| Capitalizing on the Morocco-US Free Trade Agreement: A Road Map for Success Contributor(s): Hufbauer, Gary Clyde (Editor), Brunel, Claire (Editor) |
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ISBN: 0881324337 ISBN-13: 9780881324334 Publisher: Peterson Institute for International Economic OUR PRICE: $25.69 Product Type: Paperback Published: August 2009 Annotation: Morocco continues to struggle with unemployment, faltering levels of competitiveness, and a lack of diversity in its economy. And, despite efforts to improve trade, shortcomings of the US-Morocco Free Trade Agreement (FTA) weaken its intended economic results. This Policy Analysis makes recommendations to capitalize upon underexploited elements of the agreements and ultimately offers a promising direction for new provisions. Precise and thorough, the volume first references other countries' experiences with a US FTA as a basis for retooling aspects of the Moroccan agreement. The study quantitatively and qualitatively analyzes the results of the US-Morocco FTA, compared with the US-FTAs with Chile and Jordan, which are considered a boon to the economy, and assesses how these agreements are applicable to Morocco's unique situation. Based upon the framework of these case studies, the authors suggest reforms that the Moroccan government should use to leverage a successful FTA with the US. |
| Additional Information |
| BISAC Categories: - Business & Economics | International - Economics - Business & Economics | Exports & Imports |
| Dewey: 382.964 |
| LCCN: 2009029063 |
| Series: Policy Analyses in International Economics |
| Physical Information: 0.6" H x 5.9" W x 8.9" (0.85 lbs) 266 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This study assesses the US-Morocco free trade agreement (FTA) and identifies shortcomings in the implementation of the US-Morocco FTA, provide policy recommendations for better leveraging the FTA, and suggest ways for Morocco to take better advantage of its cooperation agreements with the European Union. The study consists of four components. First, the study uses statistical and modeling work to compare the experience of the US-Morocco FTA with the experiences of US FTAs with Chile and Jordan. Second, the study provides a qualitative analysis of the US FTAs with Chile and Jordan to suggest best practices for Morocco to get the most out of its FTA with the United States. Third, the study looks at Morocco's trade agreements with the European Union in order to further guide the implementation of the US-Morocco FTA in light of the successes and failures of EU-Morocco trade relations. Fourth, the study identifies shortcomings in the implementation of the US-Morocco FTA and in EU agreements with Morocco, with a focus on agriculture, textiles, services, and intellectual property. Finally, the study provides recommendations on reforms the Moroccan government could implement in order to take greater advantage of the US FTA and EU agreements, both at the border and behind the border, and considers areas of the US FTA that could benefit from renegotiation, as well as the direction new provisions should take. |