Revealing the Components of the Intangible Wealth for Morocco
Ahmed Driouchi, Amale Achehboune, Alae Gamar
Abstract
Open-access reader
Ahmed Driouchi, Amale Achehboune, Alae Gamar
Abstract
Open-access reader
Abstract: This paper attempts to reveal the intangible components of wealth that need to be considered for further economic and social policies in Morocco. This objective is achieved through selecting secondary time series data and international indices and regressing the residual intangible wealth as measured by the World Bank method, on different components that are likely to be tested as genuine wealth indicators for Morocco. The attained results are not different from those revealed in previous publications. Governance, Intellectual capital besides Safety and Peace in addition to some cultural features appear to be the main components of the intangible wealth in Morocco. They consequently constitute new directions for economic policy improvements.
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Abstract: This paper attempts to reveal the intangible components of wealth that need to be considered for further economic and social policies in Morocco. This objective is achieved through selecting secondary time series data and international indices and regressing the residual intangible wealth as measured by the World Bank method, on different components that are likely to be tested as genuine wealth indicators for Morocco. The attained results are not different from those revealed in previous publications. Governance, Intellectual capital besides Safety and Peace in addition to some cultural features appear to be the main components of the intangible wealth in Morocco. They consequently constitute new directions for economic policy improvements.
Key concepts: National wealth, Capital (architecture), Corporate governance, Economics, Economic system, Business, Geography, Finance