The determining factors of foreign direct investment in Morocco

Using an econometric model, this paper investigates the determining factors of foreign direct investment (FDI) in Morocco from 1960 to 2000. During this period Morocco was one of the most important recipients of FDI inflows in the Middle East and North African. This period is characterized by the adoption of the adjustment plan of 1983 - and the accompanying complementary measures relating a more open and flexible economy - that ushered in a radical change in Moroccan’s strategy of economic development. We use an empirical model using some macro-economic variables, which allows us to obtain a general characterization of FDI in Moroccan economy.