Growth has rebounded from the pandemic and the energy crisis, despite the 2023 earthquake and droughts. Morocco has benefitted from a stable macroeconomic regime and the deficit is narrowing following the pandemic and energy crisis with the government debt ratio is around 70% of GDP. Morocco has embarked on major reforms to encourage investment and to extend health insurance and social protection, but a stronger convergence path will be needed to achieve the vision in the New Development Model. Morocco’s labour productivity gap with the frontier remains large, although it has narrowed. FDI flows have been strong, but domestic private investment is low, and Moroccan firms face obstacles in performing better. Morocco’s young population is an asset, but the labour market suffers from high youth unemployment and low female employment. Emigration is significant. Widespread informality leads to low wages, poor-quality jobs and weak skills. Morocco has made an ambitious commitment to reduce carbon emissions by 45% by 2030 compared to 2010 and to net zero by 2050, benefiting from the country’s potential for renewables-based generation. The country is vulnerable to climate change and already faces significant water stress. SPECIAL FEATURES: BOOSTING INVESTMENT, FIRM PERFORMANCE AND PRODUCTIVITY; CREATING MORE AND BETTER JOBS

Growth has held up better in Egypt than in neighbouring countries until recently but inflation has reached very high levels and financing conditions have tightened along with foreign currency shortages. In this context, Egypt is stepping up economic reform efforts.

The blue economy is a major driver of urban and regional development, creating millions of local jobs in water-dependent sectors such as fisheries, tourism, and shipping. However, it can also contribute to carbon emissions and ecosystem degradation, while its reliance on freshwater, coastal and marine ecosystems exposes it to the impacts of climate change. As the places where the blue economy takes place, creates value and provides jobs, cities and regions play a key role in unlocking the potential of a resilient blue economy that preserves the ecosystems that sustain it. Building on a global survey of 80+ cities, regions and basins, this report highlights the costs and benefits of the blue economy at subnational level, shedding light on the link between the blue economy and water security. This analysis provides an overview of the multi-level governance of the blue economy and related gaps. It calls on cities and regions to develop resilient, inclusive, sustainable and circular (RISC-proof) blue economies by establishing the right governance conditions related to policy making, policy coherence and policy implementation. The report concludes with a RISC Assessment Framework that offers a self-evaluation tool for subnational governments.

This Handbook focuses on the complex relationship between entrepreneurship and conflict. Editors Wim Naudé and Bernadette Power construct a broad overview of central research themes in the field, covering states being captured by entrepreneurs, states capturing businesses, entrepreneurship in post-conflict reconstruction, and entrepreneurs in conflict against other entrepreneurs.

Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.

Despite progress, open government reforms remain uneven across the Arab region and are hampered by the ongoing effects of the COVID-19 pandemic. This report assesses the economic and social impact of open government based on experiences and good practices in OECD and Arab countries.

The 2024 edition of OECD Tourism Trends and Policies analyses the latest tourism performance and policy trends across 50 OECD countries and partner economies. Thematic chapters provide insights on strengthening the tourism workforce and building the evidence base for sustainable tourism policies.

On a fragile planet with spreading food insecurity, food waste is a political and ethical problem. Examining the collaborative, sometimes scrappy institutional and community efforts to recuperate and redistribute food waste in Brussels, Belgium, Kelly Alexander reveals it is also an opportunity for new forms of sociality. Her study plays out across a diverse set of locations—including a food bank with ties to the EU, a social restaurant serving low-cost meals made from supermarket surplus by an emergent immigrant labor force, and a social inclusion program in an urban market with a "zero food waste" pop-up cafe. Alexander argues that these efforts, in concert with innovative policy, effectively recirculate wasted food to new publics and produce what she terms a "spectrum of edibility." According to Alexander, these models face challenges—including reproducing the very power dynamics across race, class, and citizenship status they seek to circumvent. They also mirror the challenges of the everyday operations of the European social welfare state, which is increasingly reliant on NGOs to meet provisioning promises. Yet she finds that they also move the needle forward to reduce food waste across one city, providing an example for major urban centers around the world.

Delve into the complex landscape of the informal economy with the Routledge Handbook of the Informal Economy, a groundbreaking volume that transcends conventional economic analysis by contextualizing it within a broader regulatory and social framework. This comprehensive handbook offers cutting-edge categorical, thematic, and regional analyses of the informal, or shadow, economy. An esteemed international ensemble of contributors draws on diverse economic perspectives, exploring a spectrum of definitions and measures, including household, firm-level, and employment-based metrics, alongside perceptional and model-based estimates. Employing a variety of econometric and methodological approaches, the volume provides both regional and global estimates of the informal economy's extent. Beyond conventional boundaries, it unveils various facets of informality, from child labor, tax evasion, and self-employment to precarious and undeclared work. In-depth examinations of the determinants and consequences of informality enhance the volume's robust analysis. As a forward-looking compendium, the handbook also offers insights into the future trajectory of the informal economy as we journey further into the 21st century. This definitive and up-to-date reference work is indispensable for readers in labor economics, development economics, political economy, policy studies, and sociology, offering a nuanced understanding of the multifaceted dimensions and dynamics of the informal economy.