September 29, 2007
Regarding Maghreb & Bread
Riots that is, an interesting exchange on recent disturbances in Morocco over basic staples rising prices (in French, sorry monolinguals and non-Francophones, go bloody use a substandard online translator).
Real reform, not make up...a good comment made by EcoMaroc (the blog). Important.
Meanwhile, online I read that Abbas el Fassi, mediocrity en chef is talking about ditching the Jettou government's budgetary rectitude for "investment" (i.e. likely senseless wasting of the ratepayer's money on corrupt schemes, and raising more funds domestically, crowding out of course productive investment).
Posted by The Lounsbury at September 29, 2007 07:24 PM
Filed Under: Economic Development
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Sometimes, when hearing the word "reform", one hears in it the reform one desires even though that reform is quite different from the one the speaker meant. I'm not sure EcoMaroc means liberalisation. You've read him longer than I have and you're more familiar with MOrocco than I but he does say things like:
"La question n'est pas s'il faut agir ou pas, mais plutôt est-ce que ces décisions coûteuses auront une chance de régler ces problèmes?"
If non-intervention isn't even on the radar screen, that doesn't augur well.
He doesn't say what he wants apart from reform, a long term vision, concertation (a Commie coudl say the same). He talks about applying the good laws already on the books, do you know what he's referring to?
Does the Conseil de concurrence only act against monopolies/cartels or is it an Orwellianly-named ministry which is there to prevent any significant price change that would result from supply/demand changes?
"si elles se font sans concertation avec les acteurs économiques"
Concertation? Is corporatism the best that can be hoped for in Arab countries?
In your experience, what proportion of Moroccans would respond to such news with "Yeah, well let the price rise then"?
Posted by: Baal Shem Ra at October 1, 2007 03:01 AM