THE IMPACT OF TRADE OPENING ON ECONOMIC GROWTH IN MOROCCO

Abstract

The study analyzes the trade openness impact between Morocco and a group of East Asian countries on the economic growth of the Kingdom. Lately, the world has noticed the emergence of several Asian countries, whose growth has increased sharply in a short time. These countries have aroused the interest of several economists, like effect that openness can have on growth. This study is therefore interested in these two facts; the results are however far from being expected. By using the multiple regression correlation integrating in particular the growth of Gross Domestic Product, capital and labor along with the openness ratio, our results showed that trade openness between Morocco and the Asian countries taken into account can have an unfavorable impact on Morocco's growth. The benefits of trade are therefore not automatic. This result could be explained by Morocco's lack of competitiveness compared to Asian countries, especially China.