Despite Positive Developments Over Last Decade, Challenges Remain for Morocco’s Agribusiness
In Morocco, agriculture has long been both the strength and weakness of its economy. The strength is that it has been a growth driver, while the weakness is its high volatility. The sector’s average growth rate fell from 10.6% between 1985 and 1991, to 0.27% between 1991 and 2004. During this period, the volatility of the agricultural sector (deviations of output relative to its average) grew to become
eight times higher than that of the Middle East and North Africa region1.