covering 1989–2004 for banks in Egypt, Jordan, Lebanon, Morocco, and Tunisia. The results provide clear support for a …

Since the onset of the Arab Spring, economic uncertainty in Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen (Arab … and social tensions have constrained reform efforts. Assessing policy options as presented in the voluminous literature on …

This paper examines the economic and financial linkages between Morocco and Tunisia and their European partners. Using … growth in Morocco and Tunisia. For Tunisia, exports and, to a much lesser extent, tourism appear to be the major transmission … channels. In Morocco, exports, remittances and tourism play relatively equal roles. An analysis with sectoral data supports …

two North African countries, Morocco and Tunisia. We do so by performing a multivariate time series analysis of aggregated …

authorities’ reform agenda and sending positive signals to markets. Given significant global risks, a successor arrangement … considers that Morocco continues to qualify for a PLL arrangement and recommends the approval of the authorities’ request. The …

This 2014 Article IV Consultation highlights that Morocco has made important strides in maintaining macroeconomic …