Advantages Of Gross Saving In Morocco

It is located at 32. 00o North and 5. 00o West. Its bordering countries are Algeria, Spain and the Western Sahara and the bordering bodies of water are the North Atlantic and the Mediterranean Sea. It is slightly larger than California, stretching an outstanding 172, 4142 miles across the Northern tip of Africa. To fill in that amazing size the country has more than 34,817,065 people living in the major urban cities such as Casablanca. Casablanca, with a population of 3.36 million people living their, is the most important city in Morocco because it is a port city. There are also 50 more urban cities in Morocco. As a matter of fact, the government invested over 9 million dollars in creating infrastructure and better urbanising their country. The lowest point in this country is Sebkha-Tah, which sits in the Kufrah Basin. This area is 180 feet below sea level. The highest point is Jebel Toubkal which towers over the country at 13,664 feet. This point sits in the Atlas Mts. Much of the South-East is covered by the Sahara Desert, the biggest desert in the world. The Atlas and Rif valleys are again a very important part of the Moroccan culture. The Rif Mountain Range runs parallel to the Mediterranean Sea. There are also many rivers in Morocco that are not used for navigating, but for power and irrigation. The main river Moulouya, which drains into the Mediterranean sea and is dammed by the Hassan II and Mohamed V,

The GNP measures the market value of all final goods and services produced by a country’s citizens or residents and the National Income records the level of activity in accounts such as total revenues earned by domestic corporations and so forth.

The impact of savings rate in an economic has become a very conflicting issue in research and among economist all over the world. This may be due to the importance of savings generally to the economic growth and development of any nation. However, the structure of every economy cannot be generalised by a particular economics’ variation because various countries have different social security and pension schemes, and different tax systems, all of which have an effect on disposable income. In addition, the age of a country’s population, the availability and ease of credit, the overall wealth, and cultural and social factors within a country all affect savings rates within a particular country. Therefore,

Federal gasoline tax debate has been on continuous lose ends in the economy and American society as a whole. The debate on the plans to reduce harmful emission is one of the main issues for an increase in the tax on gasoline. The government of United States also aims at reduction in fuel imports to decrease the deficit. Most people in the American fraternity believed that increase in the gasoline tax would result that the negative effects would reduce, (Ferrero, Giosuè & Balducci, 33).

Tourism is a very significant factor to Morocco’s economy, as foreign direct investments total over 30 billion Euros in the past ten years. In fact, in 2009, Morocco was the only Mediterranean country to have increased more than 6% while the world market decreased by 5% (Invest in Morocco). Now, tourism in Morocco serves as 20% of the county’s GDP and has over 10 million visitors. The government sponsors enormous marketing campaigns to advertise Morocco as a cheap and exotic, yet safe, place for European tourists. Hotels, transportation, and tourist attractions all hold relatively low prices. Cheap air services have been established between Algeria and Morocco and excellent road and rail infrastructures link the major cities within the country itself to provide an easier route for all citizens and travelers. As for superstructure, King Mohammed VI has developed a large-scale project to internationalize Morocco. The project is known as “Plan Azur.” According to the government of the Kingdom of Morocco, the plan has a view to create a series of quality hotels, in respect to the principles of sustainable development. Specifically, it is designed to initialize the development of six world-class resorts: Saida in the province of Berkane, Lixus in Larache Province, Mogador in the Essaouira province, Taghazout in the province of Agadir, and White Beach in the province of Guelmim (Ministry of Tourism of Morocco). The plan is also designed to increase the development of new train and road links for tourists to travel among the many cities of Morocco, while making it easy to also reach Spain, France, and neighboring African countries, because most tourists come from the European countries. In fact, a growing number of Europeans are actually buying real estate in Morocco, now, due to the new plan and the higher sustainability projects. Unfortunately, tourism in Morocco has led to the undermining of Moroccan

This research paper will shed light upon the global economic crisis of 2008, which lasted till 2009. While discussing the global economic crisis of 2008, this paper will highlight some important aspects including what exactly caused the global economic recession of 2008, how it is associated with the recession that took place in 1930, how Saudi Arabia dealt with the global recession (2008) specifically and the impact of this recession on the economy of Saudi Arabia. Furthermore, it will discuss how the whole world dealt with the global recession, whether it was working collectively or individually and what alternative development strategies can Saudi Arabia pursue, while focusing mainly on Prince Mohammed bin Salman’s Saudi Vision 2030 and

In an age when taxpayers and their advisers clamour for simplicity, these rules seem to be ever more complex with tax rates, exemptions, reliefs, and incentives thrown in every year with apparent gay abandon.

The acronym GDP stands for gross domestic product. The GDP measures two things at once: the total income of everyone in the economy and the total expenditure on the economy 's output of goods and services. GDP can perform the trick of measuring both total income and total expenditure because these two things are really the same. For an economy as a whole, income must equal expenditure, N.G. Mankiw. (2015).

During the economic downturn, nearly half of the government spending was focused on fuel subsidies (25%) and payments to service the debt 25%. Regime leaders in the

Islam has provided guidelines for every aspect in our lives. Healthy economy is base for happy and satisfied society so Islam has set some standards and rules. All these rules shell prevent injustice and keep satisfaction of all society. Islam does recognize money as important element in

All the same, the journey to an optimum and stable economy has not been a seamless transition for Tunisia. There have been various geo-political incidences that almost destabilized the Tunisian economy (Naccache, 40). Conflicts and tension in Libya caused the trade viability of Tunisia to decrease in 2009. The unrest also had significant implications on some aspects of the Tunisian economy, such as tourism. Tourism is a big source of revenue for Tunisia; hence, anything that threatens the safety of tourists is bound to have far-reaching consequences for the country’s economy. In 2009, the GDP of Tunisia dropped by more than 5% due to political tension in the region (CIA). Despite the seeming improvement in the Tunisian economic conditions,

Saving refers to the income of a household, firm or government that is not spent but set aside for future consumption or investment. It is vital to an economy because it provides finance for capital

Morocco is a constitutional monarchy that has an elected parliament. The current king of morocco is Mohammed VI. The King has a lot of executive and legislative powers that overrules religious matters, foreign-policy, and military. The government consists of three main branches the executive, legislator, and judiciary. The country’s chief executive body is the cabinet of

Figure (7) may work as another evidence of the inability of Egyptian tax system to mobilize domestic savings, as it shows that while domestic private savings, as a percent of GDP, was fluctuating around a downward sloping trend, marginal tax rate was fluctuating around a relatively horizontal trend which indicates that marginal tax rate has no or insignificant power over stimulating domestic private savings.

The Kingdom of Morocco is a country located on the north west coast of Africa bordered by the Atlantic Ocean to the west, the Mediterranean Sea to the north, Algeria to the east, and the Western Sahara desert to the south. Morocco is comparable to California in terms of size and population, Morocco is about 172,000 square miles in size, so just a bit bigger than the state of California and has a population over 33 million, just a few million under the population of California. Over sixty percent of Morocco 's population lives in urban areas, Casablanca, the largest and most famous city in Morocco has a population of more than three and a half million people while Rabat, the capital, is home to about two million people. The official language of the country is Arabic, although there are Berber dialects spoken by the Berber people, and French and Spanish are also common because of Morocco 's history and proximity to Europe. The most prominent religion in Morocco is Islam, about ninety nine percent of the people are Sunni Muslims and the other one percent are Christian and Jewish minorities. Morocco 's form of government is a constitutional monarchy that was formed by Sultan Mohammad V after Morocco gained independence from France in 1956. Today Morocco is experiencing a growing economy with a real GDP increase of 4.5% in 2015 and is listed as the 114th country out of 169 on the human development index for 2016 and classified as medium human development. Morocco 's economic