The prestigious American think tank Carnegie Endowment for International Peace conducted an analysis commissioned by Moroccan authorities. The report highlighted Morocco’s success in global value chains despite socioeconomic challenges.
Alexander Kateb, the report’s author, commended Morocco’s ambitious modernization program, which has driven foreign direct investment and created an export-driven economy.
Since the early 2000s, Morocco has expanded its presence in sub-Saharan Africa, positioning itself as a global connector.
King Mohammed VI’s Atlantic Initiative aims to enhance economic ties with 23 Atlantic coast African countries.
Kateb urged institutional reforms in education, finance, and public procurement to further develop Morocco’s human capital.
He stressed that fiscal reforms are crucial to avoid hindering economic growth.
Morocco’s public debt has risen sharply to over 80% of GDP, with external debt exceeding 50% of GDP, while the IMF recommends fiscal consolidation.
The report also noted heightened tensions with Algeria and the Polisario Front since 2020, calling for a de-escalation strategy to avoid an arms race and protect economic resources.