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(FR) The external sector of the Moroccan economy

June 4, 2026
Related topics: 
Economy
Macroeconomics and regulation
MENA
Africa

Cet épisode revient sur les principaux enseignements du chapitre consacré au secteur extérieur marocain, en mettant en lumière le paradoxe d’un déficit commercial structurel persistant combiné à une forte résilience des équilibres externes. Badr Mandry explique comment les transferts des Marocains résidant à l’étranger, les recettes touristiques et les investissements directs étrangers jouent un rôle d’amortisseurs face aux chocs externes, tout en soulignant la nécessité de diversifier les exportations et d’accélérer la transition énergétique pour renforcer durablement la soutenabilité du modèle marocain.
 

Speakers
Hamza Saoudi
Senior Economist
Hamza Saoudi is a Senior Economist at the Policy Center for the New South (PCNS).At the PCNS, Hamza Saoudi conducts research on labor market dynamics, social protection systems, and inclusive growth, with a particular focus on Morocco and Africa. He is also interested in macroeconomic stabilization policies, international trade, and long-term economic development.He has contributed to PCNS projects and publications addressing informality, social protection, and inequality in developing economies.He also served as the project coordinator of the Oxford Handbook of the Moroccan Economy, published by Oxford University Press in 2026.Before joining the PCNS in 2017, Hamza Saoudi contributed to the development of quantitative models for bank credit risk management.Hamza Saoudi holds ...
Badr Mandri
Economist
Badr Mandri is a Senior Economist at the Policy Center for the New South (PCNS), after an experience at Morocco's Haut-Commissariat au Plan (HCP). His research focuses primarily on macroeconomics, commodity markets, and development economics, having notably directed a collective volume on human capital. He also serves as an executive trainer at Mohammed VI Polytechnic University (UM6P), delivering specialized programs on public finance and fiscal policy for public sector professionals.Badr Mandri holds a Master's degree in Applied Economics from Mohammed V University in Rabat. ...

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