Resilience and growth through sustaind adjustment : the moroccan experience /

This paper reviews and analyzes how Morocco overcame the economic and financial crisis it confronted at the beginning of the 1980s. It highlights the challenges that still confront the Moroccan economy and the lessons that can be drawn from Morocco's adjustment experience.

• Other Authors: Nsouli, Saleh M.
• Format: Book
• Language: English
• Published: Washington, D.C. : International Monetary Fund, 1995
• Series: Occasional paper (Fondo Monetario Internacional) 117
• Subjects: POLITICA FISCAL; POLITICA ECONOMICA; POLITICA DE AJUSTE; POLITICA MONETARIA; CONVERTIBILIDAD DE LA MONEDA; MARRUECOS; POLITICA TRIBUTARIA

Table of Contents:

• 1. Introduction
• 2. Economic and financial crisis in the early 1980s
• 3. Adjustment strategy
• 4. Fiscal policy
• 5. Monetary management and financial sector restructuring
• 6. Liberalization of the economy
• 7. Move to convertibility
• 8. Performance
• 9. Challenges and lessons
• References
• Tables .. Charts
• Appendix.