Jump to ContentJump to Main Navigation
Industrial Policy in the Middle East and North AfricaRethinking the Role of the State$
Users without a subscription are not able to see the full content.

Ahmed Galal

Print publication date: 2008

Print ISBN-13: 9789774160509

Published to Cairo Scholarship Online: September 2011

DOI: 10.5743/cairo/9789774160509.001.0001

Show Summary Details
Page of

PRINTED FROM CAIRO SCHOLARSHIP ONLINE (www.cairo.universitypressscholarship.com). (c) Copyright The American University in Cairo Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CSO for personal use.date: 05 August 2021

An Empirical Analysis of Industrial Policy in Morocco

An Empirical Analysis of Industrial Policy in Morocco

(p.51) Chapter 4 An Empirical Analysis of Industrial Policy in Morocco
Industrial Policy in the Middle East and North Africa

Ahmed Galal

American University in Cairo Press

Two extreme views often seem to have dominated the discussions of the role of the government in socioeconomic development. The first view has been that effective government is not only necessary due to market failure but possibly even sufficient to achieve economic development. The second view is associated with the neoclassical counter-revolution or new orthodoxy school, which has its roots in the thought of Friedrich von Hayek. These two extreme views become clearer when one looks at the particular field of industrial policy in developing countries. From the second point of view, industrial policy elicits very strong reactions, while the first view sees it somehow as the magic bullet for resolving urgent problems of economic growth. The Moroccan state has pursued its policies of picking winners and losers through its credit policy.

Keywords:   role of government, socioeconomic development, neoclassical counter-revolution, orthodoxy, Moroccan state

Cairo Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .