Publications /
Book / Report

Back
The Oxford Handbook of the Moroccan Economy
Authors
Edited by Karim El Aynaoui
Arkebe Oqubay
April 1, 2026

The Oxford Handbook of the Moroccan Economy provides a comprehensive and analytically grounded assessment of Morocco’s economic trajectory from 1960 to 2025. Bringing together 53 contributors across 34 chapters, the volume is conceived as a reference work, offering a structured analytical approach grounded in stylized facts, long-term trends, sectoral transformations, and the key public policy challenges shaping the country’s development path. It renews the stock of knowledge on the Moroccan economy by delivering a rigorous, structured, and accessible body of analysis.

Rather than focusing solely on macroeconomic aggregates or measurable social progress, the Handbook examines the deeper drivers of structural transformation, including productivity dynamics, diversification of the productive system, employment quality, technological capabilities, and institutional frameworks. It also addresses core dimensions such as industrial policy, research and innovation, private sector development, and integration into global value chains. The volume highlights Morocco’s growing integration into the global economy and the emergence of new industrial sectors, such as automotive and aeronautics, while critically assessing the limits of this transformation, particularly in terms of domestic spillovers, innovation capacity, private investment, and the creation of quality jobs.

A central contribution of the volume lies in identifying a new phase in Morocco’s development trajectory, moving beyond macroeconomic stabilization and external integration toward higher value-added production, stronger technological capabilities, increased investment in human capital, research and innovation, and a broader diffusion of structural change across the economy.

The Handbook emphasizes that economic development is neither linear nor reducible to a single model. It reflects a cumulative and context-specific process shaped by institutional capacity, policy learning, and structural constraints. In this respect, Morocco is analyzed not as a model to replicate, but as a development experience to be examined in its historical and institutional specificity.

The volume adopts a balanced, evidence-based perspective. It is neither a celebratory account nor a normative exercise, but a rigorous analytical account that captures both the progress achieved and the structural constraints that continue to shape Morocco’s economic development.

As such, it constitutes an essential reference for researchers, policymakers, practitioners, and students seeking to understand the Moroccan economy in its historical depth, sectoral complexity, and contemporary challenges.

This is an open access title. It is available to read and download as a free PDF version on Oxford Academic under a Creative Commons Attribution-Non-Commercial-No Derivatives 4.0 International licence.

RELATED CONTENT

  • Authors
    Youssef El Jai
    April 1, 2020
    « Economists have a bad track record in predictions, so I will not try my hand at predicting the effect of the novel coronavirus (COVID-19) on the global financial system or the global economy. » Thorsten Beck .ctc ul{padding-left:30px; } .ctc ul li{list-style:disc;} Comme le dit si bien Thorsten Beck, il serait illusoire de prévoir à ce stade, compte tenu de l’information disponible, un impact chiffré de la crise sur l’économie. A l’issue de son Conseil du17 mars 2020, ...
  • March 9, 2020
    The Moroccan diaspora contributes in major ways to Morocco’s economic development. Moroccan migrants ease the country’s chronic unemployment and underemployment problems, send remittances, invest in the home country, and typically visit Morocco frequently as tourists. In addition to that migrants usually retain close links with Morocco, and help in less direct ways to forge trade and third-party investment links between Morocco and their host countries. Drawing on the relatively sma ...
  • February 14, 2020
    L’écosystème aéronautique marocain représente l’un des plus beaux cas de réussite industrielle dans un pays en développement. Bien sûr, le Maroc ne produit pas d’avions. Le marché mondial de l’aviation est dominé par un duopole constitué de l’Américain Boeing et de l’Européen Airbus. Une suprématie écrasante, renforcée encore récemment par l’acquisition des divisions commerciales des deux derniers concurrents significatifs dans le domaine des monocouloirs courts courriers : le Canad ...
  • February 10, 2020
    This book studies Morocco’s growth and employment prospects in the context of a new growth model aimed at avoiding a middle-income trap, in a rapidly changing international environment marked by increased competition from low-wage economies and growing automation of low-skilled jobs. Chapter 1 discusses the changing nature of the international environment facing Morocco and provides the rationale for changing the country’s growth model. Chapter 2 reviews the growth model that Morocc ...
  • Authors
    January 20, 2020
    Le 3 octobre 2016, la Turquie a déposé une plainte contre le Maroc devant l’Organisation Mondiale du Commerce (OMC) au sujet des mesures antidumping appliquées par le Maroc contre les exportations turques en Acier laminé à chaud.1 Suite à l’échec des consultations entre les deux pays, la Turquie a demandé, le 12 janvier 2017, l’établissement d’un groupe spécial pour examiner la conformité des mesures prises par le Maroc avec le droit de l’OMC. Demande qui marque le passage du litige ...
  • Authors
    Numéro spécial du cahier du plan - Volume 2
    December 18, 2019
    Lors du colloque autour du thème « Croissance économique au Maroc : théories, évidences et leçons des expériences récentes », organisé conjointement par le Haut-Commissariat au Plan (HCP) et le Policy Center for the New South et accueilli par le HCP en mai 2017 dans ses locaux à Rabat, des experts et praticiens de près de 30 institutions académiques et non académiques ont échangé et débattu de la croissance économique au Maroc dans un framework transverse alliant le théorique au pra ...
  • November 29, 2019
    Questions : 1/ Est ce que le Maroc remplit les critères de l’émergence économique selon vous? 2/ Quels sont les ingrédients secrets de l’émergence ? 3/ Quels sont les défis qu'il reste à relever en matière de développement économique ? 4/ Si vous aviez une baguette magique et que vous p...
  • November 5, 2019
    In this brief, we review the evidence on Morocco’s export concentration, discuss its causes, and then draw some policy implications. The main message is that Morocco needs to raise its game in some less familiar markets and move outside its comfort zone. This implies not only investments by private firms, greater efforts on export promotion by the government and professional associations, but also deeper changes within Morocco, including in its educational system. Over the past two ...
  • September 24, 2019
    En pleine transition ordonnée de son régime de change, sous l'autorité bienveillante du Fonds monétaire international (FMI), le Royaume du Maroc est un exemple très concret des avantages et des inconvénients des deux régimes de change dominants ces dernières décennies/change fixe et change flottant /. L’objet de cette note est de rappeler, tout d'abord, les fondamentaux économiques des deux systèmes et leur environnement historique (I). Ensuite, à la lumière de ces fondamentaux, pré ...
  • September 1, 2019
    Income inequality is high in Morocco. In 2013, the share of national income1  of the richest 10% in Morocco stood at nearly 32%, 12 times higher than the share of national income of the poorest 10% of the population. This paper argues that, drawing on international experience, there is much more that Morocco’s government can do to reduce inequality while at the same time enhancing growth and – possibly – doing so in a manner that is budget-neutral or even budget-positive. Top o ...