Advanced Search
MyIDEAS: Login to save this paper or follow this series

Are the Conditions for the Adoption of IT Satisfied in Morocco?

Contents:

Author Info

  • Adel Boughrara

    ()
    (University of Sousse, Tunisia)

  • Mongi Boughzala

    ()
    (University of Tunis ElManar, Tunisia)

  • Hassouna Moussa
Registered author(s):

    Abstract

    The objective of this paper is to explore the feasibility and efficiency of inflation targeting as a new monetary strategy in Morocco. Inflation targeting (IT) is a strategy that aims primarily at controlling inflation and makes it its main objective, but it goes well beyond the simple adoption of a quantitative goal for inflation. A central bank following IT has to set up well-defined rules and performance goals for which it is held accountable by the media, the markets and the government. IT framework is demanding in terms of institutional and economic conditions. These conditions include: central bank independence, accountability and transparency, a sound financial system, fiscal discipline and a flexible exchange rate regime. Through the analysis of the recent monetary and fiscal policies in Morocco and a systematic examination of the fulfillment of the IT conditions we argue that morocco is not yet ready for IT and a transition period would be required. The possibility and the risks linked to the adoption of IT in Morocco are explored through a formal model in the last section of this paper.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.erf.org.eg/CMS/getFile.php?id=1262
    Our checks indicate that this address may not be valid because: 500 Can't connect to www.erf.org.eg:80 (10060). If this is indeed the case, please notify (Namees Nabeel)
    Download Restriction: no

    File URL: http://www.erf.org.eg/cms.php?id=NEW_publication_details_working_papers&publication_id=1004
    Our checks indicate that this address may not be valid because: 500 Can't connect to www.erf.org.eg:80 (10060). If this is indeed the case, please notify (Namees Nabeel)
    Download Restriction: no

    Bibliographic Info

    Paper provided by Economic Research Forum in its series Working Papers with number 444.

    as in new window
    Length: 34 pages
    Date of creation: Oct 2008
    Date of revision: Oct 2008
    Publication status: Published by The Economic Research Forum (ERF)
    Handle: RePEc:erg:wpaper:444

    Contact details of provider:
    Postal: 7 Boulos Hanna Street, Dokki, Cairo
    Phone: 202-3370810
    Fax: 202-3616042
    Email:
    Web page: http://www.erf.org.eg
    More information through EDIRC

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:erg:wpaper:444. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Namees Nabeel).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.