Morocco
Morocco is a unique country, growing and growing at accelerating rates and increasing economic growth everyday. All sectors of the county’s financials, economies, and likewise seem to be flourishing with little to change. Due to the monarchy and strict restrictions on writing anything bad about the kingdom, the country seems to be on paper a fantastic place to live with a population, government, and king all aiming to bring the country up to its highest potential. The one fault however is the educational sector which completely takes you into a different view of the unemployment rate, educational level, and job sector than ever before. With focusing on the economic development of the country you find that every sector has been making great strides that have a lasting effect and difference on the country that you don’t see with education. Education is the basis of a country and while taking a look into the its development and the other economic sectors, it is indisputable and prevailing that the country needs an educational reform to make the Morocco as flourishing and prosperous as the rest of its economy. Morocco’s history does not start that far back, it was compromised by many other countries before it was declared its own, and is a fairly recent country. …show more content…
Morocco first began as not a home to the Moroccans, but as a home to the Berbers stating back to early B.C. The Berbers lost their home in 1660 to the Alawite dynasty, which is a sherif dynasty that has the same guidelines and practices that Morocco still follows to this day (FactMonster). The land Morocco sits on was constantly up for battle, with numerous dynasty’s and countries attempting to gain control. The country became one of the Barbary States in the 17th and 18th century which only lasted until 1904, when a new owner of the land came in succession. France and Spain decided on a furtive agreement that allowed the land to be split up into zones between the two countries. France however did control most of the land that we now call Morocco (FactMonster). Finally, in 1956, the land and people of the land were granted and recognized of the independence they deserved and was now known as Morocco. Morocco became a Hassanian Democracy in the 1990’s, which gave the country political freedom while still being able to obtain a monarch, and this has pursued on to present day. The ruler is currently Muhammed VI and according to Fact Monster, “has pledged to make the political system more open, allow freedom of expression, and support economic reform. He has also advocated more rights for women, a position apposed by Islamic fundamentalists. With about 20% of the population living in dire poverty, economic expansion is a primary goal” (FactMonster). When Morocco was granted its independence it had a difficult start in the economic development sector. It became a third world country with a gross national income per capita at only $550 in 1970 (History of Morocco). The country developed slowly with only a 47% literacy rate and the life expectancy cutting short at only 55 years old. The economy was based on agriculture, and unlike today was completely dependent on foreign sources of financing (History of Morocco). The IMF and World Bank noticed structural and economic issues and went and made recommendations to the king and government in order to help them take the proper actions and measures to save their economy. The important items on the list of change was stabilization, structural changes policies to limit the large deficits and to strengthen the balance of payments, and reduce the reliance on phosphates and agricultural output (History of Morocco). The King and government took these recommendations and made the necessary changes, which resulted in having significant effect on the economy and improved each trouble area that recommended to fix. The only issue still lying after all the change was the economic growth rate. It had not been raised and was still not stable which was causing internal and external economic issues. Another issue that effected Morocco’s economy was over-valuation of the dirham. It was over-valued it by 20% which had severely negative impacts on imports and exports for Morocco (History of Morocco). Morocco’s economy thrives off of agriculture, phosphates, and tourism. In droughts, before they made
Morocco is a unique country, growing and growing at accelerating rates and increasing economic growth everyday. All sectors of the county’s financials, economies, and likewise seem to be flourishing with little to change. Due to the monarchy and strict restrictions on writing anything bad about the kingdom, the country seems to be on paper a fantastic place to live with a population, government, and king all aiming to bring the country up to its highest potential. The one fault however is the educational sector which completely takes you into a different view of the unemployment rate, educational level, and job sector than ever before. With focusing on the economic development of the country you find that every sector has been making great strides that have a lasting effect and difference on the country that you don’t see with education. Education is the basis of a country and while taking a look into the its development and the other economic sectors, it is indisputable and prevailing that the country needs an educational reform to make the Morocco as flourishing and prosperous as the rest of its economy. Morocco’s history does not start that far back, it was compromised by many other countries before it was declared its own, and is a fairly recent country. …show more content…
Morocco first began as not a home to the Moroccans, but as a home to the Berbers stating back to early B.C. The Berbers lost their home in 1660 to the Alawite dynasty, which is a sherif dynasty that has the same guidelines and practices that Morocco still follows to this day (FactMonster). The land Morocco sits on was constantly up for battle, with numerous dynasty’s and countries attempting to gain control. The country became one of the Barbary States in the 17th and 18th century which only lasted until 1904, when a new owner of the land came in succession. France and Spain decided on a furtive agreement that allowed the land to be split up into zones between the two countries. France however did control most of the land that we now call Morocco (FactMonster). Finally, in 1956, the land and people of the land were granted and recognized of the independence they deserved and was now known as Morocco. Morocco became a Hassanian Democracy in the 1990’s, which gave the country political freedom while still being able to obtain a monarch, and this has pursued on to present day. The ruler is currently Muhammed VI and according to Fact Monster, “has pledged to make the political system more open, allow freedom of expression, and support economic reform. He has also advocated more rights for women, a position apposed by Islamic fundamentalists. With about 20% of the population living in dire poverty, economic expansion is a primary goal” (FactMonster). When Morocco was granted its independence it had a difficult start in the economic development sector. It became a third world country with a gross national income per capita at only $550 in 1970 (History of Morocco). The country developed slowly with only a 47% literacy rate and the life expectancy cutting short at only 55 years old. The economy was based on agriculture, and unlike today was completely dependent on foreign sources of financing (History of Morocco). The IMF and World Bank noticed structural and economic issues and went and made recommendations to the king and government in order to help them take the proper actions and measures to save their economy. The important items on the list of change was stabilization, structural changes policies to limit the large deficits and to strengthen the balance of payments, and reduce the reliance on phosphates and agricultural output (History of Morocco). The King and government took these recommendations and made the necessary changes, which resulted in having significant effect on the economy and improved each trouble area that recommended to fix. The only issue still lying after all the change was the economic growth rate. It had not been raised and was still not stable which was causing internal and external economic issues. Another issue that effected Morocco’s economy was over-valuation of the dirham. It was over-valued it by 20% which had severely negative impacts on imports and exports for Morocco (History of Morocco). Morocco’s economy thrives off of agriculture, phosphates, and tourism. In droughts, before they made