Publication: Creating Markets in Morocco: A Second Generation of Reforms - Boosting Private Sector Growth, Job Creation and Skills Upgrading
Date
2019-06-01
ISSN
Published
2019-06-01
Author(s)
International Finance Corporation
World Bank
Abstract
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.
Link to Data Set
Citation
“International Finance Corporation; World Bank. 2019. Creating Markets in Morocco: A Second Generation of Reforms - Boosting Private Sector Growth, Job Creation and Skills Upgrading. Country Private Sector Diagnostic;. © International Finance Corporation, Washington, DC. http://hdl.handle.net/10986/32402 License: CC BY-NC-ND 3.0 IGO.”