During the 1990s Morocco implemented a
series of major institutional and economic reforms that made the country
politically stable and helped it to withstand the destabilizing effects of the
Arab Spring. Political reforms resulted in the adoption of a new constitution
in 2011, was followed by initiatives to improve justice, public administration,
the fight against corruption, and to strengthen governance, transparency and
ethics in public life. The country also embarked on a regionalization of public
policies and decentralization of administration to ensure an integrated and
durable regional development. This reform momentum was further emphasized by
the King of Morocco when in his 2019 throne speech he stressed that "… the
stake is thus to rebuild a strong and competitive economy, by encouraging the
private initiative, while launching new productive investment plans and by
creating new job opportunities…".
Keywords: Moroccan economy, Investment in Morocco, Political reforms.