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Covid-19 et déficit du développement : pour une réponse conjointe au Maroc
[Covid-19 and development deficit: for a joint response in Morocco]

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  • Y. Tamsamani, Yasser

Abstract

The main purpose of this paper is to demonstrate the merits of a joint response to the health crisis emergency and to the development challenges, which involves the establishment of the welfare state in Morocco. Based on the macroeconomic framework provided by the economist M. Kalecki, our analysis will try to ensure the internal coherence of economic policies that meet the requirements of a social state. Furthermore, three new paths are discussed on how to finance some aspects of this social state. These paths are articulated initially to reestablish the central role of fiscal policy in the development of the country, with the backing of a monetary policy. Additionally, it would have an indirect incentive effect on the banking system to be more involved in the Moroccan economy.

Suggested Citation

  • Y. Tamsamani, Yasser, 2021. "Covid-19 et déficit du développement : pour une réponse conjointe au Maroc [Covid-19 and development deficit: for a joint response in Morocco]," MPRA Paper 105219, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:105219
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    File URL: https://mpra.ub.uni-muenchen.de/105219/1/MPRA_paper_105219.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    Covid-19; development; social state; fiscal policy; public banking; wealth taxation;
    All these keywords.

    JEL classification:

    • H1 - Public Economics - - Structure and Scope of Government
    • H6 - Public Economics - - National Budget, Deficit, and Debt
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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