Morocco Moves Forward on an Arduous Path Reforming its Doing Business Indicators

Morocco Moves Forward on an Arduous Path Reforming its Doing Business Indicators

The 2012 Doing Business (DB) Report lauds Morocco as the country that has achieved the biggest improvement in its ranking in 2011. The acknowledgment of the country's performance reflects a spectacular 21 place jump in its overall rank to 94,...

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Bibliographic Details
Main Authors: Meneval, Philippe De, Hassan, Youssef Saadani, Abdulrazzaq, Ali Al
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ACTION PLAN
ACTION PLANS
ADMINISTRATIVE PROCESSES
BANKRUPTCY
BUSINESS ENVIRONMENT
BUSINESS INDICATORS
BUSINESS LAW
BUSINESS REGULATION
COLLATERAL
COMPANY INFORMATION
COORDINATION MECHANISM
CURRENCY
CUSTOMS
DEVELOPING COUNTRIES
DISPUTE RESOLUTION
E-GOVERNMENT
E-GOVERNMENT SYSTEMS
ELECTRONIC FILING
GOVERNMENT REQUIREMENTS
IDENTIFICATION NUMBER
INCOME
INCOME TAX
INVESTMENT CLIMATE
JURISDICTIONS
LEGAL PROTECTION
LEGISLATIVE REFORMS
LIMITED LIABILITY COMPANIES
MACROECONOMIC POLICY
MINORITY SHAREHOLDERS
ONE-STOP SHOP
ONE-STOP SHOPS
PRIVATE SECTOR
PRIVATE SECTOR DEVELOPMENT
PROCUREMENT
QUALITY STANDARDS
REFORM PROGRAM
REGISTRIES
RESULT
RIGHTS OF MINORITY SHAREHOLDERS
SHAREHOLDER
TAX
TRANSPARENCY
UNIQUE IDENTIFIER
USER
VOLATILITY
WEB
Online Access:http://documents.worldbank.org/curated/en/2012/02/15988207/morocco-moves-forward-arduous-path-reforming-doing-business-indicators
http://hdl.handle.net/10986/10849
Description
Summary:The 2012 Doing Business (DB) Report lauds Morocco as the country that has achieved the biggest improvement in its ranking in 2011. The acknowledgment of the country's performance reflects a spectacular 21 place jump in its overall rank to 94, underpinning improvements and advances in four out of the 10 categories in the doing business index the success of the Comite National de l'Environnement des Affaires (CNEA) in implementing reforms over the last three years is likely to breed more success. The new government, formed in November 2011, declared renewed commitment to the CNEA, which is now recognized by various stakeholders as the legitimate focal point for business environment reforms. This achievement is expected to attract more support by the World Bank and other donors in the years ahead. There are still important challenges to the task of establishing a truly predictable and modern business environment in Morocco as indicated by its relative DB ranking, both globally and within the MENA region. Among these challenges is a need to further update and simplify laws on competition, concessions, the commercial code, collateral and bankruptcy and public procurement and to strengthen the capacity of various agencies for implementation. These reforms often take a long time as they extend over overlapping jurisdictions and agencies.

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