ABSTRACT

The overall process of economic and trade liberalization in Morocco started in the 1980s. The aim was to make the economy more liberal, to raise the role of the private sector and to increase openness. This process was reinforced in the 1990s, but the full impact of the reform only showed results in the early 2000s. The economic liberalization of Morocco was conducted via a number of economic policies, including investment policies, privatization, financial and banking sector reform, reform and modernization of the labour policies, as well as the public administration. In addition to these, a number of ‘sectoral’ policies allowed the support of specific sectors such as industry, tourism and agriculture.