Morocco Morocco Morocco (; ; ), officially the Kingdom of Morocco (; ), is a country located in the Maghreb of North West Africa with an area of . Its capital is Rabat, the largest city Casablanca. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, bordered to the east by Algeria and to the south by Mauritania. Morocco claims the areas of Ceuta, Melilla and Peñón de Vélez de la Gomera, all of them currently under Spanish jurisdiction. Since the foundation of the first Moroccan state by Idris I in 788 AD, the country
Economic history of Morocco 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 neo-liberal economic reforms. In the 20th century a lot of firms in the Arabic world were run by the government. This was due to the objective to mitigate the influence of foreigners and minorities that frequently ran the firms. Other reasons included the lack of human capital as well as the special characteristics of oil production economies. Regarding the human skills Morocco lagged behind; the years of