SMEs in Morocco
Publié le 17/05/2020
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I- Introduction
My name is Afifa Tear, and I am an MBA student at Johnson and Wales University.
The main
purpose of this document is to highlight the importance of new policies to improve the
consistency and effectiveness of SMEs assistance in Morocco, which would be beneficial for the
domestic economy development.
II- Overview of the Issue
Strengthening and consolidating the Moroccan economy is primarily acting on Small and
Medium Enterprise, which is the most central component of the Moroccan economic fabric.
This
specificity is not unique in Morocco: around the world, SMEs represent over 95% of companies,
60 to 70% of employment, and the economies of OECD countries (Convention on the
Organization for Economic Co-operation and Development) owe a large portion of their
employment creation.
In the wealthy countries, the SME is associated with innovation,
dynamism and easy adaptation to change and market development, however in countries with
transitional economies, such as Morocco, the most small and medium enterprises are still too
marked by structural weaknesses that prevent them from enjoying the flexibility and strength of
specific adaptation to these small structures.
Moroccan SMEs see indeed their growth strongly inhibited by a fragile financial structure and a
familialistic management mode.
Undercapitalization, lack of financial transparency, weakness of
management structures and internationalization of this business category handicap
entrepreneurial dynamism as well.
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