Employment is linked to growth at least in the long-run. Thus, to reduce structurally unemployment it is necessary to boost growth. Thus, any strategy seeking to reduce unemployment must be devised with a good knowledge of the growth... more
Employment is linked to growth at least in the long-run. Thus, to reduce structurally unemployment it is necessary to boost growth. Thus, any strategy seeking to reduce unemployment must be devised with a good knowledge of the growth content in terms of jobs. In this paper, we use Okun’s law, arc point elasticity, and a simple econometric model to assess the intensity of the links between economic growth and (un)employment in Morocco. Okun’s law provides evidence that economic growth in Morocco is linked with a reduction of the unemployment rate. The sectors intensities to create jobs are very different and provide unsystematic results. Using an average measure of elasticity over the period 1999-2009, we find that many sectors were net losers of jobs. The overall growth-elasticity of employment is positive but low.
The concept of NAIRU summarized the observed negative correlation between the unemployment rate and the inflation rate for a number of countries. This correlation persuaded some analysts of the impossibility for governments to... more
The concept of NAIRU summarized the observed negative correlation between the unemployment rate and the inflation rate for a number of countries. This correlation persuaded some analysts of the impossibility for governments to simultaneously target both low unemployment and price stability. Therefore, it was government's role to seek a point on the trade-off between the two objectives which matched a domestic social consensus. In this paper, we intend to estimate the Moroccan’s NAIRU for 1998Q1-2012Q4 period by applying the Kalman filter.
Investment is at the core of the process of economic growth. Most theoretical and empirical studies prove that it is a sine qua non factor of growth. The rates of aggregate investment in Morocco exhibited a declining or at best a stagnant... more
Investment is at the core of the process of economic growth. Most theoretical and empirical studies prove that it is a sine qua non factor of growth. The rates of aggregate investment in Morocco exhibited a declining or at best a stagnant trend since the end of the 1970s. External shocks, policy shifts, and domestic problems explain this situation. The uncertainty faced by economic agents may be a factor behind the poor performance of aggregate investment in Morocco. The results provide ambiguous conclusions. It is not evident if uncertainty measured by the conditional variance of two underlying variables affects investment or not. More research must be undertaken to improve the techniques of measuring the extent of uncertainty in the Moroccan economy and to identify its links with investment.
This article investigates the relationship between export, import and economic growth using annual time series data for the Moroccan economy over the period 1980-2013. The cointegration technique has been employed to see the long run... more
This article investigates the relationship between export, import and economic growth using annual time series data for the Moroccan economy over the period 1980-2013. The cointegration technique has been employed to see the long run equilibrium relationship among variables. For this end, Granger causality test based on vector error correction model (VECM) has been adopted to see both short and long run causality among the variables. The cointegration results confirm the existence of the long-run relationship among these variables. For the short-run causality, the findings suggest (i) bidirectional causality between economic growth and import, (ii) unidirectional causality that run from export to import, and (iii) no-directional causality between economic growth and export.
Entrepreneurship reinforces the economic growth of a country. Therefore, most countries, especially developing ones, are striving to create new policies and implement actions in order to support entrepreneurial processes through the... more
Entrepreneurship reinforces the economic growth of a country. Therefore, most countries, especially developing ones, are striving to create new policies and implement actions in order to support entrepreneurial processes through the establishment of a business-friendly environment. However, there are still many obstacles facing entrepreneurs in these countries. The aim of this paper is to locate the most common barriers to entrepreneurial processes in Albania, Georgia, Morocco, Nigeria, and Pakistan. Data from officials in 149 companies were collected through questionnaire dissemination from October to December 2015. The company officials have been asked several questions, among which, to rate the obstacles listed, starting from the ones they perceive to be most restrictive for their businesses. Most of the companies examined were small and medium size companies, SMEs. Both a descriptive analysis and a comparative analysis of the data were applied, in order to check the accuracy of the hypothesis established. It was found that state policy towards SMEs and political instability/corruption are the most common obstacles to entrepreneurship in these developing countries. Also, tax policy was also considered as an obstacle to entrepreneurship.
Entrepreneurship reinforces the economic growth of a country. Therefore, most countries, especially developing ones, are striving to create new policies and implement actions in order to support entrepreneurial processes through the... more
Entrepreneurship reinforces the economic growth of a country. Therefore, most countries, especially developing ones, are striving to create new policies and implement actions in order to support entrepreneurial processes through the establishment of a business-friendly environment. However, there are still many obstacles facing entrepreneurs in these countries. The aim of this paper is to locate the most common barriers to entrepreneurial processes in Albania, Georgia, Morocco, Nigeria, and Pakistan. Data from officials in 149 companies were collected through questionnaire dissemination from October to December 2015. The company officials have been asked several questions, among which, to rate the obstacles listed, starting from the ones they perceive to be most restrictive for their businesses. Most of the companies examined were small and medium size companies, SMEs. Both a descriptive analysis and a comparative analysis of the data were applied, in order to check the accuracy of the hypothesis established. It was found that state policy towards SMEs and political instability/corruption are the most common obstacles to entrepreneurship in these developing countries. Also, tax policy was also considered as an obstacle to entrepreneurship.
Entrepreneurship reinforces the economic growth of a country. Therefore, most countries, especially developing ones, are striving to create new policies and implement actions in order to support entrepreneurial processes through the... more
Entrepreneurship reinforces the economic growth of a country. Therefore, most countries, especially developing ones, are striving to create new policies and implement actions in order to support entrepreneurial processes through the establishment of a business-friendly environment. However, there are still many obstacles facing entrepreneurs in these countries. The aim of this paper is to locate the most common barriers to entrepreneurial processes in Albania, Georgia, Morocco, Nigeria, and Pakistan. Data from officials in 149 companies were collected through questionnaire dissemination from October to December 2015. The company officials have been asked several questions, among which, to rate the obstacles listed, starting from the ones they perceive to be most restrictive for their businesses. Most of the companies examined were small and medium size companies, SMEs. Both a descriptive analysis and a comparative analysis of the data were applied, in order to check the accuracy of the hypothesis established. It was found that state policy towards SMEs and political instability/corruption are the most common obstacles to entrepreneurship in these developing countries. Also, tax policy was also considered as an obstacle to entrepreneurship.
This study discusses the reflection of Indian’s Athithi Devo Bhava policy towards Sri Lankan Tamil refugees during the hostility staged in the island since 1983. The enduring Indian practices of tolerance and goodwill resulted in... more
This study discusses the reflection of Indian’s Athithi Devo Bhava policy towards Sri Lankan Tamil refugees during the hostility staged in the island since 1983. The enduring Indian practices of tolerance and goodwill resulted in following a benevolent policy towards all those who sought asylum. In ancient India, there were four cultural maxims: (1) Matru Devo Bhava, your mother is like God; (2) Pitru Devo Bhava, your father is like God; (3) Acharya Devo Bhava, your teacher is like God, and (4) Athithi Devo Bhava, your guest is like God. The refugee has considered as an Athithi (guest) to the country and treated them as God. India has accorded asylum to more than 25 million people in spite of the absence of strong refugee laws, but the treatment has been given on an ad hoc basis. The study is descriptive in nature. The information was collected from secondary sources. It underlines that the Indian government has been providing accommodation, food, and security to refugees. Subsequen...
In Kerala, the disturbing trend is that the public health care system is getting alienated from the people since 1980’s. About 30% of the lower income families seeks medical service from the government hospitals. This is because of the... more
In Kerala, the disturbing trend is that the public health care system is getting alienated from the people since 1980’s. About 30% of the lower income families seeks medical service from the government hospitals. This is because of the fall in the quality of the services of the government hospitals. In the present situation, the rate of utilization of the private sector can be increased drastically pointing to the poor performance of the public health care system. The government hospital has some problems like poor physical or infrastructure facilities, ineffective leadership and unsatisfactory supply of drugs and medical supplies faculty of staffing procedure. These above stated problems do not exist in private hospitals. Therefore, the present study carried out to assess the healthcare expenditure of government and private hospitals patients in Kannur district. The study was conducted during 2015-16. The sample size of the survey contains a total of 120 respondents from Kannur dis...
Employment is linked to growth at least in the long-run. Thus, to reduce structurally unemployment it is necessary to boost growth. Thus, any strategy seeking to reduce unemployment must be devised with a good knowledge of the growth... more
Employment is linked to growth at least in the long-run. Thus, to reduce structurally unemployment it is necessary to boost growth. Thus, any strategy seeking to reduce unemployment must be devised with a good knowledge of the growth content in terms of jobs. In this paper, we use Okun’s law, arc point elasticity, and a simple econometric model to assess the intensity of the links between economic growth and (un)employment in Morocco. Okun’s law provides evidence that economic growth in Morocco is linked with a reduction of the unemployment rate. The sectors intensities to create jobs are very different and provide unsystematic results. Using an average measure of elasticity over the period 1999-2009, we find that many sectors were net losers of jobs. The overall growth-elasticity of employment is positive but low.
This communication tries to examine what kind of women' education affects more economic growth. To illustrate this aim, four countries cases have been presented: Morocco, Algeria, Tunisia, and Egypt. The motive behind choosing them... more
This communication tries to examine what kind of women' education affects more economic growth. To illustrate this aim, four countries cases have been presented: Morocco, Algeria, Tunisia, and Egypt. The motive behind choosing them was because these countries have many common characteristics (religious and cultural norms and values). Using panel model over the period 2000-2012, the results show that women' education, particularly, tertiary education, women' labor force participation and institutional capital affect positively economic growth. On the contrary, the primary and secondary school enrolment are negatively linked to the economic growth. This paper concludes that women' tertiary education is a master-key to improve economic growth and development accompanied by a healthy and good quality of institutional capital and by eliminating all forms of gender discrimination.
