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...
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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 |
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okr-10986-324022021-05-25T09:27:46Z Creating Markets in Morocco : A Second Generation of Reforms - Boosting Private Sector Growth, Job Creation and Skills Upgrading International Finance Corporation World Bank PRIVATE SECTOR DEVELOPMENT INVESTMENT CLIMATE BUSINESS ENVIRONMENT ENTREPRENEURSHIP SMALL AND MEDIUM ENTERPRISES ACCESS TO FINANCE FINANCIAL INCLUSION DIGITAL ECONOMY PUBLIC PROCUREMENT ACCESS TO LAND INFRASTRUCTURE INFRASTRUCTURE FINANCE TERTIARY EDUCATION VOCATIONAL TRAINING AUTOMOTIVE INDUSTRY AEROSPACE INDUSTRY 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. 2019-09-17T19:22:59Z 2019-09-17T19:22:59Z 2019-06-01 Report 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 English Country Private Sector Diagnostic; CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Economic & Sector Work Economic & Sector Work :: PSD, Privatization and Industrial Policy Middle East and North Africa Morocco |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
PRIVATE SECTOR DEVELOPMENT INVESTMENT CLIMATE BUSINESS ENVIRONMENT ENTREPRENEURSHIP SMALL AND MEDIUM ENTERPRISES ACCESS TO FINANCE FINANCIAL INCLUSION DIGITAL ECONOMY PUBLIC PROCUREMENT ACCESS TO LAND INFRASTRUCTURE INFRASTRUCTURE FINANCE TERTIARY EDUCATION VOCATIONAL TRAINING AUTOMOTIVE INDUSTRY AEROSPACE INDUSTRY |
spellingShingle |
PRIVATE SECTOR DEVELOPMENT INVESTMENT CLIMATE BUSINESS ENVIRONMENT ENTREPRENEURSHIP SMALL AND MEDIUM ENTERPRISES ACCESS TO FINANCE FINANCIAL INCLUSION DIGITAL ECONOMY PUBLIC PROCUREMENT ACCESS TO LAND INFRASTRUCTURE INFRASTRUCTURE FINANCE TERTIARY EDUCATION VOCATIONAL TRAINING AUTOMOTIVE INDUSTRY AEROSPACE INDUSTRY International Finance Corporation World Bank Creating Markets in Morocco : A Second Generation of Reforms - Boosting Private Sector Growth, Job Creation and Skills Upgrading |
geographic_facet |
Middle East and North Africa Morocco |
relation |
Country Private Sector Diagnostic; |
description |
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. |
format |
Report |
author |
International Finance Corporation World Bank |
author_facet |
International Finance Corporation World Bank |
author_sort |
International Finance Corporation |
title |
Creating Markets in Morocco : A Second Generation of Reforms - Boosting Private Sector Growth, Job Creation and Skills Upgrading |
title_short |
Creating Markets in Morocco : A Second Generation of Reforms - Boosting Private Sector Growth, Job Creation and Skills Upgrading |
title_full |
Creating Markets in Morocco : A Second Generation of Reforms - Boosting Private Sector Growth, Job Creation and Skills Upgrading |
title_fullStr |
Creating Markets in Morocco : A Second Generation of Reforms - Boosting Private Sector Growth, Job Creation and Skills Upgrading |
title_full_unstemmed |
Creating Markets in Morocco : A Second Generation of Reforms - Boosting Private Sector Growth, Job Creation and Skills Upgrading |
title_sort |
creating markets in morocco : a second generation of reforms - boosting private sector growth, job creation and skills upgrading |
publisher |
International Finance Corporation, Washington, DC |
publishDate |
2019 |
url |
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 |
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1764476474571620352 |