The Paradoxes of Macroeconomic Policies in Development Countries: The Case of Morocco

Abstract

Morocco has embarked on a process of formulating and implementing priority reforms aimed at improving the country's socio-economic environment. In this sense, it has put in place several strategies to promote economic activity and integrate its economy into the global economy. Consequently, the development and strengthening of the private sector has taken a major place on the basis of its role in the socio-economic development of the country. The promotion of investment and the encouragement of the private sector require not only the political commitment of the State but also the intervention of the main economic actors and a favorable socio-cultural environment. The purpose of this paper is therefore to explore recent developments in the Moroccan economy. To this end, we shall return to the major benchmarks of economic reforms espoused by Morocco. Later, we will deal with the Moroccan context by analyzing possible relationships that may exist between some macroeconomic indicators.