IMF managing director, Christine Lagarde, with the chairman of the Moroccan Economic, Social and Environmental Council, Nizar Baraka (photo: dpa)

Morocco still lacks economic freedom despite reforms

King Mohammed VI of Morocco introduced constitutional reform three years ago. His country still lacks economic freedom, and any major long-term impact on business and society will be hard to achieve because of the subtle balance of power between monarchy and Islamism in a new democratic context. However, slow processes are probably better than radical ones at securing the stability necessary for a smooth, peaceful evolution.

THE ARAB Spring in Morocco has turned into some sort of ‘velvet evolution’, with a peaceful transition towards democracy.

The constitutional refor...

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Dr. Emmanuel Martin
Giving away some power to Islamists of the Justice and Development Party (PJD), who were elected in November 2011, was the king’s best strategy to release social pressure, especially in the context of the Arab Spring
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