Creating Markets in Morocco : A Second Generation of Reforms - Boosting Private Sector Growth, Job Creation and Skills Upgrading
Morocco has steered significant resources towards large investments in economic sectors identified as strategic to growth, and for increased productivity and value addition. Despite Morocco’s strikingly high investment rate, one of the highest in t...
| Main Authors: | , |
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| Format: | Report |
| Language: | English |
| Published: |
International Finance Corporation, Washington, DC
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/228331567687617816/Creating-Markets-in-Morocco-a-Second-Generation-of-Reforms-Boosting-Private-Sector-Growth-Job-Creation-and-Skills-Upgrading http://hdl.handle.net/10986/32402 |
| Summary: | Morocco has steered significant
resources towards large investments in economic sectors
identified as strategic to growth, and for increased
productivity and value addition. Despite Morocco’s
strikingly high investment rate, one of the highest in the
world at an average of thirty-four percent of gross domestic
product (GDP) annually since the mid-2000s, the returns in
economic growth, job creation and productivity, have been
disappointing. The Moroccan economy has performed
particularly poorly in terms of job creation. A more vibrant
private sector is needed to create more jobs. This CPSD
identifies policy recommendations and investment
opportunities that would foster job creation by the formal
private sector and improve labor supply in skills that would
anchor Morocco as an emerging economy, to continue its path
of growth, and to move into higher value-added and
innovative sectors. |
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