Morocco Economic Monitor, Fall 2020 : From Relief to Recovery

he COVID-19 pandemic has abruptly interrupted more than two decades of sustained socio-economic progress in Morocco. In 2020 the country will suffer its first recession since mid-1990s, and the economic contraction registered in the second quarter...

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Main Author: World Bank
Format: Report
Language:English,French,Arabic
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/365441608752111119/Morocco-Economic-Monitor-From-Relief-to-Recovery
http://hdl.handle.net/10986/34976
id okr-10986-34976
recordtype oai_dc
spelling okr-10986-349762021-09-17T00:47:43Z Morocco Economic Monitor, Fall 2020 : From Relief to Recovery World Bank ECONOMIC GROWTH ECONOMIC RECOVERY CORONAVIRUS COVID-19 PANDEMIC IMPACT PANDEMIC RESPONSE PRIVATE SECTOR DEVELOPMENT FIRM PERFORMANCE ENTERPRISE REFORM ECONOMIC SHOCK he COVID-19 pandemic has abruptly interrupted more than two decades of sustained socio-economic progress in Morocco. In 2020 the country will suffer its first recession since mid-1990s, and the economic contraction registered in the second quarter (broadly coinciding with the confinement) is the largest on record. This is the result of the combined supply, demand and external shocks triggered by the pandemic, but also of the effects of adverse weather conditions on agricultural output. The crisis is having a severe impact on jobs and household incomes, generating a spike in unemployment and a deterioration of poverty and vulnerability indicators. Although the Moroccan economy exhibits some signs of recovery, the situation remains fragile given that epidemiological trends are worse now than they were during the first wave of contagions. 2021-01-06T22:24:22Z 2021-01-06T22:24:22Z 2020-09 Report http://documents.worldbank.org/curated/en/365441608752111119/Morocco-Economic-Monitor-From-Relief-to-Recovery http://hdl.handle.net/10986/34976 English,French,Arabic CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling Middle East and North Africa Morocco
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English,French,Arabic
topic ECONOMIC GROWTH
ECONOMIC RECOVERY
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
PANDEMIC RESPONSE
PRIVATE SECTOR DEVELOPMENT
FIRM PERFORMANCE
ENTERPRISE REFORM
ECONOMIC SHOCK
spellingShingle ECONOMIC GROWTH
ECONOMIC RECOVERY
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
PANDEMIC RESPONSE
PRIVATE SECTOR DEVELOPMENT
FIRM PERFORMANCE
ENTERPRISE REFORM
ECONOMIC SHOCK
World Bank
Morocco Economic Monitor, Fall 2020 : From Relief to Recovery
geographic_facet Middle East and North Africa
Morocco
description he COVID-19 pandemic has abruptly interrupted more than two decades of sustained socio-economic progress in Morocco. In 2020 the country will suffer its first recession since mid-1990s, and the economic contraction registered in the second quarter (broadly coinciding with the confinement) is the largest on record. This is the result of the combined supply, demand and external shocks triggered by the pandemic, but also of the effects of adverse weather conditions on agricultural output. The crisis is having a severe impact on jobs and household incomes, generating a spike in unemployment and a deterioration of poverty and vulnerability indicators. Although the Moroccan economy exhibits some signs of recovery, the situation remains fragile given that epidemiological trends are worse now than they were during the first wave of contagions.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Morocco Economic Monitor, Fall 2020 : From Relief to Recovery
title_short Morocco Economic Monitor, Fall 2020 : From Relief to Recovery
title_full Morocco Economic Monitor, Fall 2020 : From Relief to Recovery
title_fullStr Morocco Economic Monitor, Fall 2020 : From Relief to Recovery
title_full_unstemmed Morocco Economic Monitor, Fall 2020 : From Relief to Recovery
title_sort morocco economic monitor, fall 2020 : from relief to recovery
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/365441608752111119/Morocco-Economic-Monitor-From-Relief-to-Recovery
http://hdl.handle.net/10986/34976
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