The Politics of ‘Adjustment’ in Morocco

Over the last ten years, the government of Morocco has faced a dilemma. On the one hand, the structural problems of the economy, growing pressure from the IMF and the World Bank and the influence of other powerful interests both foreign and domestic, have led the government to adopt a series of measures which add up to a familiar package involving devaluation, cuts in public expenditure, a reduction of state intervention in the economy and the encouragement of private enterprise and market forces. On the other hand, the government has found it difficult until recently to implement its 'stabilisation' and 'structural adjustment' policies with the rigour that the two international agencies, aid donors and would-be investors would have liked to see. Reasons for this difficulty include: a continuing commitment to the war in the Sahara, strong pressure from certain sections of the middle class and organised working class to maintain a certain level of state involvement in the economy, and the danger that popular protest over measures threatening the welfare of the mass of the Moroccan people will turn into serious political agitation. Since 1987, however, the government appears to have committed itself more wholeheartedly to a programme of structural reform and privatisation.KeywordsInternational Monetary FundTrade UnionPublic ExpenditureStructural AdjustmentCurrent Account DeficitThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves

Currency · Devaluation · Development economics · Dilemma · Economic interventionism · Economic policy · Economics · Government (linguistics) · Intervention (counseling) · Macroeconomics · Market economy · Political economy · Political science · Politics · Public expenditure · Public finance · State (computer science) · Structural adjustment · Welfare · African Studies and Ethnography · African Studies and Geopolitics · Multiculturalism, Politics, Migration, Gender

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