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Economic Integration in the Maghreb
Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their total trade, substantially lower than in all other regional trading blocs around the world. Geopolitical considerations and restrictive economic policies have stifled regional integration. Economic policies have been guided by country-level considerations, with little attention to the region, and are not coordinated. Restrictions on trade and capital flows remain substantial and constrain regional integration for the private sector.
The Macroeconomic Effects of Labor and Product Market Reforms in Morocco
This paper studies the macroeconomic effects and sequencing of (LMRs) and product (PMRs) market reforms in Morocco. It finds that introducing LMRs and PMRs simultaneously would add about 2.5 percentage points (pp) of GDP growth and reduce unemployment by about 2.2 pp after five years. If sequencing is required, starting with PMRs would be more effective in boosting output, while starting with LMRs would reduce unemployment faster. Finally, increasing unemployment benefits would be more effective if this reform takes place after the implementation of LMRs and PMRs.
America's Game(s)
This book considers how to locate America in the sporting world and howAmerican Sport should reflect the vast networks of expertise, finance, and performance moving out from American athletic body as well as the influx of talent coming from abroad.
Integrated Irrigation and Aquaculture in West Africa
This publication contains background documents and papers presented at a workshop on integrated irrigation aquaculture (IIA), held in Mali in November 2003, as well as the findings of FAO expert missions on IIA in the West Africa region. The rationale for IIA development lies in its potential to increase productivity of scarce freshwater resources and to reduce pressure on natural resources, issues of particular important in the drought-prone countries of West Africa.
إفري ايقوآسيا الوسطى الشرق الأوسط وشمال لدعم النمو الاحتوائي في إصلاح الحوكمة الاقتيداصة
Curbing corruption can help countries achieve higher and more inclusive growth. The paper focuses on the Middle East, North Africa, and the Caucasus and Central Asia. The roots of corruption often lie in poor economic governance, and thus improving governance of economic institutions can help curb corruption. While every MCD country possesses its own strengths and weaknesses, there are some common themes and problems that emerge.
Economic Governance Reforms to Support Inclusive Growth in the Middle East, North Africa, and Central Asia
Curbing corruption can help countries achieve higher and more inclusive growth. The paper focuses on the Middle East, North Africa, and the Caucasus and Central Asia. The roots of corruption often lie in poor economic governance, and thus improving governance of economic institutions can help curb corruption. While every MCD country possesses its own strengths and weaknesses, there are some common themes and problems that emerge.
Morocco
Following the expiration of the third Precautionary and Liquidity Line (PLL) arrangement, in July 2018, the authorities have requested a new PLL arrangement. They did not draw on the last three arrangements and have made further progress in reducing domestic vulnerabilities in recent years, despite a sharp pick up in oil prices. In an external environment that remains subject to important downside risks, a successor arrangement will support the authorities’ policies to strengthen the economy’s resilience and promote higher and more inclusive growth.
