Morocco: Selected Issues

Author: International Monetary Fund

Volume/Issue: Volume 2004 Issue 164

Publication date: June 2004

ISBN: 9781451824735

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Economics- Macroeconomics , Public Finance , ISCR , CR , Morocco , remittance , liberalization , trade creation , liberalization effort , EU export creation , remittances in Morocco , remittance inflow , workers' remittance , trade creation from the Barcelona process , EU concession , EU relative , Remittances , Outward remittances , Government debt management , Exports , Europe , Middle East , North Africa , Sub-Saharan Africa , Global , East Africa

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Summary

This Selected Issues paper analyzes the recent developments in the Moroccan economy and its policy challenges over the medium term. It assesses the sustainability of public debt in Morocco. The paper uses the analytical framework for assessing debt sustainability in emerging market countries endorsed by the IMF Executive Board and compares Morocco’s vulnerabilities with those of the average emerging market country. The paper also examines the effects on Morocco’s trade pattern of the ongoing integration with the European Union within the Barcelona process.