Morocco: Selected Issues

International Monetary Fund

No 2016/036, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses two selected issues related to the economy of Morocco: fiscal multipliers and efficiency of public spending on education in Morocco. Because of the several exogenous shocks to the economic condition of Morocco, interest in estimating the size of the fiscal multiplier has increased in recent past. To better understand the size of the fiscal multiplier, it may be necessary to better comprehend the relationship between key macroeconomic variables in both the short and long run. Despite spending substantially on education in compared to other countries, youth unemployment in Morocco is high. This paper aims to help tackle youth unemployment by focusing on the efficiency of public spending on education.

Keywords: ISCR; CR; public spending; real GDP; Morocco; government spending shock; policy; public spending efficiency; VAR technique; multipliers in Morocco; youth unemployment; student absenteeism index; dampening effect; Government consumption; Education spending; Expenditure efficiency; Asia and Pacific; Global; Western Hemisphere (search for similar items in EconPapers)
Pages: 28
Date: 2016-02-08
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Citations: View citations in EconPapers (2)

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