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Two decades of liberalization reforms in Morocco: Successes and failures

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  • Aouatif El Fakir

    (LATTS - Laboratoire Techniques, Territoires et Sociétés - UPEM - Université Paris-Est Marne-la-Vallée - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique)

Abstract

The declared objective of the liberalization reforms during the 1980s and the 1990s was to accelerate the transformation of pre-capitalist developing economies into "modern" market economies. With this objective in mind, International agencies and donors promoted policies to confine the State to service-delivery and to integrate these economies in the global trade. Why did the liberalization reforms fail to make national markets more efficient and private sector more active? Why did not these reforms increase investments, growth and welfare, as the liberalization theories had predicted? In this paper, we try to answer these questions for the case of Morocco by focusing on sustainable competitiveness and growth. We assess the effects of reforms on the country's capability to design and manufacture competitive products and processes taking advantage of technologies, whether imported or domestic. In other words, we evaluate the consequences of the reforms with respect to: i) the emergence of an institutional framework for economic take-off and ii) technological learning.

Suggested Citation

  • Aouatif El Fakir, 2011. "Two decades of liberalization reforms in Morocco: Successes and failures," Post-Print hal-01347753, HAL.
    • Handle: RePEc:hal:journl:hal-01347753
    DOI: 10.1057/9780230307001
    Note: View the original document on HAL open archive server: https://hal.science/hal-01347753
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    References listed on IDEAS

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