Croissance, Inflation, Emploi, Commerce Exterieur et Dette Publique : Quels Rapports Entretenus au Maroc ?

Abstract

This paper analyzes the relationship between the objectives of economic policy, specifically budgetary ones, namely: growth, the current account of the balance of payments, prices stability (inflation) and full-employment. These four aggregates bring the memory of the magic square theory based on these same goals or, considering the public debt, the magic pentagon. We attempt to synthesize how these aggregates are connected with each other and, thereby, the health of Moroccan economy.