Morocco’s Economy: COVID-19 Epidemic made a new development model

Considering the financial dilemma of 2008, the outbreaks of the Arab political spring that brush off the Arab society and extend to the rest of the globe, and the trade war conflicts between the United States and China that caused bilateral impasse negatively influenced on the entire world economy, and after that President Trump quit from all collective and bilateral international agreements That concern free trade cooperation and environmental issues, believing that it will be favored by the world decision, militarily and economically, under the so-called of America’s interest first…

Additionally, to the Brexit scenario, which described the political victory of Trump’s world trends and tendency, before Britain found itself alone outside the European Union in the face of the Corona epidemic, as if it had chosen the bad timing of disunion, all circumstances calling the beginning of the end of globalization announced by the industrial world superpowers, which we have claimed to be an industry for an open market to all nations, and it will bring gains and profits for the wealthy people, and create jobs for the poor. Thus, this globalization is based on unreal beliefs that have become a character for all societies of the globe; to find out in the last tick that this market of globalization has made only for the wealthy and the powerful states, they gain large profits and opportunities, while poor states only get debts and more loans.

In sense of these events and through them, globalization has improved from the exchange of interests and good benefits to the globalization of imposing programmed market strategy and originally determined interests to serve global powers on the rest of the world, which made many third world states struggle to get out of the logic of globalization based on money and the idea of taking profits, so these states tried to raise its financial and commerce status in the world sphere by pointing out the dissatisfaction with the world market and trading policies based on the logic of wealthy states benefit from easy trading policies unless undeveloped countries obliged to stick on world trading and market policies due to getting fewer outcomes.

Yet, as the most significant core in the emerging epidemic of the Coronavirus pandemic is that it created definitely boundaries for stunning globalization that was promoted by the superpowers of the global economy and monetary; the fall of the happy globalization spread by huge manufactured and international firms passed through worldwide advertising links to enlarge consumption, it is the end of the recommendations of global financial organizations; and the end of world integration that glorifies the individual outside the group, the division of society as a market for shopping and consumption, and encourages the entertainment industry at the expense of education, health development and social life, and delusions and promises of social prosperity are given among non-western societies if they relinquish their civic and morality, from those of the purity on which it is based in defense of itself, or joined in a rush through the new cultural pattern that it declared, social progress and freedom for all, and also towards unreal concepts of modernity that serves the interests of global economies and enhance human economic activity.

Here is self-evident to mention that globalization has become evident to everyone that the end of it is on the edge, not because of its interactions between people or the development of advanced technology but it’s a lack of new alternatives and answers that facilitate credible solutions to the third world economies, and also make their economy more profitable. It is true that globalization has been so keen on promoting its economic values of shared interests and uphold world economic interactions over the globe. For instance, recently globalization in the eyes of the Undeveloped countries is the end of rights of future generations in term of looting their Natural resources, revealing the reality that they carry nothing but progress for egress unexpected issues, like environmental imbalances in a catastrophic escalation, the deficiency of energy deepens the disparities between non industrialized countries, more importantly, the inability of public policies to make clear and effective decisions in order to centralize the financial institutions and businesses from their domination of the national decision, and the devotion of social inequality it jeopardizes the integration of democratic societies with the rise of irrational rhetoric discourses and as a pointless and illogical state. Though, All these facts indicate the limited development approach that globalization brought today.

In view of the Moroccan domestic opinion, the emergence of this Corona epidemic was accompanied by a public debate that was taking place among all Moroccans about the development model and social pattern, and it was significant that the public opinion truly expressed a deep awareness of the end of the globalization of the economy and money, and the need to quest for a national alternative made by the collective society, human intelligence and social interact with what is globally based on the basis of shared local experiences and historical data.

Therefore, we fully believe that this Corona COVID-19 outbreak that endangers our country will end no doubt and that will inevitably be defeated. Today, this pandemic make an opportunity for serious and new thinking about our political priorities, to review the economic development reform within our institutions, and reconstruct a new social inquiry that enhanced coordination between local business, national enterprises and upgrades Morocco’s economic-political structure among its community.

Obviously, Corona’s epidemic not only makes us concerned about our public health and the safety of our society, but more than that leads us to be more flexible in dealing with our current situation. Under his Majesty, the King of Morocco Mohamed VI has urged medical personnel from the military forces and public medical doctors to give health assistance and protect local individuals and asked for enhanced cooperation among local forces and the military. Yet, all Moroccan parties have taken adequate measures to prevent the spread of the Coronavirus, including requiring the Moroccan forces to endure the responsibility to make sure of the prevention and control of the epidemic of pneumonia caused by the COVID-19 coronavirus. Overall, a very appreciative step has taken by Morocco government has diminished its counterpart in the world, which accelerates the establishment of a fund to support the poor and needy working people in the informal sectors, to show great awareness of these risks.

To sum up, In certain is that the Coronavirus is not the end of the globe, and this crisis is sure will be passed, and the world and the economy will restore its normal character after the epidemic is resolved, but its settlement is not in the hands of heads of states or governments and not in the hands of economists or financial experts, but in the hands of medical laboratories and is dependent on people’s awareness and is linked to the extent of Solidarity and cooperation between them.

The core of time is to give priority to people (his health and education) at the expense of money and economics because the economy can return to growth again, but the dead cannot return to real life. Our core not only observed the efficiency and productivity of the global economy, but also tested the purity of citizens in every state, and proven the credibility of the global societal values system, and demonstrated the need to create societies in which economic development is connected to the inquiries of social justice and balance of interests, and the meaning and role of the social and economic values system of peoples are estimated. Accordingly, the questions should be raised so far; Will the world justly escape the overwhelming effects of this pandemic coronavirus? Will the world succeed in renewing an economic and financial system that is different from the current one?.

Jamal Laadam
Jamal Laadam
Dr. Jamal Ait Laadam, Specialist in North African and Western Sahara Issue, at Jilin University School of International and Public Affairs (SIPA).