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Morocco: Selected Issues

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  • International Monetary Fund

Abstract

This paper discusses two selected issues related to the economy of Morocco: fiscal multipliers and efficiency of public spending on education in Morocco. Because of the several exogenous shocks to the economic condition of Morocco, interest in estimating the size of the fiscal multiplier has increased in recent past. To better understand the size of the fiscal multiplier, it may be necessary to better comprehend the relationship between key macroeconomic variables in both the short and long run. Despite spending substantially on education in compared to other countries, youth unemployment in Morocco is high. This paper aims to help tackle youth unemployment by focusing on the efficiency of public spending on education.

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  • International Monetary Fund, 2016. "Morocco: Selected Issues," IMF Staff Country Reports 2016/036, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2016/036
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    1. Ruwan Jayasuriya & Quentin Wodon, 2003. "Efficiency in Reaching the Millennium Development Goals," World Bank Publications - Books, The World Bank Group, number 13884, December.
    2. Herrera, Santiago & Pang, Gaobo, 2005. "Efficiency of public spending in developing countries : an efficiency frontier approach," Policy Research Working Paper Series 3645, The World Bank.
    3. Pierre-Richard Agénor & Karim El Aynaoui, 2015. "MOROCCO : Growth strategy for 2025 in an evolving international environment," Books & Reports, Policy Center for the New South, number 2.
    4. Francesco Grigoli, 2015. "A Hybrid Approach to Estimating the Efficiency of Public Spending on Education in Emerging and Developing Economies," Applied Economics and Finance, Redfame publishing, vol. 2(1), pages 19-32, February.
    5. Gupta, Sanjeev & Verhoeven, Marijn, 2001. "The efficiency of government expenditure: experiences from Africa," Journal of Policy Modeling, Elsevier, vol. 23(4), pages 433-467, May.
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    Cited by:

    1. Mr. Babacar Sarr & Mokhtar Benlamine & Zsuzsa Munkacsi, 2019. "The Macroeconomic Effects of Labor and Product Market Reforms in Morocco," IMF Working Papers 2019/222, International Monetary Fund.
    2. Ghiaie, Hamed & Auclair, Gregory & Noah Ndela Ntsama, Jean Frederic, 2019. "Macroeconomic and welfare effects of tax reforms in emerging economies: A case study of Morocco," Journal of Policy Modeling, Elsevier, vol. 41(4), pages 666-699.

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