Economic History Of Morocco
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Economic History Of Morocco
The economic history of Morocco has largely been charted by the national government through a series of five-year plans. Centralized planning has gradually given way to moderate privatization and neoliberal economic reforms. Saadi dynasty The institution of '' Tujjar as-Sultan'', in which major Jewish merchants were granted long distance trading privileges, was established in the Saadi period. 18th century Sultan Muhammad III instated the ''maks'' () or ''mukūs'' (), a non-Quranic tax, and opened his kingdom to commerce with Europe. 19th century By mid-century, Morocco was in a monetary crisis caused by the decline in value of its currency. Traditionally, the monetary system in Morocco consisted of a golden ''mithqal'' (), divided into ten ''uqiyyahs'' (), each of which was divided into four '' muzunas'' (), each of which was divided into 48 copper or bronze ''fils'' (). Foreign coins began to flood the Moroccan market, the Makhzen allowed them to be used as legal ten ...
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GDP Per Capita Development Of Morocco
Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the per capita GDP (also called the Mean Standard of Living). GDP definitions are maintained by a number of national and international economic organizations. The Organi ...
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Spanish Peseta
The peseta (, ), * ca, pesseta, was the currency of Spain between 1868 and 2002. Along with the French franc, it was also a ''de facto'' currency used in Andorra (which had no national currency with legal tender). Etymology The name of the currency originally comes from ''peceta'', a Catalan diminutive form of the (Catalan) word ''peça'' (lit. ''piece'', i.e. a coin), not from the Spanish ''peso'' (lit. ''weight''). The word ''peseta'' has been known as early as 1737 to colloquially refer to the coin worth 2 ''reales provincial'' or of a peso. Coins denominated in "pesetas" were briefly issued in 1808 in Barcelona under French occupation; see Catalan peseta. Symbol Traditionally, there was never a single symbol or special character for the Spanish peseta. Common abbreviations were "Pta" (plural: "Pts), "Pt", and "Ptas". A common way of representing amounts of pesetas in print was using superior letters: "Pta" and "Pts". Common Spanish models of mechanical typewrit ...
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Madrid Conference (1880)
The Treaty of Madrid (1880) was a collection of agreements between Morocco, under the rule of Hassan I, and many European powers, to give the powers the ownership of Moroccan lands they had seized, the resources present on these lands, settlement rights and to employ locals on these lands. This treaty served to regulate and make these conquests official in the international community. Summary The treaty consisted of 18 articles: Treaties/agreements signed previously, with Britain, Spain and France, remained in force, with modifications set out in this treaty. Foreign Officials residing in Morocco were given permission to employ Moroccans, and enjoyed 'protection', i.e. freedom from taxation, as did their families, their Moroccan employees and any Consulate employees who were Moroccan. Employees who worked as farmers, servants, interpreters or other menial jobs were not protected, even if they were not Moroccan. Any Foreign Nationals who owned farmed land or were farmers had ...
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Protégé System
The ''protégé'' system () in Morocco in the 19th century allowed people working for foreign consuls and vice-consuls certain privileges and legal protections not available to the rest of the population. At first the status of protégé was available only to Moroccans—Muslims and Jews—but it was extended to Europeans by the 1860s. The ''protégé'' system was a parallel to the capitulatory system in the Ottoman Empire. The Madrid Conference of 1880 was held at the behest of Sultan Hassan I in response to France and Spain's abuse{{clarify, date=November 2021 of the ''protégé'' system. See also * Comprador * Capitulation (treaty) A capitulation (term derived from the Latin word ''caput'') is a treaty or unilateral contract by which a sovereign state relinquishes jurisdiction within its borders over the subjects of a foreign state. As a result, the foreign subjects are im ... * Concession (contract) References History of Morocco Foreign relations of Morocco
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Qaid
Qaid ( ar , قائد ', "commander"; pl. '), also spelled kaid or caïd, is a word meaning "commander" or "leader." It was a title in the Norman kingdom of Sicily, applied to palatine officials and members of the ''curia'', usually to those who were Muslims or converts to Islam. The word entered the Latin language as lat, gaitus or lat, gaytus. Later the word was used in North Africa for the governor of a fortress or the warden of a prison, also in Spain and Portugal in the form with the definite article "alcayde" (Spanish) "alcaide" (Portuguese). It is also used as a male Arabic given name. Notable qaids * Al Qaid Johar (active 950–992), A Slavic general who conquered Maghreb for the Fatimid Imam-Caliph, Al-Mu'izz li-Din Allah; and later served as the Viceroy of the Fatimid State. *Thomas Brun (active 1137–1154), Englishman who served Roger II of Sicily *Ahmed es-Sikeli, known as Caid Peter (active 1160s), eunuch in the court of Sicily, confidant of Margaret of Nava ...
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Sharifism
Sharifism is a term used to describe the system in pre-colonial Morocco in which the ''shurafā —descendants of the Prophet Muhammad (through his grandson Hasan ibn Ali, in the case of Morocco)—held a privileged religious and political position in society. Those who claimed this lineage were regarded as a kind of nobility and were privileged, in the words of Sahar Bazzaz, "as political agents, as interlocutors between various sectors of society, and as would be dynasts of Morocco." They were additionally believed to possess ''baraka'', or blessing power. Claiming this lineage also served to justify authority; the Idrisi dynasty (788-974), the Saadi dynasty (1510-1659), and the 'Alawi dynasty (1631–present) all claimed lineage from Ahl al-Bayt. History The ''shurafā''' surfaced in the Marinid period as a loosely defined group with social and political privilege, gaining political prestige through their involvement in the jihadist resistance to Iberian Catholic invasion ...
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Islamic Taxes
Islamic taxes are taxes sanctioned by Islamic law. They are based on both "the legal status of taxable land" and on "the communal or religious status of the taxpayer". Islamic taxes include *''zakat'' - one of the five pillars of Islam. Only imposed on Muslims, it is generally described as a 2.5% tax on savings to be donated to the Muslim poor and needy. It was a tax collected by the Islamic state. *'' jizya'' - a per capita yearly tax historically levied by Islamic states on certain non-Muslim subjects—dhimmis—permanently residing in Muslim lands under Islamic law, the tax excluded the poor, women, children and the elderly. (see below) *'' kharaj'' - a land tax initially imposed only on non-Muslims but soon after mandated for Muslims as well. *'' ushr'' - a 10% tax on the harvests of irrigated land and 10% tax on harvest from rain-watered land and 5% on Land dependent on well water. The term has also been used for a 10% tax on merchandise imported from states that taxed the ...
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Abdelaziz Of Morocco
''Mawlay'' Abd al-Aziz bin Hassan ( ar, عبد العزيز بن الحسن), born on 24 February 1881 in Marrakesh and died on 10 June 1943 in Tangier, was a sultan of Morocco from 9 June 1894 to 21 August 1908, as a ruler of the 'Alawi dynasty. He was proclaimed sultan at the age of sixteen after the death of his father Hassan I. Mawlay Abd al-Aziz tried to strengthen the central government by implementing a new tax on agriculture and livestock, a measure which was strongly opposed by sections of the society. This in turn led Abd al-Aziz to mortgage the customs revenues and to borrow heavily from the French, which was met with widespread revolt and a revolution that deposed him in 1908 in favor of his brother Abd al-Hafid. Reign Early reign Shortly before his death in 1894 Hassan I designed Mawlay Adb al-Aziz his heir, despite his young age, because his mother was his favorite. His mother is either Lalla Ruqiya or Aisha, the favorite, ...
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Balance Of Trade
The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain time period. Sometimes a distinction is made between a balance of trade for goods versus one for services. The balance of trade measures a flow of exports and imports over a given period of time. The notion of the balance of trade does not mean that exports and imports are "in balance" with each other. If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance. As of 2016, about 60 out of 200 countries have a trade surplus. The notion that bilateral trade deficits are bad in and of themselves is overwhelmingly rejected by trade experts and economists. Explanation The balance of trade forms part of the current account, which includes ...
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Final Good
A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike a intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good, but the parts purchased to manufacture them are intermediate goods. When used in measures of national income and output, the term "final goods" includes only new goods. For example, gross domestic product (GDP) excludes items counted in an earlier year to prevent double counting based on resale of items. In that context, the economic definition of goods also includes what are commonly known as ''services''. Manufactured goods are goods that have been processed in any way. They are distinct from raw materials but include both intermediate goods and final goods. Law There are legal definitions. For example, the United States' Consumer Product Safety Act has an extensive definition of consumer product, which begins: CONSUMER PRODUCT.--The ...
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Military Technology
Military technology is the application of technology for use in warfare. It comprises the kinds of technology that are distinctly military in nature and not civilian in application, usually because they lack useful or legal civilian applications, or are dangerous to use without appropriate military training. The line is porous; military inventions have been brought into civilian use throughout history, with sometimes minor modification if any, and civilian innovations have similarly been put to military use. Military technology is usually researched and developed by scientists and engineers specifically for use in battle by the armed forces. Many new technologies came as a result of the military funding of science. Armament engineering is the design, development, testing and lifecycle management of military weapons and systems. It draws on the knowledge of several traditional engineering disciplines, including mechanical engineering, electrical engineering, mechatronics, el ...
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