Y. Tamsamani, Yasser (2021): Covid-19 et déficit du développement : pour une réponse conjointe au Maroc.
Preview |
PDF
MPRA_paper_105219.pdf Download (471kB) | Preview |
Abstract
The main purpose of this paper is to demonstrate the merits of a joint response to the health crisis emergency and to the development challenges, which involves the establishment of the welfare state in Morocco. Based on the macroeconomic framework provided by the economist M. Kalecki, our analysis will try to ensure the internal coherence of economic policies that meet the requirements of a social state.
Furthermore, three new paths are discussed on how to finance some aspects of this social state. These paths are articulated initially to reestablish the central role of fiscal policy in the development of the country, with the backing of a monetary policy. Additionally, it would have an indirect incentive effect on the banking system to be more involved in the Moroccan economy.
Item Type: | MPRA Paper |
---|---|
Original Title: | Covid-19 et déficit du développement : pour une réponse conjointe au Maroc |
English Title: | Covid-19 and development deficit: for a joint response in Morocco |
Language: | French |
Keywords: | Covid-19, development, social state, fiscal policy, public banking, wealth taxation |
Subjects: | H - Public Economics > H1 - Structure and Scope of Government H - Public Economics > H6 - National Budget, Deficit, and Debt O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development P - Economic Systems > P1 - Capitalist Systems > P16 - Political Economy |
Item ID: | 105219 |
Depositing User: | Dr Yasser Y. Tamsamani |
Date Deposited: | 11 Jan 2021 12:45 |
Last Modified: | 11 Jan 2021 12:45 |
References: | Aglietta, M. et A., Orléan. (2002). La monnaie entre violence et confiance. Paris: Odile Jacob. Arestis, P. (2009). The New Consensus in Macroeconomics: A Critical Appraisal. In Fontana G., Setterfield M. (eds) Macroeconomic Theory and Macroeconomic Pedagogy. Arestis, P. and M. Sawyer. (2008). New consensus macroeconomics and inflation targeting: Keynesian critique. Economia e Sociedade, 17. Atkinson, A. B. (2016). Inégalités. Paris: coll. « Économie humaine », Éditions du Seuil. Blanchard, O. and L. J. Gali. (2007). Real Wage Rigidities and the New Keynesian Model. Journal of Money, Credit and Banking, 39(1). Buiter, W. and J. Tobin. (1976). Long Run Effects of Fiscal and Monetary Policy on Aggregate Demand. in J. Stein (éd.), Monetarism. Conseil Économique, Social et Environnemental. (2014). Cohérence des Politiques Sectorielles et Accords de Libre-Echange : Fondements stratégiques pour un développement soutenu et durable. Auto-Saisine, n°16. Dabla-Norris, E. et P. Wade. (2001). Rent Seeking and Endogenous Income Inequality. IMF Working Paper No.(01/15). Huizinga, H. and L. Laeven. (2019). The Procyclicality of Banking: Evidence from the Euro Area. ECB Working Paper(2288). International Monetary Fund. (2020). Fiscal Monitor : Policies to Support People During the COVID-19 Pandemic. Washington. Kalecki, M. (1968). Trend and Business Cycles Reconsidered. The Economic Journal, 78(310). Kalecki, M. (1971). Selected Essays on the Dynamics of the Capitalist Economy, 1933-1970. Cambridge: Cambridge University Press. Keynes, J. M. (1936). Théorie générale de l’emploi, de l’intérêt et de la monnaie. Chapitre XXIV - Notes finales sur la philosophie sociale à laquelle la théorie générale peut conduire. Paris: Éditions Payot, 1942. Leijonhufvud, A. (2009). Out of the corridor: Keynes and the crisis. Cambridge Journal of Economics(33). Mazzucato, M. and C. R. Penna. (2016). Beyond market failures: the market creating and shaping roles of state investment banks. Journal of Economic Policy Reform, 19(4). Ramaux, C. (2012). L'État social, pour sortir du chaos néolibéral. Paris: Fayard/Mille et une nuits, coll. « Essais ». Tamsamani, Y. Y. (2017). L’évolution des dépenses de santé au Maroc : une analyse des déterminants démographiques et macro-économiques. MPRA paper(83996). Tamsamani, Y. Y., J. Brunet-Jailly, A. Komat et F. Mourji. (2019). Pour un modèle alternatif de développement du Maroc. RéfÉco Working Paper(01). Récupéré sur http://refeco.org/pour-un-modele-alternatif-de-developpement-du-maroc/ Thirlwall, A. P. (1979). The Balance of Payments Constraint as an Explanation of International Growth Rate Differences Banca Nazionale del Lavoro Quarterly Review, 32(128). Thirlwall, A. P. (2012). Balance of Payments Constrained Growth Models: History and Overview. PSL Quarterly Review, 64(259). Woodford, M. (2003). Interest and Prices: Foundations of a Theory of Monetary Policy. Princton University Press. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/105219 |