Abstract
Morocco is officially named the Kingdom of Morocco. This is a country located in Northwest Africa. It borders Algeria to the east, the Mediterranean Sea and the Strait of Gibraltar to the North, the Atlantic Ocean to its West and Mauritania to its south. It has a population of 33,757,175 and a total area of 446,550km². In the economic domain, Morocco succeeded in preserving a stable macroeconomic framework (controlled inflation, stable currency, operating cash surplus). The government leads a policy of structural reforms aiming to liberalize and open the economy with foreign competition, to improve the framework of businesses and investments, to diversify productive activities (in particular towards tourism and the IT sector) and finally to modernize the infrastructures. The growth remains however subjected to the fluctuations of the agricultural production. During five last years, it allowed a decrease of unemployment and poverty which remain however at high levels (unemployment rate passed from 13.9% in 1999 to 9.7% in 2006, the level of poverty of 19% in 1999 to 14.3% in 2004).
