While Morocco may seem stable, history suggests this will not last and the mood on the streets can change quickly due to high inflation rates.
HomeAuthor Rachid Aourraz
is an economist research and founding member of the Moroccan Institute for Policy Analysis.Rachid holds a PhD in applied economics, with a focus on human capital and economic growth in Morocco. He is the author of numerous policy papers and reports on Morocco’s economic development and reform, education, citizen-state relations, and the impact of the global COVID-19 pandemic. Rachid is also often invited in news¬paper and TV programs to comment on economic issues throughout the Arab world.
Morocco can boost private investors’ confidence and encourage them to take risks in a context clouded by the consequences of both COVID-19 and 10 years of chaos and instability in the region.
While Morocco has made, over the past few years, notable progress in the World Bank’s Doing Business index. This, however, had almost no economic impact because the country did not make tangible progress in the fields of governance, economic freedom, property rights protection, and fight against corruption
Economic DevelopmentInstitutional ReformsResearchStalled Liberalization: How the Rentier Economy ousted Uber from Morocco
Uber’s departure from Moroccan markets reflects the rentier economy’s ability to hamper the process of economic liberalization
The plan to liberalize the Moroccan Dirham (MAD) has repeatedly faltered due to speculation by the Moroccan banks, which indicates their distrust in the country’s Moroccan economic institutions