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Convergence of public policies: Aligning policies and actors for sustainable financing of Moroccan SMEs—MACTOR analysis

Author

Listed:
  • Abdelghani Koura

    (USMS - Université Sultan Moulay Slimane)

  • Abdeslam Boudhar

    (ENCG Beni Mellal - LAREMO - USMS - Université Sultan Moulay Slimane, USMS - Université Sultan Moulay Slimane)

  • Mohamed Oudgou

    (LAREMO, USMS - Université Sultan Moulay Slimane)

Abstract

SMEs are characterized by a number of flaws that threaten their survival and counteract them from reaching high levels of growth and development. Access to finance is the primary problem facing these companies in the Moroccan context. Aware of the effective and potential impacts of SMEs on the country as a whole, the Moroccan Government through a variety of actors has mobilized its efforts in a number of ways to support this population of companies. This study assesses the extent to which actors within the Moroccan SMEs' financing ecosystem align to support these companies and develop their ability to access external financing. Using the MACTOR model, based on an in-depth contextual analysis and expert interviews, our findings suggest that Morocco's SMEs' financing ecosystem is skewed, with high levels of convergence between its components.

Suggested Citation

  • Abdelghani Koura & Abdeslam Boudhar & Mohamed Oudgou, 2024. "Convergence of public policies: Aligning policies and actors for sustainable financing of Moroccan SMEs—MACTOR analysis," Post-Print hal-04719058, HAL.
    • Handle: RePEc:hal:journl:hal-04719058
    DOI: 10.24294/jipd.v8i10.6590
    Note: View the original document on HAL open archive server: https://hal.science/hal-04719058v1
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