
The Oxford Handbook of the Moroccan Economy, co-edited by Karim El Aynaoui and Arkebe Oqubay and published by Oxford University Press, provides a detailed examination of Morocco's economic transformations. This collective work features 53 contributors across 34 chapters, covering topics from industrialization and the labor market to innovation, education, and energy transition. The book offers a long-term perspective, contextualizing recent developments within a broader historical trajectory. It highlights Morocco's progress, including an average annual GDP growth of 4.13% between 1971 and 2024, and significant improvements in social indicators, such as life expectancy, which rose from 47 years in 1960 to 73 years in 2025. Karim El Aynaoui, executive president of the Policy Center for the New South, emphasizes that Morocco's economic path is shaped by a combination of economic, institutional, and social factors, stressing the importance of institutions, societal consensus, and a long-term vision. Economist and former Minister of Economy and Finance, Fathallah Oualalou, considers the book a crucial reference, noting its historical depth in tracing the Moroccan economy from the late 19th century through the protectorate period, post-independence national economic construction, structural adjustment phases, and reforms since the early 2000s. The handbook also discusses Morocco's international openness, the development of new industrial hubs, and its integration into global value
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This summary was AI-generated from a story originally published by Le Matin.