the U.S. concern in Africa from fighting against violent extremism and terrorism to a direct competition with other great powers—China and Russia—which had already extensively implemented African strategies. He endeavored to r ...
  • Le RCEP et le « Quad », deux coups de tonnerre
    Authors
    Dominique Bocquet
    November 25, 2020
    Coup sur coup, deux accords géants sont venus marquer l’actualité internationale. L’un, est économique et sonne comme un coup de tonnerre : c’est le RCEP (Regional Comprehensive Economic Partnership), vaste accord commercial asiatique, signé le 15 novembre 2020. Cette date restera dans l’histoire comme ayant associé la Chine à un ensemble de pays asiatiques. Il inclut l’ASEAN (Association des Nations d’Asie du Sud-est, à l’initiative de la démarche) mais, aussi, le Japon et la Corée ...
  • Economy Recovery and Scars from Coronavirus
    November 24, 2020
    The global economic activity has climbed up since June but there are signs that the recovery may be losing momentum. Instead of a V, U, W, or L, a square root as a recovery shape looks more likely, as we approached before in this series. And the crisis is likely to leave deep, unequal s...
  • A Bad Year? Climate Variability and the Wine Industry in Chile
    Authors
    Eduardo Amaral Haddad
    Patricio Aroca
    Pilar Jano
    Ademir Rocha
    Bruno Pimenta
    November 23, 2020
    Short-term climate conditions may affect crop yields and vintage quality and, as a consequence, wine prices and vineyards’ earnings. In this paper, we use a Computable General Equilibrium (CGE) model for Chile, which incorporates very detailed information about the value chain of the wine sector in the country. Using information for the 2015-2016 harvest, we calibrate climate variability shocks associated with a “bad year” for the wine industry in Chile, when premature rains occurre ...
  • Download PDF
    La guerre commerciale sino-américaine: Quel bilan à l’issue de la présidence Trump ?
    Authors
    Laurence Nardon
    Mathilde Velliet
    November 23, 2020
    En 2016, l’une des grandes promesses de campagne du candidat républicain Donald Trump était de mettre fin aux pratiques commerciales chinoises, jugées déloyales et responsables du déficit commercial américain. L’imposition d’importants droits de douane allait forcer le gouvernement chinois à négocier. Les pratiques dénoncées par Trump – sous-évaluation du yuan, transferts forcés de technologie, violations de la propriété intellectuelle, manque d’ouverture aux importations – s’inscr ...