This paper studies how decentralization affects poverty, vulnerability, and inequality in Morocco, in the context of ongoing regionalization reforms. We use different non-parametric approaches to assess spending efficiency of Moroccan municipalities and regions over the period 2005-2009. The results indicate that the efficiency of spending in improving pro-poor outcomes is dependent on the fiscal autonomy […]

The paper examines how the Government of Morocco has addressed the issue of decentralization in recent years and how these processes have evolved and affected fiscal and public policies. More specifically, this paper analyzes the current legislative and institutional provisions governing administrative, political and fiscal decentralization in Morocco and presents a detailed analysis of the […]

Les risques de nature sociopolitique constituent une dimension clé du risque-pays. L’expérience historique révèle en effet que les crises sociopolitiques peuvent durablement enrayer les processus de développement et conduire à une dégradation marquée des composantes économiques et financières du risque-pays. À titre d’illustration, un conflit civil coûte en moyenne à un pays en développement (PED) […]

This paper revisits the question of how brain drain affects the optimal education policy of a developing economy. Our framework of analysis highlights the complementarity between public spending on education and students’ efforts to acquire human capital in response to career opportunities at home and abroad. Given this complementarity, we .find that brain drain has […]