Morocco’s new model economy
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CASABLANCA — In 2023, Morocco crossed a critical threshold when the value of its automobile exports surpassed its revenues from phosphates, the mineral resource that had anchored the country’s economy for at least a century. Defying expectations, a country with no oil, no gas, and no other obvious resource advantages had become the most dynamic automotive hub in the Mediterranean. But this was no miracle. It was something more useful: a case study in economic method. When Morocco gained independ
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