cover image: Morocco Economic Monitor, Summer 2024: Unlocking the Potential of the Private Sector to Spur Growth and Job Creation

20.500.12592/2ihar7l

Morocco Economic Monitor, Summer 2024: Unlocking the Potential of the Private Sector to Spur Growth and Job Creation

17 Jul 2024

This report includes a special focus chapter focused on the dynamics of the Moroccan private sector. It is based on the results of an analysis jointly conducted with the Moroccan Observatory of Small and Medium Enterprises (OMTPME) which exploits a comprehensive database on formal firms. The productivity performance of the private sector has been lackluster, primarily due to a worsening of allocative efficiency. Larger firms tend to exhibit a lower productivity than their smaller peers, suggesting that markets are not sufficiently rewarding more efficient and innovative firms. In addition, Moroccan SMEs struggle to grow, and the density of High Growth Firms remains very low. This is problematic feature of the private sector given that in other settings such firms have been shown to disproportionately contribute to job creation. Addressing the constraints facing the private sector would help overcome the disappointing job creation capacity that the Moroccan economy has exhibited in recent years.
private sector policy implications productivity drivers macroeconomics and economic growth::economic growth private sector development::business environment

Authors

World Bank

Citation
“ World Bank . 2024 . Morocco Economic Monitor, Summer 2024: Unlocking the Potential of the Private Sector to Spur Growth and Job Creation . © Washington, DC: World Bank . http://hdl.handle.net/10986/41892 License: CC BY-NC 3.0 IGO . ”
Collection(s)
Economic Updates and Modeling Arabic PDFs Available French PDFs Available
Identifier externaldocumentum
34365456
Identifier internaldocumentum
34365456
Pages
50
Published in
United States of America
Region country
Morocco
Report
192592
Rights
CC BY-NC 3.0 IGO
Rights Holder
World Bank
Rights URI
https://creativecommons.org/licenses/by-nc/3.0/igo
UNIT
EMNM1 - EFI - MNA - MTIC - 1
URI
https://hdl.handle.net/10986/41892
date disclosure
2024-07-17
region administrative
Middle East and North Africa

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