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Documentos CIDOB Mediterráneo; 6
The objective of this work is to analyse the structural reforms undertaken by Morocco over the past 25 years, paying close attention to its privatisation programme. In this sense, it examines the different stages in which this process has developed, highlighting the latest period of institutional progress given impetus in the framework of a government of alternation and after the ascension of Mohammed VI to the throne and especially promoted by the 2005 Action Plan defined by the European Neighbourhood Policy. The authors argue, as the main reason for the slowing of economic growth and the deficient improvement in standards of living in the country, the development of an economic policy that translates into rigidity in the job market, excessive fiscal pressure, a regime of fixed exchange rates that compromise foreign competitiveness and a trade policy which is still very protectionist.
Ángel García Ortiz is a Lecturer in the Department of Economics and Statistics at Florida Universitària, Valencia
Josep Mª Jordán is a Professor of Applied Economics at the University of Valencia
ISSN: 1696-9979 (print edition)
ISSN: 1887-1801 (online edition)
75 pp.
Ángel García Ortiz and Josep Mª Jordán
Date of publication: 10/2006
Issue price: 8 €
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