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Moroccanization
Moroccanization (, ) was a Moroccan domestic economic policy enacted by King Hassan II Hassan, Hasan, Hassane, Haasana, Hassaan, Asan, Hassun, Hasun, Hassen, Hasson or Hasani may refer to: People *Hassan (given name), Arabic given name and a list of people with that given name *Hassan (surname), Arabic, Jewish, Irish, and Scottis ... on March 3, 1973, in which major segments of the private sector were transferred to Moroccan ownership.' {{History of Morocco The policy had the effect of "transferring to political loyalists and high-ranking military officers state-held assets, agricultural lands, and enterprises that were more than 50 percent foreign owned." Overnight, the portion of industrial enterprises in Morocco that were owned by Moroccans increased from 18% to 55%. In the following period, from 1973 to 1977, the Moroccan economy grew at a rate of 7.3% annually, financed mainly with foreign loans. References History of Morocco Economic history of Morocco Economic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hassan II Of Morocco
Hassan II ( ar, الحسن الثاني, translit=al-Ḥasan aṯ-ṯhānī;), with the prefix "Mulay" before his enthronement 9 July 1929 – 23 July 1999) was the King of Morocco from 1961 until his death in 1999. He was a member of the 'Alawi dynasty. He was the eldest son of Sultan Mohammed V, and his second wife, Lalla Abla bint Tahar. He was the first commander-in-chief of the Royal Armed Forces and was named crown prince in 1957. He was enthroned as king in 1961 following his father's death. Hassan's reign was marked by the start of the Western Sahara conflict and the Sand War. He was also the target of two failed coup d'états that were opposed to the absolute monarchy in Morocco: one in 1971 and the other in 1972. Hassan's conservative rule reportedly strengthened the 'Alawi dynasty's rule over Morocco and Western Sahara. He was accused of authoritarian practices and civil rights abuses, particularly during the Years of Lead. A truth commission was set up after his ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morocco
Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to the east, and the disputed territory of Western Sahara to the south. Mauritania lies to the south of Western Sahara. Morocco also claims the Spanish exclaves of Ceuta, Melilla and Peñón de Vélez de la Gomera, and several small Spanish-controlled islands off its coast. It spans an area of or , with a population of roughly 37 million. Its official and predominant religion is Islam, and the official languages are Arabic and Berber; the Moroccan dialect of Arabic and French are also widely spoken. Moroccan identity and culture is a mix of Arab, Berber, and European cultures. Its capital is Rabat, while its largest city is Casablanca. In a region inhabited since the Paleolithic Era over 300,000 years ago, the first Moroccan s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Growth
Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. Statisticians conventionally measure such growth as the percent rate of increase in the real gross domestic product, or real GDP. Growth is usually calculated in real terms – i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the prices of goods produced. Measurement of economic growth uses national income accounting. Since economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantages and drawbacks of that measure. The economic growth-rates of countries are commonly compared using the ratio of the GDP to population (per-capita income). The "rate of economic growth" refers to the geometric annual rate of growth in GDP between the first and the last year over a period of time. This growth rate represents the trend in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Morocco
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an academic discipline which uses narrative to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Historians often debate which narrative best explains an event, as well as the significance of different causes and effects. Historians also debate the nature of history as an end in itself, as well as its usefulness to give perspective on the problems of the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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