Morocco 2040: Emerging by Investing in Intangible Capital documents the major economic and social strides made by Morocco over the past 15 years and analyzes the economic conditions for accelerating the pace of economic catch-up by 2040. A virtuous yet realistic scenario suggests that with...

Intro -- Contents -- Preface -- Observations on social capital -- Notes on social capital and economic performance -- Social capital in the creation of human capital -- Defining social capital: an integrating view -- Formal and informal institutions -- Creating and harnessing social capital --...

Industrialization drives the sustained growth in jobs and productivity that marks the developmental take-off of most developed economies. Yet, academics and policy makers have questioned the role of manufacturing in development for late industrializers, especially in view of rapid advancements...