Due to the extensive timeframes and the transfer of risk towards the preferred special purpose vehicle, there is more value at stake in public-private partnership projects in relation to traditional public procurement projects. The contractual complexity and the high bidding cost are open...

This paper examines the opportunity of exchange rate regime flexibilization in Morocco under the policy of capital account liberalization. Basing on our findings in Ezzahid and Maouhoub (2014), we develop a new theoretical game model with four economic agents, namely: monetary authorities,...