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05/12/2015
Economic Publications

Morocco: the challenge of becoming an emerging economy

Coface Morocco Panorama : Challenge of becoming an emerging market

Moroccan economy remains resilient during the last world economic crisis and was able to resist to Arab springs. In an increasingly unstable International environment, Morocco remains stable. Implementing an original development model, the country succeed the challenge to accelerate its potential growth when the major big emerging markets slow down.

The bet that morocco attempts to meet is not only to develop its traditional sectors, but also diversify its activity towards products and services with higher added value. The country intends to attract more foreign direct investment (FDI), becoming a crossroads between the European Union and the African continent, and enhance its economic relations with Sub-Saharan countries.

These developments suggest that Morocco could in the near future, regarding Colombia or Peru, join the group of the “new emerging countries”.

However, this optimism should not hide some persistent fragilities, in particular substantial twin deficits and public debt from several years.

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Maroc Challenge of becoming an emerging Market
  • Morocco is doing better than its neighbours but less well than the “new emerging countries”.
  • From traditional agriculture to agribusiness
  • New export sectors
Download this publication : Morocco: the challenge of becoming an emerging economy (382.02 kB)

Contact


Meriam RACHDI

RACHDI Meriam
Marketing & Communication
Maghreb, Central & West Africa
13 Rue Ibnou Toufail - Palmier
Casablanca - Marocco
Tel :+ 212 522 98 98 93
Email : meriam.rachdi@coface.com

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