|
on MENA - Middle East and North Africa |
| By: | Jihad Issami (UIT - Université Ibn Tofaïl, laboratoire de recherche en sciences de gestion des organisations - ENCG Kenitra); Mariam Cherqaoui (laboratoire de recherche en sciences de gestion des organisations - ENCG Kenitra) |
| Abstract: | Between 1983 and 2000, Morocco experienced moderate economic growth, insufficient to address rapid population growth and rising unemployment. To tackle these challenges, the Kingdom of Morocco implemented several initiatives, notably the National Initiative for Human Development (INDH), aimed at reducing inequalities and promoting economic inclusion. This paper examines the impact of the INDH's "Youth Economic Inclusion and Income Improvement" program, implemented in the Kénitra province, as a driver of social entrepreneurship. The research aims to explore how this program contributes to creating economic opportunities for youth and women while fostering sustainable and inclusive development. Through an in-depth analysis of data collected from beneficiaries and stakeholders, the findings highlight achievements while identifying limitations and challenges that need to be addressed to maximize the program's impact. This study offers insights into strengthening public policies and strategies to support social entrepreneurship in Morocco.Keywords:INDH; economic inclusion; entrepreneurship; unemployment; Morocco. |
| Abstract: | Entre 1983 et 2000, l'économie marocaine a connu une croissance modérée, mais insuffisante pour faire face à l'augmentation rapide de la population et à l'aggravation du chômage. Pour répondre à ces défis, le Royaume du Maroc a mis en œuvre plusieurs initiatives, notamment l'Initiative Nationale pour le Développement Humain (INDH), visant à réduire les inégalités et à promouvoir l'inclusion économique. Cet article examine l'impact du programme « Amélioration du revenu et inclusion économique des jeunes » del'INDH, mis en œuvre dans la province de Kénitra, en tant que levier pour l'entrepreneuriat social. L'objectif de la recherche est de comprendre comment ce programme contribue à la création d'opportunités économiques pour les jeunes et les femmes, tout enfavorisant un développement durable et inclusif. À travers une analyse approfondie des données recueillies auprès des bénéficiaires et des parties prenantes, les résultats mettent en lumière les avancées réalisées, tout en identifiant les limites et les défis à relever pour maximiser l'impact de ces initiatives. L'étude offre des perspectives pour renforcer les politiques publiques et les stratégies de soutien à l'entrepreneuriat social au Maroc |
| Keywords: | Morocco, INDH, inclusion économique, entrepreneuriat, chômage, Maroc, INDH inclusion économique entrepreneuriat chômage Maroc INDH economic inclusion entrepreneurship unemployment Morocco, Maroc INDH, economic inclusion, entrepreneurship, unemployment |
| Date: | 2025–05–01 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04997656 |
| By: | Mohammed Kehel (UH2C - Université Hassan II de Casablanca = University of Hassan II Casablanca = جامعة الحسن الثاني (ar)) |
| Abstract: | The organization of a major sporting event represents a great opportunity for the host country to benefit from the potential impacts brought about by this event. Morocco, one of the three countries hosting the men's football World Cup in 2030 with Spain and Portugal, aims to create "sustainable value" for its economy through the organization of this major sporting event. Based on an external generating element which is the 2030 World Cup, the Moroccan organizers hope to benefit greatly from this event by benefiting from a significant return on investment in terms of positive impact on the economy, the social and the environmental. The purpose of this article is to question the potential impacts that this sports competition can generate on the economy of a developing country, the case of Morocco. The analysis of theoretical and empirical literature will constitute our frame of reference that will allow us to identify the theoretical basis of this causal link between the organization of a major sporting event and the impacts it can induce for the host territory. Subsequently, we will attempt, through the case of Morocco, to describe the potential short- and long-term repercussions of the 2030 football world cup on the socio-economic development of the country. |
| Abstract: | L'organisation d'un grand événement sportif constitue pour le pays hôte une grande opportunité pour bénéficier d'impacts potentiels entrainés par cette manifestation. Le Maroc, l'un des trois pays organisateurs de la coupe du Monde de football masculin en 2030 avec l'Espagne et le Portugal ambitionne de créer de la « valeur durable » pour son économie à travers l'organisation de cette grande manifestation sportive. En se basant sur un élément générateur externe qui est le Mondial 2030, les organisateurs marocains espèrent tirer un grand profit de cet événement en bénéficiant d'un retour sur investissement important en termes d'impact positif sur l'économique, le social et l'environnemental. L'objet de cet article est de s'interroger sur les impacts potentiels que peut générer cette compétition sportive sur l'économie d'un pays en voie de développement, le cas du Maroc. L'analyse de la littérature théorique et empirique constituera notre cadre de référence qui va nous permettre d'identifier le fondement théorique de ce lien de causalité entre l'organisation d'un grand événement sportif et les impacts qu'il peut induire pour le territoire hôte. Par la suite, on tentera, à travers le cas du Maroc, de décrire les retombées potentielles à court et long terme du Mondial 2030 de football sur le développement socio-économique du pays. |
| Keywords: | Grand événement sportif Potential, Impacts potentiels, Pays en développement, Territoire hôte, Major sporting event, Potential impacts, Developing country, Host territory. |
| Date: | 2025–05–11 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05092875 |
| By: | Rachid Maghniwi (Université Mohammed 5 RABAT); Mustapha Oukassi (Université Mohammed 5 RABAT) |
| Abstract: | This research examines the emergence and evolution of neo-banks in Morocco through an in-depth qualitative analysis based on grounded theory. In the context of digital transformation in the Moroccan banking sector, our study explores the mechanisms of adaptation of banking distribution models to local sociocultural specificities. Through a series of semi-structured interviews conducted with 45 participants representing different sector stakeholders, this research highlights the complex dynamics between technological innovation and local cultural requirements. Data analysis, performed using NVivo software, reveals the emergence of a distinctive hybrid model, characterized by a synthesis between advanced digitalization and maintenance of traditional interpersonal relationships. The results emphasize the importance of local adaptation in the success of neo-banks in Morocco, while identifying key factors of resistance and adoption. This study contributes to understanding digital transformation processes in emerging markets and proposes a conceptual framework for analyzing banking innovation in specific cultural contexts. |
| Abstract: | Cette recherche examine le phénomène de gel précoce des comptes bancaires numériques au Maroc, caractérisé par une inactivité significative dans les trois premiers mois suivant l'entrée en relation. Face aux enjeux de rentabilité et de satisfaction client que ce phénomène soulève, l'étude propose un modèle prédictif intégrant les données issues de l'open banking pour identifier et prévenir l'inactivité précoce. À travers une méthodologie mixte combinant analyse rétrospective de données transactionnelles et suivi longitudinal d'une cohorte de 150 nouveaux clients d'une banque digitale marocaine, la recherche caractérise les profils à risque et évalue la contribution marginale des données multi-bancaires dans l'amélioration des capacités prédictives. Trois approches de modélisation sont comparées : un modèle de référence utilisant uniquement les données internes de la banque, un modèle enrichi par l'open banking, et un modèle hybride avancé intégrant des techniques de deep learning. Les résultats révèlent que l'intégration des données d'open banking améliore la précision prédictive de 16, 4%, offrant aux institutions financières digitales marocaines des outils opérationnels pour renforcer l'engagement client dès les premières étapes de la relation bancaire. |
| Keywords: | Neo-banks, Morocco, Financial Innovation, Qualitative Analysis, Grounded Theory, Banking Distribution, Customer Experience, Cultural Adaptation, Digital Transformation, Financial Services, Open banking, banque digitale, gel de compte, modélisation prédictive, machine learning, Maroc, inactivité client |
| Date: | 2025–03–07 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05060947 |
| By: | Rachid Maghniwi (Université Mohammed 5 RABAT); Mustapha Oukassi (Université Mohammed 5 RABAT) |
| Abstract: | This study examines the ethical integration of artificial intelligence (AI) in the Moroccan banking sector and itsimpact on the evolution of skills and professional roles, providing insight into the challenges and opportunities forthe African banking sector as a whole. In a context of rapid digital transformation, Morocco positions itself as aregional leader in the adoption of financial technologies, making it a relevant case study for understanding thedynamics at work across the continent. The main objective of this research is threefold: to analyze the modalitiesof ethical AI integration in Moroccan banks, to assess its impact on skills and professional roles, and to examinethe broader implications for financial inclusion and the country's economic development.The adopted methodology combines quantitative and qualitative approaches. Preliminary results indicate rapid AIadoption in the Moroccan banking sector, with a 60% increase in AI investments between 2018 and 2023. Thisadoption has led to a significant transformation of required skills, with 72% of surveyed banking professionalsreporting major changes in their roles. The study reveals the emergence of new positions such as "Banking AIEthicist" and "AI Customer Experience Manager", reflecting a growing awareness of ethical issues.In terms of financial inclusion, AI has enabled the extension of banking services to 30% new customers in ruralareas, through alternative credit scoring solutions and interfaces in Moroccan dialect. However, ethical challengespersist, particularly in terms of personal data protection and algorithmic transparency, with only 35% of the studiedbanks having established AI ethics committees. The implications of this research are manifold for Morocco andAfrica. It provides concrete recommendations for ethical and inclusive integration of AI in the banking sector, emphasizing the importance of a balanced approach between technological innovation and preservation of localcultural values |
| Keywords: | Artificial Intelligence, Moroccan Banking Sector, AI Ethics, Financial Inclusion, Skills Transformation, Professional Roles, Economic Development, Technological Innovation, Banking Regulation, Africa |
| Date: | 2025–04–04 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05060945 |
| By: | Zineb Aarich (IBN ZOHR- FSJES AIT MELLOUL- LERSEM - Faculté des sciences juridiques, économiques et sociales Ait Melloul Université Ibn Zohr, Ait Melloul, Maroc, Laboratoire LERSEM); Mohamed Imloui (IBN ZOHR- FSJES AIT MELLOUL- LERSEM - Faculté des sciences juridiques, économiques et sociales Ait Melloul Université Ibn Zohr, Ait Melloul, Maroc, Laboratoire LERSEM); Hassan Rehaimi (IBN ZOHR- FSJES AIT MELLOUL- LERSEM - Faculté des sciences juridiques, économiques et sociales Ait Melloul Université Ibn Zohr, Ait Melloul, Maroc, Laboratoire LERSEM) |
| Abstract: | This study explores the impact of public education expenditure on poverty reduction in Morocco, employing a computable general equilibrium (CGE) model that is based on the 2007 Social Accounting Matrix (SAM) of the Moroccan economy. The simulation findings show that increased spending on education promotes economic growth and helps to reduce poverty. Nevertheless, the success of this policy depends on macroeconomic stability, the availability of resources and technological progress. The results show that directing investment in education towards low-income households generates the greatest poverty reduction effects. In addition, continued employment growth, supported by flexible labor markets, is essential for long-term poverty reduction. The research recommends increasing investment through school expansion, conditional cash transfers and teacher incentives, particularly in rural areas. In addition, it is essential to align educational outcomes with labor market demand to improve economic opportunities for the poor. |
| Keywords: | Government Expenditure Education Poverty reduction CGE model Morocco, Government Expenditure, Education, Poverty reduction, CGE model, Morocco |
| Date: | 2025–06–17 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05124444 |
| By: | Ilyasse Ech-Chafi (UH2C - Université Hassan II de Casablanca = University of Hassan II Casablanca = جامعة الحسن الثاني (ar)); El Hassane Ait Ali |
| Abstract: | SMEs are essential to the economy, particularly in emerging countries like Morocco. Their managers face many obstacles that impact their health. These difficulties include managing various tasks, maintaining competitiveness, and lacking financing and bureaucracy. Our study analyzes the stress factors affecting the health of Moroccan SME managers and their impact on business performance. We propose solutions based on previous studies to mitigate these risks and ensure the long-term viability of companies. Our methodological approach is based on in-depth analysis of academic articles from recognized databases such as Scopus and Google Scholar. We identify the main stressors and suggest effective measures to improve executives' well-being and strengthen the resilience of their companies. Our findings reveal that these executives are under significant stress due to work overload, multiple responsibilities and financial pressures. To remedy this, we offer personalized support, stress management training, and occupational health seminars. This study aims to improve the quality of life of SME managers and optimize the performance of their companies. |
| Keywords: | Managers, Stress factors, Morocco, Health, SMEs, Well-being |
| Date: | 2025–05–10 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05062947 |
| By: | Manal Dougadir (Laboratory of Modeling Applied to Economics and Management (MAEGE) - (FSJESAS) HASSAN II University - Casablanca Ain Sebaâ Faculty of Legal, Economic and Social Sciences -(FSJESAS) HASSAN II University, Casablanca, Maroc); Mohamed Elhia (MAEGE - Laboratory of Modeling Applied to Economics and Management (MAEGE)); Amine Radah (MAEGE - Laboratory of Modeling Applied to Economics and Management (MAEGE)) |
| Abstract: | Morocco, aware of the challenges posed by its organizational model, has undertaken to set up a system of universal medical coverage. The aim of this initiative is to guarantee the economic and social security of its citizens, ensure a decent standard of living and prevent the risks associated with illness, unemployment, old age, disability and poverty. The implementation of this universal medical coverage scheme bears witness to Morocco's determination to promote access to healthcare, reduce inequalities and strengthen social security with a view to sustainable development. The system encompasses generalized medical coverage and family allowances, the introduction of a pension scheme for the working population, and the introduction of a job loss indemnity. This article retraces the historical development of health insurance in Morocco since independence, and critically analyzes the evolution of the Moroccan health system in the light of economic theories and international experience, while taking stock of the progress made. It highlights the various stages involved in setting up the system, the challenges encountered and the outlook for the future The article analyzes the multidisciplinary theoretical framework, integrating contributions from health economics, comparative public policy analysis and institutional approaches, although methodologically, this research adopts a mixed approach combining in-depth documentary analysis, exploitation of national and international statistical data, and structured comparison with reference health systems. |
| Keywords: | Healthcare system universal health coverage generalization of social coverage healthcare supply basic medical coverage healthcare system performance. JEL Classification: I180 Paper type : Theoretical Research, Healthcare system, universal health coverage, generalization of social coverage, healthcare supply, basic medical coverage, healthcare system performance. JEL Classification: I180 Paper type : Theoretical Research |
| Date: | 2025–04–23 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05051579 |
| By: | Hazem, Nada; Zaki, Chahir |
| Abstract: | The Middle East and North Africa (MENA) region stands among the most vulnerable areas to the impacts of climate change. At the same time, with lax environmental regulations, this region’s integration into Global Value Chains (GVC) is modest. Thus, this paper aims to examine the effect of environmental stringency on GVC participation in MENA countries. To do so, using the World Bank Enterprise Surveys, this paper analyzes how environmental regulations and treaties affect both the extensive and the intensive margins of GVCs. The main results show that national environmental regulations increase the likelihood of integrating into GVCs when it is measured using both the simple and the strict definitions. This result highlights the role of such regulations in attracting GVCs in developing countries and thus lends support to the Porter Hypothesis. The paper also shows that these regulations increase the effect of spending on research and development on GVC. Yet, the results are less conclusive for the role of environmental treaties. These results remain robust when a mixed multilevel approach is used, and when large exporters, who might lobby to affect policy choices, are dropped from the analysis. In addition, at the sectoral level, national regulations are associated with higher GVC participation in the food sector in the MENA region and lower participation in the plastics one. Finally, regulatory stringency increases the probability of GVC participation for both SMEs and large firms, with the effect generally stronger for SMEs. |
| Date: | 2025–06–30 |
| URL: | https://d.repec.org/n?u=RePEc:wbk:wbrwps:11161 |
| By: | Elhoucine Boukraicha (ENCG - École Nationale de Commerce et de Gestion d'Agadir - Université Ibn Zohr = Ibn Zohr University [Agadir], Université Ibn Zohr = Ibn Zohr University [Agadir]); Hassane Amaazoul (ENCG - École Nationale de Commerce et de Gestion d'Agadir - Université Ibn Zohr = Ibn Zohr University [Agadir], Université Ibn Zohr = Ibn Zohr University [Agadir]) |
| Abstract: | The COVID-19 health crisis has profoundly transformed ways of organizing work, encouraging the widespread adoption of telecommuting worldwide. This paper looks at the impact of teleworking on employee performance in Morocco's major telecommunications companies, namely Maroc Telecom (IAM), Orange and Inwi. A quantitative methodology was adopted through a structured questionnaire administered to a sample of 72 employees from these three companies. The data collected were analyzed using SPSS software, mobilizing descriptive and inferential statistical tools, notably correlation analysis and multiple linear regression. The results show that teleworking has an overall positive effect on employee performance, particularly in terms of productivity, organizational autonomy and ability to concentrate. The study highlights the crucial importance of certain determining factors: high-performance, reliable IT equipment, a stable Internet connection, and a conducive work environment at home. These elements not only improve the flow of work and the quality of deliverables, but also stimulate motivation, reduce distractions, and facilitate better task organization. What's more, autonomy in the management of working time reinforces individual responsibility and optimizes work organization. On the managerial front, the article recommends that telecoms companies invest in appropriate technological infrastructures (laptops, collaborative software, IT support), introduce regular technical audits, offer ongoing training in digital tools, and organize weekly follow-up meetings with remote teams. It is also essential to foster management based on trust, open communication and organizational flexibility. Finally, this research contributes to the existing literature by proposing an empirical analysis contextualized to Morocco and to a strategic sector as yet little explored in academic studies of telework. |
| Abstract: | La crise sanitaire du COVID-19 a profondément transformé les modes d'organisation du travail, favorisant une généralisation du télétravail à l'échelle mondiale. Ce papier s'intéresse à l'impact du télétravail sur la performance des employés dans les grandes entreprises de télécommunications au Maroc, à savoir Maroc Telecom (IAM), Orange et Inwi. Une méthodologie quantitative a été adoptée à travers un questionnaire structuré, administré à un échantillon de 72 employés issus de ces trois entreprises. Les données collectées ont été analysées à l'aide du logiciel SPSS, mobilisant des outils statistiques descriptifs et inférentiels, notamment l'analyse de corrélation et la régression linéaire multiple. Les résultats montrent que le télétravail exerce un effet globalement positif sur la performance des employés, notamment sur leur productivité, leur autonomie organisationnelle et leur capacité de concentration. L'étude met en évidence l'importance cruciale de certains facteurs déterminants : un équipement informatique performant et fiable, une connexion Internet stable, ainsi qu'un environnement de travail propice à domicile. Ces éléments améliorent non seulement la fluidité du travail et la qualité des livrables, mais stimulent également la motivation, réduisent les distractions, et facilitent une meilleure organisation des tâches. De plus, l'autonomie dans la gestion du temps de travail renforce la responsabilisation individuelle et optimise l'organisation du travail. Sur le plan managérial, l'article recommande aux entreprises de télécommunications d'investir dans des infrastructures technologiques adaptées (ordinateurs portables, logiciels collaboratifs, support IT), d'instaurer des audits techniques réguliers, de proposer des formations continues sur les outils numériques, et d'organiser des points hebdomadaires de suivi avec les équipes à distance. Il est également essentiel de favoriser un management fondé sur la confiance, la communication ouverte et la flexibilité organisationnelle. Enfin, cette recherche contribue à la littérature existante en proposant une analyse empirique contextualisée au Maroc et à un secteur stratégique encore peu exploré dans les études académiques sur le télétravail. |
| Keywords: | Teleworking, Employee Performance, Telecommunications Sector, Morocco, Empirical Analysis., Télétravail, Performance des employés, Secteur des télécommunications, Maroc, Analyse empirique. Classification JEL : M12, M54 Type de l'article : Recherche empirique Teleworking Employee Performance Telecommunications Sector Morocco Empirical Analysis. JEL Classification: M12, M54 Paper type: Empirical research, Télétravail, Performance des employés, Secteur des télécommunications, Maroc, Analyse empirique. Classification JEL : M12, M54 Type de l'article : Recherche empirique Teleworking, Empirical Analysis. JEL Classification: M12, M54 Paper type: Empirical research, Télétravail, Performance des employés, Secteur des télécommunications, Maroc, Analyse empirique. |
| Date: | 2025–05–10 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05090094 |
| By: | Rachid Maghniwi (Université Mohammed 5 RABAT) |
| Abstract: | This study analyzes the determinants of the trade-off between rating-based assessment and the requirement for real collateral in bank lending to Moroccan SMEs, particularly in a context of deteriorating balance sheet fundamentals. Facing post-pandemic economic challenges and rising non-performing loans, Moroccan banking institutions are confronted with a major dilemma: strengthen their dependence on internal rating systems or favor tangible guarantees. Our research, based on a sample of 237 SMEs and covering the period 2019-2024, demonstrates that the deterioration of SMEs' financial indicators leads to a significant shift in the balance in favor of real guarantees, to the detriment of the rating approach. This evolution, while securing the banking system in the short term, risks exacerbating inequalities in access to financing and hindering the recovery of the Moroccan entrepreneurial fabric. Practical recommendations and policy perspectives are proposed to rebalance this trade-off. |
| Keywords: | Moroccan SMEs, bank credit, rating, real collateral, credit risk, balance sheet ratios |
| Date: | 2025–05–28 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05096207 |
| By: | Maha Adaifi; Abdelhalim Lakrarsi (UM5 - Université Mohammed V de Rabat [Agdal], UJM - Université Jean Monnet - Saint-Étienne) |
| Abstract: | Tax administrations worldwide have become aware of the urgent need to consider the digitalization of their information systems as an essential challenge. In this context, the Moroccan General Directorate of Taxes (DGI) has embarked on a major digital transformation initiative to align itself with performance standards. The aim of this article is to analyze the contribution of the digitalization of the tax information system to the performance of the DGI. To this end, we provide a narrative review of the literature and a detailed documentary analysis covering the period from 2019 to 2023. First, the study presents a general overview of digitalization within the DGI, outlining its objectives and how it is implemented. Second, we focus on determining the extent to which this digitalization has contributed to the performance of the DGI, with a specific focus on fiscal revenue and expenditure levels.The research approach combines a literature review with an analysis of the situation in Morocco, based on the exploitation of official documents published by the DGI for the period from 2019 to 2023. The conclusions of the analysis show that the digitalization of the information system has led to significant improvements in the performance of the DGI, particularly in terms of fiscal revenue. Classification JEL : Paper type : Theoretical Research |
| Abstract: | Les administrations fiscales du monde entier ont pris conscience de l'urgence de considérer la digitalisation de leur système d'information comme un enjeu incontournable. Dans ce cadre, la Direction générale des impôts (DGI) du Maroc s'est engagée dans une entreprise de transformation numérique majeure pour s'aligner sur les standards de la performance. Cet article a pour objectif d'analyser la contribution de la digitalisation du système d'information fiscal à la performance de la DGI. En ce sens, nous proposons une revue narrative de la littérature et une analyse documentaire détaillée qui couvrent la période 2019-2023. Dans un premier temps, l'étude présente un aperçu général de la digitalisation au sein de la DGI, en relatant ses objectifs ainsi que la manière dont elle est mise en œuvre. Dans un second temps, nous nous sommes attachés à déterminer dans quelle mesure cette digitalisation contribue-t-elle à la performance de la DGI, en prenant pour pivot à notre recherche le niveau de recettes fiscales et de dépenses fiscales. La démarche de recherche repose sur l'utilisation d'une démarche mêlant revue de littérature et analyse de la situation dans le cas du Maroc, à partir de l'exploitation de documents officiels publiés par la DGI pour la période 2019-2023. Les conclusions de l'analyse montrent que la digitalisation du système d'information a permis de faire progresser la performance de la DGI dans des domaines variés, de façon plus spécifique au bénéfice des recettes fiscales. Type du papier : Recherche Théorique |
| Keywords: | Performance, digitalization, fiscal information system, performance, digitalisation, système d'information fiscal |
| Date: | 2025–05–11 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05063908 |
| By: | Cherkaoui El Hamdani (UM5 - Université Mohammed V de Rabat [Agdal]); Benaissa Nahhal (CRIISEA - Centre de Recherche sur les Institutions, l'Industrie et les Systèmes Économiques d'Amiens - UR UPJV 3908 - UPJV - Université de Picardie Jules Verne) |
| Abstract: | This research analyzes the determinants of the financial performance of the main Moroccan banking subsidiaries operating in the WAEMU zone, comprising ten subsidiaries that belong to the three major Moroccan banking groups (AWB, BOA, and BCP). Using a panel data econometric approach, the study estimates fixed and random effects models to identify the significant impact of internal variables such as loan volume, balance sheet size, and credit risk on profitability (measured by ROA and ROE). In contrast, macroeconomic variables appear to play a less decisive role. The findings provide strategic insights for Moroccan banks seeking to optimize their expansion in West Africa. |
| Abstract: | Cette recherche analyse les déterminants de la performance financière des principales filiales bancaires marocaines implantées dans la zone UEMOA, qui sont au nombre de dix filiales, qui représentent les trois groupes bancaires marocains (AWB, BOA et BCP), en mobilisant une approche économétrique en données de panel. À travers l'estimation de modèles à effets fixes et aléatoires, l'étude identifie l'impact significatif de variables internes telles que le volume des crédits, la taille du bilan et le risque de crédit sur la rentabilité (ROA et ROE). Les variables macroéconomiques apparaissent moins déterminantes. Les résultats offrent des pistes stratégiques pour les banques marocaines désirant optimiser leur implantation en Afrique de l'Ouest. |
| Keywords: | Performance bancaire, ROA, ROE, données de panel, UEMOA, banques marocaines JEL Classification : G20, G24. Type du papier : Recherche Empirique Banking performance, panel data, Moroccan banks JEL Classification: G20, G24. Paper type: Empirical Research |
| Date: | 2025–05–15 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05072282 |
| By: | Արեստակես Սիմավորյան (Noravank Foundation - Noravank Scientific Educational Foundation) |
| Abstract: | In the 21st century, the African continent has become a major geopolitical and geoeconomic arena, acquiring strategic significance for the world's leading powers. In this article, an attempt is made to present Turkey and China's strategic approaches to Africa, highlighting their involvement in political, economic, military, and informational spheres. |
| Abstract: | 21-րդ դարում Աֆրիկա մայրցամաքը վերածվել է կարևորագույն աշխարհաքաղաքական ու աշխարհատնտեսական ասպարեզի և ռազմավարական կարևորություն է ստանում աշխարհի առաջատար տերությունների համար։ Այդ պատճառով հոդվածում փորձել ենք ներկայացնել Թուրքիայի և Չինաստանի ռազմավարական մոտեցումները Աֆրիկայի նկատմամբ՝ ներկայացնելով դրանց ներգրավվածությունը քաղաքական, տնտեսական, ռազմական, տեղեկատվական ոլորտներում։ |
| Date: | 2025–06–14 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05116323 |
| By: | Amina Chandad (ENCGT - Ecole Nationale de Commerce et de Gestion de Tanger - UAE - Abdelmalek Essaadi University [Tétouan] = Université Abdelmalek Essaadi [Tétouan]); Mohammed Amine (ENSAT - Ecole Nationale des Sciences Appliquées [Tanger]); Mostafa Abakouy (ENCGT - Ecole Nationale de Commerce et de Gestion de Tanger - UAE - Abdelmalek Essaadi University [Tétouan] = Université Abdelmalek Essaadi [Tétouan]) |
| Abstract: | This article offers a critical literature review of the dynamics shaping the well-being of Moroccan women employed in industry, with a focus on the male-dominated automotive sector. Using a deductive meta-synthesis, the authors juxtapose global theoretical lenses—Conservation of Resources, Job-Demand – Resources, social support and social identity theories—with Morocco's cultural and socio-economic context. They identify three pivotal levers: Work-life balance – flexible scheduling, childcare solutions and family-friendly policies mitigate stress and burnout, boosting job satisfaction. Supportive and inclusive work climate – healthy relationships, open communication and formal recognition foster lasting engagement. Physical and mental-health promotion – programs encouraging exercise, good nutrition and access to mental-health resources strengthen overall well-being. The review demonstrates that employee-centred well-being strategies—intertwined with family duties and government regulations—enhance intrinsic motivation, retention and performance. The authors urge Moroccan industrial firms and policymakers to adopt holistic well-being frameworks to dismantle structural barriers and unlock women's full contribution to national competitiveness. |
| Abstract: | Cet article examine, à travers une revue de littérature critique, les dynamiques qui influencent le bien-être des femmes marocaines travaillant dans l'industrie – en particulier le secteur automobile, historiquement masculin. Les autrices mobilisent une méta-synthèse déductive pour confronter les cadres théoriques internationaux (Conservation des ressources, Job-Demand – Resources, soutien social, identité sociale) aux réalités socioculturelles du Maroc. Trois leviers majeurs se dégagent : Équilibre vie professionnelle / vie personnelle – horaires flexibles, services de garde et politiques familiales réduisent stress et burnout tout en renforçant la satisfaction au travail. Environnement de travail solidaire et inclusif – climat relationnel, reconnaissance et communication ouverte favorisent l'engagement durable. Promotion de la santé physique et psychologique – programmes d'activité, nutrition et accès aux ressources de santé mentale soutiennent l'épanouissement global. L'étude montre que ces mesures, articulées aux responsabilités familiales et aux politiques publiques, stimulent la motivation intrinsèque, la rétention et la performance des employées. Les auteurs appellent les entreprises industrielles marocaines et les décideurs à intégrer des stratégies holistiques de bien-être pour lever les barrières structurelles et maximiser la contribution des femmes aux objectifs de compétitivité nationale. |
| Keywords: | Bien-être des femmes au travail, facteurs familiaux, organisationnels, gouvernementaux motivation et engagement Workplace well-being, family, organizational, governmental factors motivation and engagement, gouvernementaux, motivation et engagement Workplace well-being, governmental factors, motivation and engagement |
| Date: | 2025–05–30 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05100172 |
| By: | Farida Tichout (UIT - Université Ibn Tofaïl); Mariam Cherqaoui (UIT - Université Ibn Tofaïl) |
| Abstract: | The structural reforms of the public sector, to which Morocco has committed, have prompted public administrations to gradually transition from a resource-based management model to a results- or performance-based approach. This shift is justified not only by the need to enhance service quality for users but also by the rational use of resources, ensuring the delivery of high-quality public services at a lower cost. Being part of the public sector, Morocco's penitentiary and rehabilitation administration operates within a distinct environment that demands continuous improvements in performance. Achieving these objectives requires the adoption of managerial practices designed to optimize outcomes. In this context, our research aims to critically assess performance management in this administration and explore existing practices and their limitations, drawing on the reference framework of Ferrera and Otley (2009) and applying participant observation over a specific period (David, 2010). Our analysis also drew on a wide-ranging literature review and interviews with 14 stakeholders in the field, to gain a deeper understanding of the dynamics at work. The study's findings highlight the administration's proactive, efforts to enhance performance management through the mechanisms it adopts. However, these mechanisms raise some observations regarding their consistency, complementarity, implementation, and, more broadly, their effectiveness in addressing users' actual needs and the administration's management specificities. |
| Abstract: | Les réformes structurelles du secteur public auxquelles le Maroc s'est engagé ont interpellé les administrations publiques à passer progressivement d'un mode de gestion axé sur les moyens à une logique de gestion axée sur les résultats ou la performance. Cette dernière se justifie par la qualité des prestations rendues aux usagers, mais aussi par l'usage rationnel des ressources permettant de fournir un service public de qualité et à moindre coût.Faisant partie de la sphère publique, l'administration pénitentiaire et de réinsertion au Maroc opère dans un environnement spécifique lui imposant de renforcer davantage sa performance en adoptant les pratiques managériales permettant d'atteindre les meilleurs résultats. C'est dans ce cadre que nous proposons cette recherche visant à apprécier, sous une vision critique inspirée du cadre de référence de Ferrera et Otley (2009) et dans le cadre d'une observation participante sur la durée (David, 2010), le pilotage de la performance dans cette administration et d'explorer les pratiques existantes et leurs limites. Nous nous sommes également appuyés dans notre analyse sur une large revue documentaire et des entretiens menés avec 14 intervenants dans ce domaine afin d'approfondir la compréhension des dynamiques en place.Les résultats de ce travail ont montré l'existence d'une démarche active chez cette administration d'amélioration de son système de pilotage de la performance à travers les dispositifs qu'elle adopte. Néanmoins, ces derniers soulèvent certaines observations quant à leur harmonisation, complémentarité, déclinaison territoriale et plus globalement leur efficacité à répondre davantage aux besoins réels des usagers et aux spécificités de gestion de cette administration. |
| Keywords: | indicateurs Penitentiary administration, new public management, dashboard, indicators, Administration pénitentiaire nouveau management public performance tableau de bord indicateurs, Administration pénitentiaire, nouveau management public, performance, tableau de bord, indicateurs |
| Date: | 2025–05–11 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05086619 |
| By: | Abdelkarim Jiar (Université Ibn Zohr = Ibn Zohr University [Agadir]); Serghini Meryem (Université Ibn Zohr = Ibn Zohr University [Agadir]); Juiher El Mahdi (Université Ibn Zohr = Ibn Zohr University [Agadir]); Ouaddi Hmad (Université Ibn Zohr = Ibn Zohr University [Agadir]) |
| Abstract: | As urban populations continue to grow and environmental demands intensify, cities are increasingly turning to data-driven approaches to modernize waste management. This study explores how artificial intelligence (AI) and the Internet of Things (IoT), particularly through the analysis of consumer behaviors and logistical flows, can contribute to the development of smarter and more responsive waste management policies. The research is based on a sample of four municipal waste management directors in the Moroccan cities of Agadir, Casablanca, Marrakech, and Fes. Using semi-structured interviews, data were analyzed with Python tools for word cloud generation and sentiment analysis. The findings reveal a fragmented adoption of smart technologies, hindered by insufficient training, limited infrastructure, and a lack of alignment between political ambitions and technological capabilities. Despite these challenges, the interviewed officials express cautious optimism about the potential of AI and IoT. The study recommends integrated strategies that combine digital infrastructure, institutional capacity-building, and local citizen engagement. |
| Abstract: | Alors que les populations urbaines ne cessent de croître et que les exigences environnementales s'intensifient, les villes s'orientent vers des approches fondées sur les données pour moderniser la gestion des déchets. Cette étude explore comment les technologies de l'intelligence artificielle (IA) et de l'Internet des objets (IdO), notamment à travers l'analyse des comportements des consommateurs et des flux logistiques, peuvent contribuer à l'élaboration de politiques de gestion des déchets plus intelligentes et réactives. L'enquête repose sur un échantillon de quatre directeurs municipaux chargés de la gestion des déchets dans les villes marocaines d'Agadir, Casablanca, Marrakech et Fès. À partir d'entretiens semi-structurés, les données ont été analysées à l'aide d'outils Python de génération de nuages de mots et d'analyse de sentiments. Les résultats révèlent une adoption fragmentée des technologies intelligentes, freinée par une formation insuffisante, des infrastructures limitées et un manque de cohérence entre les ambitions politiques et les capacités technologiques. Malgré ces contraintes, les responsables interrogés manifestent un optimisme prudent quant au potentiel de l'IA et de l'IdO. L'étude préconise des stratégies intégrées alliant infrastructure numérique, renforcement des capacités institutionnelles et mobilisation citoyenne à l'échelle locale. |
| Keywords: | Intelligent waste management artificial intelligence Internet of Things urban policy Morocco, Intelligent waste management, artificial intelligence, Internet of Things, urban policy, Morocco |
| Date: | 2025–06–17 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05117660 |
| By: | Benabdeljlil, Nadia; Kerzazi, Lamia |
| Abstract: | This research examines the impact of codes of conduct imposed by international lead firms on subcontractors in Morocco's textile and apparel sector. Based on a qualitative study conducted in the two main industrial hubs (Tangier and Casablanca), it explores the diffusion of corporate social responsibility (CSR) standards along the supply chain, their role in enhancing subcontractor capabilities, and their influence on inter-level relationships within the chain. The study highlights cross-cutting factors that place subcontractors in conditions that are not conducive to the effective implementation of CSR standards. It also shows that procedural audits associated with the enforcement of codes of conduct promote the spread of coercive isomorphism and foster a culture focused on strict compliance with formal rules. Furthermore, the research identifies two distinct profiles of subcontractors based on how they respond to institutional pressures to adopt these codes: those with minimal compliance, often engaging in rule-bypassing practices, and those adopting a proactive approach to internalising the standards. The study also uncovers factors explaining these divergent attitudes. Among the firms with a proactive stance, initiatives aimed at strengthening the capacities of their subcontractors are emerging. However, relationships with downstream actors in the supply chain remain characterised by a climate of mistrust, which limits the overall impact of these efforts. |
| Keywords: | CSR, codes of conduct, textile and apparel sector, Morocco, supply chain, lead firms, subcontractors, informal employment |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:diedps:320561 |
| By: | Anass Guerguer (LERSEM FSJES AIT MELLOUL UIZ - Doctorant chercheur, Laboratoire des Etudes et Recherches en Sciences Economiques et de Management, Université Ibn Zohr / Facultés des Sciences Juridiques Économiques Sociales d’Ait Melloul - Maroc.); Adil El Jouali (LERSEM FSJES AIT MELLOUL UIZ - Professeur Habilité, Laboratoire des Etudes et Recherches en Sciences Economiques et de Management, Université Ibn Zohr / Facultés des Sciences Juridiques Économiques Sociales d’Ait Melloul - Maroc) |
| Abstract: | This article explores the crucial role of economic intelligence (EI) as a catalyst for territorial integration and regional growth. It emphasizes that EI, through the collection and analysis of strategic information, enables economic players to make informed decisions in a constantly changing environment. Regional integration, on the other hand, fosters cooperation between neighboring countries to stimulate growth and reinforce political and social stability. The articulation between these two concepts is essential, as EI offers tools for understanding regional dynamics, while regional integration creates a framework conducive to exploiting this information. The article also highlights the historical evolution of EI, its fundamental practices, and its impacton corporate competitiveness, emphasizing the need to protect strategic information and manage risks. The latter is illustrated by the case of Morocco, which is asserting itself as a key player on the African scene, promoting strategies of integration andeconomic cooperation across Africa. |
| Abstract: | L'article explore le rôle crucial de l'intelligence économique (IE) en tant que catalyseur de l'intégration territoriale et de la croissance régionale. Il souligne que l'IE, par la collecte et l'analyse d'informations stratégiques, permet aux acteurs économiques de prendre des décisions éclairées dans un environnement en constante évolution. L'intégration régionale, quant à elle, favorise la coopération entre les pays voisins pour stimuler la croissance et renforcer la stabilité politique et sociale. L'articulation entre ces deux concepts est essentielle, car l'IE offre des outils permettant de comprendre les dynamiques régionales, tandis que l'intégration régionale crée un cadre propice à l'exploitation de ces informations. L'article met également en lumière l'évolution historique de l'IE, ses pratiques fondamentales, et son impact sur la compétitivité des entreprises, en insistant sur la nécessité de protéger les informations stratégiques et de gérer les risques. Ce dernier, il évoque le cas du Maroc, qui s'affirme comme un acteur clé sur la scène africaine, en promouvant des stratégies d'intégration et de coopération économique à travers l'Afrique |
| Keywords: | Economic Intelligence, Regional Integration, Territory, Strategy, African Continent., Intelligence Economique, Intégration Régionale, Territoire, Stratégie, Continent Africain, African Scientific Journal |
| Date: | 2025–05–03 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05055980 |
| By: | Mohamed Bouaddi (UMI - جامعة مولاي إسماعيل = Université Moulay Ismaïl); Soukaina Cohen (USMBA - Université Sidi Mohamed Ben Abdellah [Fès]); Hafsa Moufakkir (UIT - Université Ibn Tofaïl); Mohammed Beddaa (UMD [Université Mohamed 1er] [Université Mohamed Premier] - Université Mohamed Ier [Oujda, Maroc] = Mohamed I University [Oujda, Morocco] = جامعة محمد الأول (ar)) |
| Abstract: | This study explores the impact of influencer marketing on consumer purchase intentions, specifically within the context of Moroccan Instagram users. As influencer marketing continues to grow globally, understanding how different factors such as credibility, transparency, reactivity, and authenticity of influencers affect consumer behavior is crucial for brands seeking to optimize their marketing strategies. This research addresses the gap in existing literature regarding the influence of these factors on Moroccan consumers, where cultural and behavioral differences may shape consumer responses to marketing campaigns. A quantitative approach was employed, with data collected from 200 Moroccan Instagram users through a structured questionnaire. The results indicate that the four factors: credibility, transparency, responsiveness and authenticity have a positive influence on purchase intention, with authenticity having the strongest impact. These results are in line with previous studies in the global context and provide new information on the influence of these factors on the Moroccan consumer. The study has significant implications for brands and influencers aiming to adapt their marketing campaigns to better resonate with Moroccan consumers, ensuring greater engagement and effectiveness. At the same time, despite its contributions, the study has some limitations, including the sample size and focus on Instagram, which may not fully capture the diversity of consumer behaviour on other platforms. Future research could broaden the scope to include other digital platforms or a wider demographic group to further validate these findings and explore the evolving role of influencer marketing in the Moroccan territory. |
| Abstract: | Cette étude explore l'impact du marketing d'influence sur les intentions d'achat des consommateurs, en particulier dans le contexte des utilisateurs marocains d'Instagram. Alors que le marketingd'influence continue de croître à l'échelle mondiale, comprendre comment différents facteurs tels que la crédibilité, la transparence, la réactivité et l'authenticité des influenceurs affectent le comportement des consommateurs est crucial pour les marques cherchant à optimiser leurs stratégies marketing. Cette recherche aborde les lacunes de la littérature existante concernant l'influence de ces facteurs sur les consommateurs marocains, où les différences culturelles et comportementales peuvent façonner les réponses des consommateurs aux campagnes de marketing. Une approche quantitative a été utilisée, avec des données collectées auprès de 200 utilisateurs marocains d'Instagram via un questionnaire structuré. Les résultats indiquent que les quatre facteurs: crédibilité, transparence, réactivité et authenticité influencent positivement l'intention d'achat, l'authenticité ayant l'impact le plus fort. Ces résultats s'alignent sur les études précédentes dans le contexte mondial et fournissent de nouvelles informations sur l'influence de ces facteurs sur le consommateur marocain. L'étude a des implications significatives pour les marques et les influenceurs visant à adapter leurs campagnes marketing pour mieux résonner auprès des consommateurs marocains, garantissant un engagement et une efficacité accrus. Par ailleurs, malgré ses contributions, l'étude présente certaines limites, notamment la taille de l'échantillon et l'accent mis sur Instagram, qui peuvent ne pas saisir pleinement la diversité du comportement des consommateurs sur d'autres plateformes. De futures recherches pourraient élargir la portée pour inclure d'autres plateformes numériques ou un groupe démographique plus large afin de valider davantage ces résultats et d'explorer l'évolution du rôle du marketing d'influence dans le territoire marocain. |
| Keywords: | Influencer marketing, Instagram, purchase intention, credibility, transparency, responsiveness, authenticity, Marketing d’influence, intention d’achat, crédibilité, transparence, réactivité, authenticité |
| Date: | 2025–04–29 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05060287 |
| By: | Mourad Kamhi (ENCGT - École Nationale de Commerce et de Gestion de Tanger); Salahddine My Abdelouhab (ENCGT - École Nationale de Commerce et de Gestion de Tanger) |
| Abstract: | Although the advent of Enterprise Resource Planning (ERP) systems dates back to the end of the 20th century, their adoption by Moroccan public administrations and institutions is still in its embryonic stage. This highlights the relevance of this research, which aims to encourage public leaders across all sectors to adopt these systems. Undoubtedly, ERP systems will have a positive impact on the operations of these institutions by introducing best practices and, consequently, improving the public services offered to citizens. To achieve this, we conducted a case study of the Regional Agricultural Development Office of Souss Massa, with the goal of developing the ideal ERP implementation process. This process not only outlines the phases to follow but also identifies all variables that could influence the success of the implementation. This process is the result of both an in-depth literature review of existing theoretical models and the observation of all phases of an implementation project. This has led to the creation of a process structured around seven phases, which provides clarity on all the ambiguities associated with ERP implementation. |
| Abstract: | Nonobstant que l'avènement des progiciels de gestion ‘‘ERP'' remonte à la fin du 20ème siècle, leur adoption par les administrations et établissements publics marocains est encore dans un état embryonnaire, d'où l'intérêt de cette recherche qui a pour objectif d'inciter les dirigeants publics, tous secteurs confondus, à les adopter. Ces progiciels auront, sans aucun doute, un impact positif sur la façon de faire de ces établissements par le biais de l'introduction des best practices, et par conséquent l'amélioration du service public offert aux citoyens. Pour ce faire, nous avons procédé à l'étude du cas de l'Office Régional de Mise en Valeur Agricole du Souss Massa, en vue de produire le processus idéal d'implémentation de l'ERP qui présente non seulement les phases à suivre mais également toute variable susceptible d'impacter la réussite de cette implémentation. Ce processus est le résultat non seulement d'une revue de littérature approfondie des modèles théoriques existants, mais également de l'observation de toutes les phases d'un projet d'implémentation. Chose qui a donné naissance à un processus qui s'articule autour de sept phases et qui apporte des éclaircissements à toutes les zones d'ombre liées à l'implémentation des ERP. |
| Keywords: | Process, Implementation, Acceptance, ERP, SAP, Processus, Implémentation, Acceptation |
| Date: | 2025–04–29 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05052257 |
| By: | Nadia Ali; Giacomo De Giorgi; Aminur Rahman; Eric Verhoogen |
| Abstract: | Many countries seek to promote exports by subsidizing market access, but evidence on such efforts has been mixed. We present the first randomized evaluation of a government financial-support program explicitly targeting exports, the Tasdir+ program in Tunisia. The program offered matching grants for fixed market-access costs but not variable costs. Tracking outcomes in administrative data, we find positive effects on exports on average. We find limited impacts on the number of destinations or exported products, which were stated policy targets. The finding that the fixed-cost subsidies expanded exports on the intensive margin but not the extensive margins of destinations or products stands in contrast to the predictions of several workhorse trade models. |
| JEL: | F14 O14 |
| Date: | 2025–07 |
| URL: | https://d.repec.org/n?u=RePEc:nbr:nberwo:33985 |
| By: | Ali ZEGGAGH; Serge GARCIA |
| Abstract: | Water scarcity is a major challenge in many Mediterranean countries, where intermittent water supply and inefficient distribution lead to significant economic and social costs. This paper examines the cost structure of drinking water utilities in Algeria, focusing on the impact of water rationing, network inefficiencies and production constraints. Using a translog cost function estimated with a Cluster-Robust Correlated Random Effects Instrumental Variable (CRE-IV) approach, we analyse the determinants of variable costs and assess network economies such as economies of density and scale, as well as trade-offs in water supply management. Our results indicate the presence of economies of scale in both water production and distribution, with cost elasticities of 0.7415 for production capacity and 0.7904 for distributed volume, suggesting that expanding service coverage can reduce average costs. However, we find strong cost complementarities between water losses and distributed volume, suggesting that utilities often prioritise increasing supply over network maintenance. Furthermore, the interaction between (possibly reduced) service hours and production capacity shows a significant positive effect on marginal costs due to the water availability constraint, highlighting the economic burden of continuous water supply in a context of resource scarcity. By estimating the shadow price of water in situ, we quantify the opportunity cost of water abstraction, and find a value of 18.59 DZD/m3, compared to the estimated marginal cost of 5.77 DZD/m3. This reflects the problem of water scarcity and the inefficiency of current supply strategies. Our findings underscore the need for better resource allocation policies that emphasise network rehabilitation, demand-side management and cost-reflective pricing mechanisms, hence providing important insights for policy makers seeking to improve the efficiency and sustainability of water supply systems in water-stressed regions. |
| Keywords: | Drinking water distribution, water supply interruptions, water scarcity, water losses, cost function, shadow price of water. |
| JEL: | C23 C26 D24 L95 Q25 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:ulp:sbbeta:2025-19 |
| By: | Behbehani, Mariam |
| Abstract: | Infertility, which requires couples to rely on assisted reproductive medicine to conceive, weighs heavily on their minds, financial security, and life stability. The objective of this study is to assess the financial and socioeconomic burdens experienced by infertility patients in Kuwait. A population-based survey is conducted to examine the extent of out-of-pocket payments for treatments, and their impact on female professional performance. The sample covers couples undergoing or having undergone infertility treatments during the period 2018–2024 in Kuwait. Although the high financial costs of the standard interventions are similar among high-income countries, the current subsidisation and regulation policies in Kuwait are worsening the conditions of couples with prolonged fertility issues. The study suggests the establishment of an authority to support couples in their fertility care-seeking journey, in addition to facilitating treatment-related regulations at workplaces to protect women from penalties due to change in work patterns during treatment. |
| JEL: | N0 |
| Date: | 2025–06 |
| URL: | https://d.repec.org/n?u=RePEc:ehl:lserod:128617 |
| By: | Busato, Francesco; Cisco, Gianluigi; De Simone, Marco; Marzano, Elisabetta |
| Abstract: | Climate change has led to an increase in extreme weather events, causing significant challenges for macroeconomic stability and monetary policy, particularly in small open economies (SOEs). This paper investigates the optimal monetary policy response to weather shocks in an SOE framework, using a Dynamic Stochastic General Equilibrium (DSGE) model calibrated for Turkey. The model includes sectoral price rigidities, trade openness, and climate-related productivity shocks affecting agricultural output. We evaluate alternative monetary policy rules, including those that target aggregate inflation, sector-specific inflation, and output stabilization. Our findings suggest that an aggressive monetary policy response to agricultural inflation mitigates short-term economic disruptions and accelerates recovery, albeit at the cost of a deeper initial contraction. The Ramsey-optimal policy prioritizes inflation stability while minimizing the long-term persistence of weather-induced output losses. Our results offer insights into the role of monetary policy in addressing climate-induced economic fluctuations in SOEs, highlighting the importance of tailored monetary policies that account for sectoral heterogeneities. |
| Keywords: | Agricultural output, Weather shocks, Dynamic Stochastic General Equilibrium Model |
| JEL: | E32 Q51 Q54 |
| Date: | 2025–03–17 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:125175 |
| By: | Imad Talhartit (Université Hassan 1er [Settat], Ecole Nationale de Commerce et Gestion - Settat, Laboratory of Finance, Audit and Organizational Governance Research); Sanae Ait Jillali (Université Hassan 1er [Settat], Ecole Nationale de Commerce et Gestion - Settat); Mounime El Kabbouri |
| Abstract: | Capital markets play a fundamental role in the economy by facilitating the flow of funds between investors with capital surpluses and those with financing needs. However, these markets' inherent complexity and high volatility-amplified by economic crises and geopolitical events-make decision-making particularly challenging. In this context, artificial intelligence (AI), especially machine learning (ML) and deep learning (DL), has become increasingly relevant for modeling complex financial time series such as stock prices. Among various learning approaches, Long Short-Term Memory (LSTM) networks stand out for their ability to capture long-term dependencies in sequential data. This study compares the predictive performance of LSTM and Artificial Neural Networks (ANN) models, on ten stocks comprising the MADEX index of the Casablanca Stock Exchange, across three forecasting horizons (10, 20, and 30 days). Results demonstrate that the LSTM model consistently outperforms the ANN model in terms of accuracy and trend detection. For instance, over a 30-day horizon, the LSTM correctly predicted 8 out of 10 stocks, compared to only 4 for the ANN. This work is part of a broader research effort aimed at identifying the most effective model for stock price forecasting. Building on the results of this and previous studies, particularly those involving LSTM models optimized using genetic algorithms, future research will explore other models such as Gated Recurrent Units (GRU) and Support Vector Machines (SVM) to further enhance prediction accuracy and robustness. |
| Keywords: | Stock price forecasting, Casablanca Stock Exchange, Long Short-Term Memory (LSTM), Artificial Neural Networks (ANN), Prediction accuracy |
| Date: | 2025–05–09 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05063012 |
| By: | Fouad Annaki (USMBA - Université Sidi Mohamed Ben Abdellah [Fès]); Abdellah Nouib; Saadeddine Igamane (USMBA - Université Sidi Mohamed Ben Abdellah [Fès]) |
| Abstract: | What explains the differences in entrepreneurial success among individuals? In an effort to answer this question, numerous initiatives have sought to identify and evaluate the factors shaping such success. These initiatives have primarily focused either on the entrepreneur, examining personal traits, human capital, motivation, and social skills, or on external factors such as support structures, environmental context, and social capital. In this regard, entrepreneurship research has highlighted that entrepreneurs' social skills influence the development of their social capital and, subsequently, their entrepreneurial success. The objective of our study is to contribute to the existing literature on social skills and social capital in the field of entrepreneurship by examining the role of entrepreneurs' social skills and social capital in their entrepreneurial success. To achieve this, we conducted a qualitative survey among a sample of ten entrepreneurs from the FèsMeknès region. This investigation allowed us to reassess the most relevant categories of socio-relational abilities that play a key role in leveraging favorable social capital and, consequently, increase the chances of entrepreneurial success. |
| Abstract: | Qu'est-ce qui explique les différences de réussite entrepreneuriale entre les individus ? Dans le but de répondre à cette question, de nombreuses initiatives ont cherché à identifier et évaluer les facteurs qui façonnent cette réussite. Ces initiatives se sont principalement concentrées soit sur l'entrepreneur lui-même, en scrutant ses traits de personnalité, son capital humain, sa motivation et ses compétences sociales, soit sur des facteurs externes tels que les structures de soutien, le contexte environnemental et le capital social. Dans cette optique, la recherche en entrepreneuriat a révélé que les compétences sociales des entrepreneurs exercent une influence sur le développement de leur capital social et leur réussite entrepreneuriale subséquente. L'objectif de notre étude est de contribuer à la littérature existante sur les compétences sociales et le capital social dans le domaine de l'entrepreneuriat en examinant le rôle des compétences sociales et du capital social de l'entrepreneur dans sa réussite entrepreneuriale. Pour ce faire, nous avons mené une enquête qualitative auprès d'un échantillon de dix entrepreneurs de la région de Fès-Meknès. Cette enquête nous a permis de réévaluer les catégories les plus pertinentes d'aptitudes socio-relationnelles qui jouent un rôle clé dans l'exploitation d'un capital social favorable et augmentent ainsi les chances de réussite entrepreneuriale. |
| Keywords: | Capital social, Compétences sociales, Réussite entrepreneuriale, Entrepreneurs, Facteurs individuels et contextuels, Régions Fès-Meknès |
| Date: | 2025–05–31 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05094233 |
| By: | Nadir ALTINOK; Claude DIEBOLT |
| Abstract: | Türkiye experienced rapid growth in completion rates in both primary and secondary education over the last two decades. The completion rate at the secondary level increased from less than 60% in 2000 to almost 90% in 2023. We question to what extent this school expansion has impacted the quality of education in Türkiye. To do this, we use a new database of schooling quality from Altinok and Diebolt (Cliometrica, 2024) that provides comparable data from 1970 to 2020 for more than 130 countries around the world. In addition to this quality dimension, we also explore equity issues. In order to provide a macro analysis, we use a counterfactual approach by comparing the relative performance of Türkiye to the most similar developing countries. While Türkiye is one of the most challenging countries among the OECD members for ensuring access and retention of young people in formal education, we show that the recent democratization of education did not lead to a significant reduction in the quality of its schooling system. On the contrary, in parallel with this expansion of schooling access, Türkiye experienced significant progress on indicators evaluating the quality of education (mainly math and reading scores). However, as in other countries like France and Germany, inequality in access, completion, and skill levels remain high in Türkiye and will likely be among the most pressing education policy challenges in the coming years. |
| Keywords: | PISA, Türkiye, Schooling Quality, Economics of Education, Development, Edumetrics, Cliometrics. |
| JEL: | C8 I2 N3 O1 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:ulp:sbbeta:2025-13 |