With Africa’s population set to double by 2050, modernising local economies will be vital to make the continent more competitive and to increase people’s living standards, according to the African Economic Outlook 2015, released at the African Development Bank Group’s 50th Annual Meetings.
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4-page policy note detailing the key results and recommendations from OECD Trade Policy Paper 179 on the Participation of Developing Countries in Global Value Chains.
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Urban, seaside, cultural and business tourism accounts for 10% of Morocco’s gross domestic product; in Tunisia, the figure is 5% (2011). Saharan sites are part of the main tourism circuits: Moroccan and Tunisian sites are accessible to travellers arriving in Agadir, Marrakesh, Sousse or Djerba. With ten million visitors in 2012, Morocco is themost popular tourism destination, followed by Tunisia (6 million), and Algeria (2.6 million).
The Kingdom of Morocco is over 90 % dependent on energy imports, so a major challenge is to develop indigenous resources. Topography and climate are favourable to wind, solar and additional hydropower. By 2020 Morocco aims to derive more than 40 % of its electrical capacity from these sources, strengthening both energy security and sustainability. At the same time, Rabat aims to retain its attractive investment conditions for oil and gas exploration.
To reduce the burden of energy subsidies, transport fuels have progressively been brought up towards full market prices, and electricity tariffs are also being adjusted upward. Energy efficiency has been elevated to a national priority, with a range of measures on lighting, building standards, appliances and vehicles.
Morocco’s electricity grid now covers more than 98 % of households. The sector is being progressively liberalised, with foreign investment in both renewables and coal-fired power stations. The energy mix is diversified further by imports of gas from Algeria and electricity from Spain.
Morocco has established new national agencies to promote energy efficiency, renewable energy, and research and development. Co‑operation on climate change within the United Nations framework is widely perceived as exemplary. Persevering in this direction could help Morocco emerge as a regional leader in energy sector reform, as well as in the renewable energy technologies in which it has a natural advantage.
This review analyses the energy policy challenges facing Morocco and provides recommendations for further policy improvements. It is intended to help guide policy makers in the country towards a more secure and sustainable energy future.
By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings.
The OECD Development Centre is carrying out a project, co-funded by the EU Thematic Programme on Migration and Asylum, on the Interrelations between public policies, migration and development of partner countries.
The charts show for each of the following countries and territories, and for the years 2009-2011: net ODA receipts, top ten donors of gross ODA, population and GNI per capita and bilateral ODA by sector.
Secretary-General Angel Gurría discusses the efforts of the OECD to support Egypt, Jordan, Morocco, Tunisia and other MENA countries to restore investor confidence, tackle unemployment and foster policy conditions for strong, sustainable and balanced growth.
Tunisia and Morocco signed up today to a series of international instruments in areas ranging from business integrity to international investment and green growth. Adherence to these instruments is an expression of a long-standing co-operation between countries in North Africa and the OECD.
Following the Arab Spring, MENA countries have embarked on far-reaching political reforms, opening a window of opportunity to unleash the region’s tremendous potential. Policy-makers should now focus on employment, social justice, fair competition, anti-corruption and the rule of law, said OECD Secretary-General.