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  Crisis
Policy convergence
  08/01/2010
 
 
 
 
The current crisis, seen from different angles, is a virtuous one. It has unveiled the structural weaknesses of the economic and financial policies of the main developed economies and their impact on the rest of the planet.

This is a result of a ‘fuite en avant' without an effective pilot in the cockpit. To remedy this situation on new bases, the rules of the game and the performance of the main players should be improved. And the objective is the safeguard of progress.

The new globalization context has imposed its logic and constraints. It is increasingly evident that driving alone, in a national framework, is losing its appeal. Even much less attractive is the adoption of divergent policies, sometimes contradictory, source of tension and conflict.

The crisis has given rise to a framework of larger coordination between the countries of the G20. The frequent meetings and consultations between developed and emerging economies have led to a common response to the crisis and the post crisis world.

The international organizations, particularly the World Bank, the IMF and the WTO, have played –for a long time- a major role in this harmonization and upgrading process, mainly thanks to the different financial crises that have shaken many southern countries.

They have imposed the same norms and the same recipes, creating favorable conditions for the forced dynamic of convergence. Globalization is perceived from this angle. It is a synonymous of convergence, despite the new disparities between nations and within nations.

At the national level, Morocco is laying the foundations of a new type of convergence, as part of the implementation of the advanced status which constitutes a new phase in its relations with the European Union. It is an ambitious and realizable roadmap translating this new trajectory.

It provides for a piloting policy, the diversification of stakeholders (the parliament, the economic and social council, the council of regions, etc.) the harmonization of legislations, the participation in certain European institutions and agencies etc.

On this basis, the implementation of this roadmap will give rise to a new model of cooperation-integration grounded on a new premise: the state as a partner. This means that the state is an integral part in the orientation strategies, the bilateral decisions, and the management of problems related to peace and security in the region.

The advanced status can be considered a device intended to accelerate and deepen the process of convergence between Morocco and the EU, and thereby accelerating reforms based on the democratization and the modernization of the economy, society and institutions.

The success of such a project depends on the gradual implementation of this national convergence strategy and on the creation of a body in charge of fighting incoherence and bad turns, and ensuring follow-up and evaluation.

Finally, the convergence brought by globalization and regional convergence do not exclude each other, except that the first imposes itself and the second is a result of free choice, and therefore assumed.
 
  By CMC
 
   
 
   
 
 
     
     
 
 
     
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