Morocco Country Risk Assessment Essay Example | Topics and Well Written Essays - 1000 words

Morocco Country Risk Assessment - Essay Example Having been inhabited back in the Paleolithic times, most of the citizens are either Arabs or Berbers with the latter ethnic group forming the bulk of the population. Other ethnic groups that form part of the population include Haratin and Gnaoua. Additionally, the country is inhibited by more that 100,000 foreigners including Spanish and French who have invested in various sectors thus improving the country economic performance. Culturally, Morocco is known for being an ethnically diverse nation based on its hosting various foreigners who come from the East, South and other regions. Some of the key visitors who have contributed to the cultural growth of the country include Carthaginians, Arabs, Phoenicians, Romans, Andalusians, Jews and Vandals among others. Due to the interaction of the various groups in the country, Moroccan literature has continued to experience an expansive growth. For example, western and Middle East literary models have enhanced the growth of poetry and tradit ional Moroccan genres (Yahya 49). Similarly, the country rich cultural values have attracted expatriates academic and social writers such as Paul Bowles and Pierre Loti among others. Infrastructure One of the major factors that make Morocco a good country for investors is the highly developed infrastructure system as compared to other African countries. For instance, the country is served by more that 35, 946 miles and 18,800 miles of primary roads and secondary roads respectively. As a result, the cost of transporting raw materials and finished products within the country is low thus resulting to high profits by the local and foreign investors. Additionally, the government has continued to issues large number of licenses to... This paper stresses that a vital factor that makes Morocco a viable country for investors is the electrical power development. National Office of Electricity is the main government-owned firm that is responsible for providing electricity power in the country. Even though the country has significant oil reserves, most of the power was earlier generated from imported fuels from Saudi Arabia. This report makes a conclusion that Morocco is ruled under the constitutional monarchy with the prime minister holding major powers while the king hold few executive powers including dissolving the parliament. Two major chambers in Morocco parliament are the assembly of councilors and the assembly of representatives. To ensure justice in the country judicial system, the country constitution provides for an independent judiciary. In this way, politicians do not have much impact on the country court system thus reducing the level of corruption in the country. One of the remarkable political initiatives that occurred in 2011 was the drafting of new constitution that brought about major reforms in the country political system. For example, the king was given power to appoint a prime minister from the party with the majority seats in parliament. Similarly, the prime minister was given power to appoint high level diplomats and chief executive officers of the government owned organizations. It is worth noting that the constitutional also gave power to all citizens by ensuring freedom of creation, ideas, thought among others.