Events
Development Issues and Challenges for Middle-Income Countries
Ministère de l'Economie et des Finances, direction des Etudes et des Prévisions Financières, Rabat.
Along with other 108 countries in the world, Morocco is currently classified by the World Bank as a middle-income country (MIC), an income category that accounts for five of the world’s seven billion people and 73 percent of the world’s poor people. This presentation will review the reasons why historically it is so difficult to graduate from this income category—over the last half century, only two countries were able to go through the low and middle-income categories to join the high income group. The discussion will focus on issues facing the MICs today and some concrete policy measures taken by the successful countries. Emphasis will be on practical recommendations for policy makers.
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