The project starts with the purpose of developing a basic tool for knowledge, analysis and interpretation of the Moroccan socio-economic context at the state and regional levels. This tool is based on the social accounting matrix, that is, a double entry matrix that reproduces the cycle of production-income-spending-savings-investment.
The Kingdom of Morocco is undergoing a phase of strong expansion that sees a marked modernization of the country. King Mohammed VI since its rise to the throne has been proposing deep and incisive reforms aimed at building a modern infrastructure system and with the acquisition of first order professionalism and skilled people from a large number of cadres and executives of every sector. The economic reforms encouraged by the sovereign over the last few years have led to a growing liberalization of the various economy sectors and towards a marked internationalization of the Kingdom at economic and commercial level.
According to the latest ICU report, in the first half of 2010, Moroccan GDP was + 4.1% , slightly lower than the previous year's index (5%), in relation to the effects of the economic crisis w hich continue to strike the Moroccan economy. Morocco is, however, poorly integrated into the international financial market, and therefore has become almost immune to the crisis in this sector, thanks to the rigid monetary policy of the Moroccan Central Bank.
According to HCP estimates in the first half of 2010 there was a rise in production in the manufacturing sector (beverages and tobacco, food products), building construction and public works (construction of roads and sports ground) and in the energy sector And mines (greater extraction of non-metallic minerals). The unfavorable international economic situation did not have an adverse effect on exports during the period under review: exports increased by 21.5% compared to 2009 (2010: € 8467 million, 2009: € 6971 million), particularly as regards Concerns phosphates (66.3%) and products derived from these (79.0%) as well as electronics products (23%). Similarly, imports are upwards (€ 15,812 million in 2009 (January-August) and € 17,726 million in 2010), an increase of 12.1% .Other two components of the trade balance, such as Moroccan remittances Foreign (MRE) and those generated by tourism have positive balances of + 7.9% and + 2.2%, respectively.
This is all the more appreciative given that the Kingdom has the largest trading partner in the European Union (about 70% of total trade), the region most affected by the international crisis.
According to the Rabat Exchange Office in the first ten months of 2010, France (15%), followed by Spain (12.2%), China (7.9%), France (15.9%), , USA (7.1%), Italy (6.7%) and Germany (5.3%). Among the customer countries, France remains firmly in the first place with a market share of 22.0%, followed by Spain (16.6%), India (5.9%), Italy (4.3%), US (3.1 %).
Altogether in 2009, the exchange with Italy amounted to over € 2 billion, with a remarkable balance to our advantage. In detail, Italy is the fourth customer country in Morocco after France and Spain and India, and is ranked fifth in the rankings of Morocco's leading suppliers. Italy is thus ranked third in the absolute trading partner of the Kingdom of Morocco.
Moreover, the structure of the Moroccan economic system is similar to our business system and to our industrial districts (note that Moroccan tax on corporate income is 30%, both for local companies and for foreign investors.
Also, considering the factors that make Morocco attractive today (geographical proximity, low labor cost, running telecommunications network, dynamic banking system, fast-growing infrastructure) and considering that the Kingdom is among the most business-friendly countries of the Maghreb region, the commercial relations between Italy and Morocco still leave room for growth for our businesses.
The project starts with the purpose of developing a basic tool for knowledge, analysis and interpretation of the Moroccan socio-economic context at the state and regional levels. This is a scenarios assessment tool and it is based on the social accounting matrix, i.e. a double entry matrix that extends the input-input model to the explicit consideration of the role of institutions (businesses, families, public administration) in Economic system, reproducing the cycle of production-income-spending-saving-investment.
The aim of this tools is to facilitate the design of interventions at a micro level that incorporates not only economic and financial profit targets but also the root of local development needs
These tools grab the ability to build and refine quantitative models for the "in-vitro" experimentation of micro and macro internationalization policies, and, similar to what is commonly used for accounting forecasting tools such as the budget and the business plan, 'The opportunity to periodically review the state of progress of the internationalization plan, and its level of consistency with the objectives and the planned scenarios
Consistent with its cultural affiliation to European model values, the project is structured to make functional tools also for the impact assessment of public policies at the educational and healthcare partner level, and to spread the ability to use them by public authorities at local level, and generally to all the realities that care in areas like schools, healthcare facilities, vocational training institutes and non-governmental organizations.
The tool, therefore, is functional both to small and medium-sized entrepreneur’s industrial policies and to policies supporting banks and public administrations. It can serve as a basis for the impact assessment of large projects, and will also include the following:
-to assess the access to social, educational and health services, in particular by Disadvantaged categories (vulnerable groups by gender, residence in marginal areas, rural areas or urban peripheries, unemployed or precariously employed, or in any situation of economic and social poverty);
- monitoring the quality of social, educational and health services offered;
- the promotion of sustainable rural development, which enhances the human, cultural and environmental resources of the specific territories;
- planning on vocational training paths consistent with current and programmed industrial and general economic specialization.