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Morocco 2040: Emerging by Investing in Intangible Capital, Jean-Pierre Chauffour
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Автор:
Jean-Pierre Chauffour
Название:
Morocco 2040: Emerging by Investing in Intangible Capital
ISBN:
9781464810664
Издательство:
Mare Nostrum (Eurospan)
Классификация:
Исследование развития
ISBN-10: 1464810664
Обложка/Формат: Paperback
Страницы: 336
Вес: 0.64 кг.
Дата издания: 30.10.2017
Язык: English
Размер: 254 x 178 x 20
Ключевые слова: Development studies
Подзаголовок: Emerging by investing in intangible capital
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Поставляется из: Англии
Описание: Morocco 2040: Emerging by Investing in Intangible Capital documents the major economic and social strides made by Morocco over the past 15 years and analyzes the economic conditions for accelerating the pace of economic catch-up by 2040. A virtuous yet realistic scenario suggests that with higher productivity gains Morocco could double its current pace of convergence with Southern European countries. In one generation, Moroccos standard of living could reach about 45 percent of that of Spain, its immediate Northern neighbor, compared to the current rate of 22 percent. To lay out the possible pathways for Morocco to become the first North African country to attain upper middle income status, the Book then investigates the policies that could bring about such a virtuous scenario of accelerated economic convergence. It shows that sustaining higher productivity gains for 25 years would require greater efforts at building Moroccos institutional, human and social capital--what is also known as intangible capital. Accumulating such intangible capital necessarily take a number of different forms and the Book proposes a four-pronged approach. First, by strengthening Moroccos market institutions for a more efficient allocation of capital and labor and international integration. Second, by strengthening Moroccos public institutions to strengthen the rule of law and justice, modernize the public administration, and improve the quality of public service delivery. Third, by strengthening Moroccos human capital, especially education, health and the development of early childhood. And fourth, by strengthening Moroccos social capital through greater gender parity and increased interpersonal trust and civism in society. By placing more of a priority on its intangible capital, Morocco would be advancing a social contract based on the promotion of a more open society. It would be taking a route that is partly new, but which is also the logical outcome of many economic and social diagnoses and pressing calls for change.
Дополнительное описание: Development studies
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