Covid-19 et déficit du développement: pour une réponse conjointe au Maroc

Covid-19 and development deficit: for a joint response in Morocco

Yasser Y. Tamsamani

MPRA Paper from University Library of Munich, Germany

Abstract: The main purpose of this paper is to demonstrate the merits of a joint response to the health crisis emergency and to the development challenges, which involves the establishment of the welfare state in Morocco. Based on the macroeconomic framework provided by the economist M. Kalecki, our analysis will try to ensure the internal coherence of economic policies that meet the requirements of a social state. Furthermore, three new paths are discussed on how to finance some aspects of this social state. These paths are articulated initially to reestablish the central role of fiscal policy in the development of the country, with the backing of a monetary policy. Additionally, it would have an indirect incentive effect on the banking system to be more involved in the Moroccan economy.

Keywords: Covid-19; development; social state; fiscal policy; public banking; wealth taxation (search for similar items in EconPapers)
JEL-codes: H1 H6 O1 P16 (search for similar items in EconPapers)
Date: 2021-01-06
New Economics Papers: this item is included in nep-ara
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:105219

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