For many countries in North Africa, 2013 was not an easy year, with continuing volatility at home and underwhelming growth in Europe, its primary trade partner. Morocco, however, was very much an exception. The country rebounded from a more modest performance in 2012 to deliver 4.4% GDP growth, with the economy bolstered by a return to form in...
To what extent has the precautionary credit line from the IMF protected the Moroccan economy from exogenous shocks?
How should the National Pact for Industrial Emergence be extended to boost exports to the EU?
Historically referred to as the land behind the beyond, or the land at the end of the world, Morocco has long capitalised on its location between Europe, the Middle East and Africa. The kingdom has in recent years begun to try to position itself as a gateway to West Africa, strengthening bilateral ties with countries such as Gabon and Côte d’Ivoire, but there is a more...
As in other developing countries, small and medium sized enterprises (SMEs) and very small businesses (VSBs) play an important role in Morocco’s economy. The head of the cooperation service at the National Agency for SME Promotion (Agence Nationale pour la Promotion des Petites et Moyennes Entreprises, ANPME), Houssam Fathi, told OBG that SMEs account for almost 95% of all...
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