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Morocco

Authors: El Kadiri, Fatima; Angel-Urdinola, Diego F.; Pallares-Miralles, Montserrat;
Abstract

Main macroeconomic indicators in Morocco (notably economic growth, inflation) are expected to remain appropriate in the short-medium term. Despite negative impacts in the economy due to developments in the Eurozone, in particular sovereign debt crises in Spain and Italy, among other countries, economic growth in Morocco has been positive averaging 4.3 percent per year between years 2010 and 2013. Morocco has displayed important progress in the Bank’s twin objectives of reducing poverty and promoting shared prosperity. Inequality and vulnerability remain important challenges. Despite some notable progress on key human development indicators, Morocco still lags behind in health and education achievements. One of the key challenges for Morocco is that economic growth has not achieved enough employment growth to the needs of a saturated labor market. To achieve faster economic growth, Morocco will need a structural transformation of its economy, with a focus on broadening economic opportunities. Low employment rates in Morocco are largely explained by very low rates of participation of women in the labor force. Most employment creation in Morocco happens in the services and construction sectors, while the agriculture and manufacturing sectors (as these sectors become more productive and substitute labor by capital) actually suffer from net job destruction of approximately 35 thousand jobs per year.

Country
United States
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Keywords

DISADVANTAGED YOUTH, EMPLOYMENT PROGRAMS, TRAINING SYSTEM, LABOR ORGANIZATION, WAGE POLICY, PUBLIC SECTOR EMPLOYEES, HEALTH INSURANCE, ACTIVE LABOR MARKET POLICIES, EMPLOYMENT GROWTH, EMPLOYMENT OPPORTUNITIES, TRAINING PROGRAMS, DEADWEIGHT LOSS, JOB, LABOR MARKET INFORMATION SYSTEMS, EDUCATIONAL LEVELS, TRAINING CENTERS, DRIVERS, EMPLOYMENT, CARPENTERS, LABOR REGULATIONS, TRAINING SERVICES, UNEMPLOYED POPULATION, ACTIVE LABOR MARKET, MINIMUM WAGES, AVERAGE WAGES, PUBLIC WORKS PROGRAM, UNEMPLOYMENT, DISMISSAL, LOW EMPLOYMENT, LABOR MARKET POLICIES, STATE-OWNED ENTERPRISES, WORKERS, JOBS, INFORMAL SECTOR, HOUSEHOLD CONSUMPTION, WAGE SUBSIDY, CRAFTSMEN, EXOGENOUS SHOCKS, LABOR COST, TRAINING PROVIDERS, LABOR MARKET OUTCOMES, EARLY RETIREMENT, EMPLOYMENT PROGRAM, LABOR COSTS, LABOR REGULATION, DEBT CRISES, SKILLED WORKERS, 330, SERVANTS, PROGRAM CONDITIONAL, PRIMARY EDUCATION, LABOR MARKET INTERMEDIATION, WAGE LEVEL, COLLECTIVE BARGAINING, AGE GROUP, WORKER, PAYROLL TAXES, PUBLIC SERVICES, WAGE GROWTH, UNEMPLOYED YOUTH, UNEMPLOYED, LABOR MARKET PROGRAMS, INFORMAL ECONOMY, RETIREMENT, PRODUCTIVITY GAINS, SERVICE PROVIDER, LABOR MARKET, SAFETY NET, JOB SKILLS, JOB SEARCH, TRAINING POLICIES, PRIVATE TRAINING, JOB DESTRUCTION, SEVERANCE PAYMENTS, UNEMPLOYMENT LEVEL, FIRING COST, YOUTH UNEMPLOYMENT, TEMPORARY EMPLOYMENT, SALARIED WORKERS, EMPLOYABILITY, LABOR MOBILITY, PRIVATE SECTOR WORKERS, MINIMUM WAGE, ECONOMIC NEEDS, JOB SEEKERS, CONTRIBUTION RATE, PROGRAM DESIGN, LOCAL INFRASTRUCTURE, LABOR FORCE PARTICIPATION, UNEMPLOYED JOB SEEKERS, LABOR MARKET INFORMATION, ECONOMIC VULNERABILITY, EMPLOYEE, TRAINING CENTER, JOB PLACEMENT, LIFE EXPECTANCY, EMPLOYMENT POLICIES, AVERAGE WAGE, ECONOMIC SHOCKS, WAGE SUBSIDY PROGRAM, INFORMAL EMPLOYMENT, UNEMPLOYMENT RATE, JOBS CREATION, ACTIVE LABOR MARKET PROGRAMS, PUBLIC SECTOR WORKERS, NET EMPLOYMENT, HUMAN CAPITAL, DISADVANTAGED GROUPS, EMPLOYEES, PRIVATE SECTOR, REASONABLE ASSUMPTIONS, DEADWEIGHT, LIFE EXPECTANCIES, HUMAN RESOURCES, PRIVATE COMPANIES, LONG-TERM UNEMPLOYMENT, SKILLED LABOR, LABOR INTENSITY, UNEMPLOYMENT RATES, EMPLOYMENT RATES, MANAGEMENT, PRIMARY SCHOOL, LABOR, LABOR MARKETS, JOBLESS GROWTH, JOB SEARCH PROCESS, JOB CREATION, LABOR FORCE, TOTAL FACTOR PRODUCTIVITY, UNEMPLOYMENT INSURANCE, WORKFORCE DEVELOPMENT, PUBLIC WORKS, VOCATIONAL TRAINING, EMPLOYMENT SERVICES, HUMAN RESOURCE, ACTIVE LABOR

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    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green