Morocco: Selected Issues

International Monetary Fund

No 2005/419, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper on Morocco analyzes Morocco’s growth performance over the past thirty-five years with a special focus on the more recent past. The paper presents stylized trends in growth; it first puts the overall growth performance of Morocco in an international perspective, including an analysis of the evolution of growth volatility, and then decomposes growth by major sectors to retrospectively identify patterns of structural transformation as well as the most dynamic sectors. The paper also analyzes accumulation of factors of production and total factor productivity growth through a growth accounting exercise.

Keywords: ISCR; CR; capital stock; nominal GDP; exchange rate regime; growth performance; interest rate; total factor productivity growth; IMF staff estimate; growth objective; primary sector; GDP growth; Exchange rate arrangements; Exchange rates; Exchange rate flexibility; Total factor productivity; Conventional peg; Global; Middle East; North Africa; Eastern Europe; East Africa; Maghreb; Asia and Pacific (search for similar items in EconPapers)
Pages: 90
Date: 2005-11-23
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2005/419

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