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In: Economics

Analysis of the impact of agricultural exports economic growth of Morocco

Analysis of the impact of agricultural exports economic growth of Morocco

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Expert Solution

Morocco became independent in 1956. However the agricultural developemnt strategies were adopted after the independence. Large climate induced fluctuation in agricultural output underpinned the focus on its development. Initially, Morocco has suffered drought, coping with climate variation and agricultural development was a major focus of government policy.

Like many other countries, the most sensitive sector in Morocco is agriculture and most sensitive products are agricultural products. in Morocco 16-20% of GDP and 40% of employment is in agriculture. Morocco is the country of the ambitious plans, where various agricultural projects with a huge investment create poles of agricultural development. It also offers intensive programs for the benefit of the small farmers. In fact, the Moroccan aims to support small farmers and improve the living conditions of persons in rural areas. The Green Morocco Plan has improved farmers' incomes a lot and reduced poverty in rural areas. The main objective of Morocco green plan is to develop an efficient agriculture to fight against poverty by increasing agricultural incomes significantly from the most vulnerable farmers. This strategy is expected to have impacts on growth, upgrading and increasing farm income as a control motor against rural poverty. Morocco’s plan is to double the long-term added value in agriculture through the creation of 1.5 million jobs by 2020. The World Bank has worked closely with donors to support Morocco. The United Nations Food and Agriculture Organization (FAO) provided technical support, the Belgian Development Agency (BTC) contributed to the financing of an economic analysis on irrigation sector reform. The institution of the World Bank provides finance to the private sector, and it has funded work aimed at improving the legal and institutional framework of wholesale markets.


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