Economic Policy and Underdevelopment Trap in Morocco
type: Dataset
description: The aim of this research is to test the relevance of underdevelopment trap concept, by showing through the economic performance, that the policy of disinflation has installed the Moroccan economy in a low balance. The purpose is to highlight the restrictive effects on the growth and employment, the orientation of monetary and fiscal policy. The proposed conceptual framework derives from the debates related to the rule versus discretion, independence and credibility of the Central Bank, fiscal sustainability and a cooperative policy mix. The evaluation of the policy mix implemented with rigor since 1998 is based on the articulation of analytical frameworks from the theories of the economic policy, the economy of the endogenous growth and analysis in terms of capabilities of Amartya Sen. Two lines of thought have been developed. The first one involves the incorporation of the concept of underdevelopment trap to the sluggish growth thus constituting, the main characteristics of the system of growth in presenting the constraints on the economy. The second puts the evaluation of the welfare on the opportunities and freedoms offered by public policies. In this sense, it is necessary to analyze the inferences that exist between the economic policy, social welfare and the capabilities. These analyzes have mobilized multiple empirical data in order to assess the contradictory factors that prevent the economic activity from achieving its potential growth. Thus, the first five chapters of the thesis deals with theoretical foundations and the underlying mechanisms that guided the policy makers in the choice of its economic policy. The fixed rules in regard to inflation and the limitation of public deficit, the coordination of monetary setting and for the management of public finances, the independence of the Central Bank, the structural reforms as well as the priority given to macroeconomic stability, attest and endorse the neoclassical foundations of the economic policy. Seeki…
identifier: NNT: 2012GRENE002
issued: 2026-05-11T09:54:14.725082
language: fr
modified: 2026-05-11T09:54:14.725087
contact point: Organization
  fn: CCSD
keyword: capabilites
keyword: capabilities
keyword: economic-policy
keyword: infoeu-reposemanticsdoctoralthesis
keyword: maroc
keyword: morocco
keyword: piege-de-sous-developpement
keyword: politique-economique
keyword: regles-vs-discretion
keyword: rules-vs-discretion
keyword: shsecohumanities-and-social-scienceseconomics-and-finance
keyword: stabilite
keyword: stability
keyword: theses
keyword: trap-of-underdevelopment
landing page: https://theses.hal.science/tel-00697235

Economic Policy and Underdevelopment Trap in Morocco
type: Distribution
format: HTML
issued: 2026-05-11T09:54:14.754354
modified: 2026-05-11T09:54:14.708738
access URL: https://theses.hal.science/tel-00697235

test_moissonnage_selune
type: Agent