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The book “Mohammed VI’s Strategies for Moroccan Economic Development” by Eve Sandberg and Seth Binder is a pivotal piece that delves into the intricacies of Morocco’s economic growth during King Mohammed VI’s rule.
The authors examine the King’s tactics, which have partially mirrored the neoliberal blueprint endorsed by Western nations and organizations. They also emphasize the King’s adoption of certain European state intervention practices seen in the “varieties of capitalism” models prevalent in Europe.
A significant insight from the book is the King’s achievement in updating the fundamental economic sectors of Morocco. Yet, the authors contend that this progress has not been equally distributed among all Moroccans. This is a recurring theme in the book highlighting the economic divide.
The book further explores the King’s initiative to harness “leap frog” technologies, thereby establishing Morocco as a frontrunner in specific productive sectors. This approach has enabled Morocco to compete globally, instead of merely trying to match its competitors.
However, the book points out that despite these advancements, numerous Moroccan citizens still express the same economic worries that existed in 1999 when King Mohammed VI ascended the throne. This indicates that while considerable progress has been made, there is still a long road ahead.
In summary, “Mohammed VI’s Strategies for Moroccan Economic Development” provides a thorough and enlightening examination of Morocco’s contemporary economy. It is an essential read for those keen on comprehending the economic development initiatives spearheaded by King Mohammed VI and their influence on Morocco’s economy and its people.
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