Although the kingdom’s foreign policy choices have always been driven by pragmatism, Morocco has lately become more audacious in the way it projects its international profile. Much of this has been the result of its successful ventures into sub-Saharan Africa, where the country is increasingly becoming an important economic player, as well as...
How should Morocco’s role in the region evolve, and what strengths can it leverage in this regard?
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After several years of decline due to liquidity shortages, a high current account deficit and reduced export demand from Europe, Morocco’s bourse is growing again, with its market capitalisation rising significantly in 2014 and early 2015. Trading is concentrated in a small number of companies and investors – the 10-most-traded shares made up three-quarters of transactions in 2014, carried out...
With steady GDP growth and consistently low inflation, Morocco’s economic performance has both diversified and strengthened in recent years on the back of growth in the secondary and tertiary sectors, as the government has been channelling capital into productive industries such as manufacturing, finance and telecoms. As an energy importer, the kingdom is benefitting from lower international...
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