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The paper describes a semistructural macrofiscal approach to simulating and forecasting macroeconomic policies. The model focuses on only a few variables that are consistent with the New Keynesian framework. Thanks to its simplicity, it facilitates an initial and intuitive understanding of monetary and fiscal policy transmission channels, and their main impact on economic activity. The model is adapted to Morocco and we demonstrate its application with an illustrative scenario of policy responses to a slower-than-expected recovery from the Covid-19 pandemic, under different monetary policy and exchange rate regimes.
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This book presents a detailed critical analysis of the work of Fatima Mernissi. Mernissi is considered to be one of the major figures in Feminist thought for both Morocco and Muslim society in general. This work discusses Mernissi's intellectual trajectory from 'secular' to 'Islamic' feminism in order to trace the evolution of so-called Islamic feminist theory. The book also engages critically with the work of other Muslim feminists, using frameworks and approaches developed in the works of Muslim reformist thinkers, namely Mohammed Arkoun and Nasr Abu Zaid, with the aim of engaging the theorization of this emerging Feminism.
Throughout the past two decades, Morocco has faced several external and domestic shocks, including large swings in international oil prices, regional geopolitical tensions, severe droughts, and most recently the impact of the pandemic and the economic fallout from Russia's invasion of Ukraine. Despite rough waters, the government stayed the course and remained focused not only on immediate stability, but also on the long-term needs of the Moroccan economy. This involved the adoption of a series of difficult measures, like the elimination of energy subsidies, and a strategy aimed at improving the country's infrastructure, diversifying the production and export bases by attracting foreign inve...
This paper assesses Morocco’s potential output and the scope for structural reforms to reverse the downward trend in economic performance observed since the Global Financial Crisis. Using multivariate filtering (MVF) techniques, our analysis finds that the downward secular trend in potential growth was primarily driven by the decline in the contribution of labor inputs. We then combine production function and general equilibrium model approaches to provide estimates of the potential macroeconomic impact of Morocco’s structural reform agenda. The results suggest that the planned structural reforms could deliver sizable output gains in the medium to long term with reforms that would reduce the large gender gap in Morocco’s labor market yielding the greatest payoffs.
This book presents Volume 1 of selected research papers presented at the Second International Conference on Digital Technologies and Applications (ICDTA 22), held at Sidi Mohamed Ben Abdellah University, Fez, Morocco, on January 28–29, 2022. This book highlights the latest innovations in digital technologies as: artificial intelligence, Internet of Things, embedded systems, network technology, information processing and their applications in several areas as hybrid vehicles, renewable energy, mechatronics, medicine... This book will encourage and inspire researchers, industry professionals, and policymakers to put these methods into practice.
Established in 1971, Nass el-Ghiwane is a legendary musical group that transformed the Moroccan music scene in the last decades of the 20th century. The charismatic founding member Larbi Batma (1948-1997) through his lyrics brought to light Moroccan folklore and obscure poetry. His autobiography Al-raḥīl, blurs the boundaries between fact and fiction and deals with social issues plaguing post-independence Morocco. Providing a reading of Al-raḥīl, this book is the first in English to examine the work of Nass el-Ghiwane, as well as the emergence of al-Ūghniya al-Ghīwaniya as a musical genre and the social conditions that fostered its growth.
This book reports on innovative concepts and practical solutions at the intersection between engineering design, production and industrial management. It covers cutting-edge design, modeling and control of dynamic and multiphysics systems, knowledge management systems in industry 4.0, cyber-physical production systems, additive and sustainable manufacturing and many other related topics. It also highlights important collaborative works between different countries and between industry and universities. Gathering the proceedings of the 12th International Conference on Integrated Design and Production, CPI 2022, held on May 10-12, 2022, at École Nationale Supérieure d'Arts et Métiers (ENSAM), in Rabat, Morocco, this book gathers carefully peer-reviewed chapters, with extensive information for researchers and professionals in the broad area of engineering design, production and management.