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Full-Text Articles in Law and Economics

Revisiting The Concept Of Working Capital Requirements, Najib Ibn Abdeljalil Jul 2026

Revisiting The Concept Of Working Capital Requirements, Najib Ibn Abdeljalil

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

This paper revisits the concept of working capital requirements (WCR), emphasizing its critical importance in both short-term financing and investment decisions. The author, Najib Ibn Abdeljalil, argues that covering WCR entirely with short-term resources undermines profitability and increases financial risk, while insufficient stable funding can jeopardize entire projects. Although the necessity of integrating WCR into stable financing is well established, its evaluation—particularly for forecasting purposes—remains challenging. This paper aims to enrich existing evaluation methods by proposing a more economic approach based on the internal knowledge of the firm and its operational characteristics, specifically focusing on the operating WCR of industrial …

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Some Applications Of The Moroccan Input-Output Table (Iot) For 1980, Clive S Gray Jul 2026

Some Applications Of The Moroccan Input-Output Table (Iot) For 1980, Clive S Gray

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

This paper presents operations performed on the most recent Moroccan Input-Output Table (based on 1980 data) to facilitate its use for policy simulations. The author, Clive S. Gray, examines the sectoral cost repercussions of external shocks, such as a 10% increase in imported crude oil prices or in electricity and water tariffs. Additionally, the study evaluates the additional demand for imports and intermediate consumption resulting from 100 million DH increases in final demand across seven aggregated branches of the Moroccan economy. Due to the unavailability of sectoral breakdowns for commercial services, imports, and credit, simplifying assumptions and branch aggregation are …

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The Issue Of Opening The Capital Account And The Goods And Services Account In The Process Of Liberalizing External Transactions, Mohamed El Qorchi Jul 2026

The Issue Of Opening The Capital Account And The Goods And Services Account In The Process Of Liberalizing External Transactions, Mohamed El Qorchi

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

This article examines the theoretical underpinnings and macroeconomic implications of liberalizing external transactions, specifically focusing on the opening of the capital account and the goods and services account. The author, Mohamed El Qorchi, does not take a position for or against liberalization, but rather seeks to draw theoretical lessons and highlight the consequences of implementing such a process. The analysis addresses how economic theory approaches the interactions between macroeconomic variables following liberalization, emphasizing the need to resolve internal distortions in goods and capital markets before pursuing external opening. The study underscores the importance of reducing inflationary financing and establishing sound …

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Presentation On Scientific Activities Related To Environmental Law, Mahjoub El Haiba El Haiba Jul 2026

Presentation On Scientific Activities Related To Environmental Law, Mahjoub El Haiba El Haiba

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Environmental problems have a global character due to the interdependence of biosphere components, yet they also have significant local dimensions. Climate change and the greenhouse effect, which have intensified in recent decades, pose serious threats to biological balance and endanger human, plant, and animal life. While these issues demand global solutions, local responsibility remains crucial, as the causes and impacts vary across regions. This presentation highlights the scientific activities of the Moroccan Association for Environmental Law, which organizes events—such as roundtables on ozone layer protection—aimed at bridging scientific knowledge and legal frameworks to address both global and local environmental challenges …

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The Political, Economic, And Social Situation Of Arab Women: 1975–1985, Mohamed Talal Jul 2026

The Political, Economic, And Social Situation Of Arab Women: 1975–1985, Mohamed Talal

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

This doctoral thesis examines the political, economic, and social status of Arab women between 1975 and 1985, as reflected in the written press. The author, Mohamed Talal, argues that traditional family structures, particularly the patriarchal authority of the father, have historically placed women in a subordinate position. This dynamic, reinforced by social customs and values, extends beyond the household into broader society. The study highlights the voluntary and involuntary forms of dependency that limit women's agency and participation. By analyzing media representations, the research aims to shed light on the structural inequalities and the evolving discourse surrounding Arab women during …

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Monetary Policy Developments In Saudi Arabia Under Economic Planning, Abdelmoula Chourbachi Jul 2026

Monetary Policy Developments In Saudi Arabia Under Economic Planning, Abdelmoula Chourbachi

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Since 1970 (1390 AH), Saudi Arabia has pursued comprehensive economic and social development planning, beginning with its First Five-Year Plan. This approach has emphasized efficient financial resource management and significant attention to the monetary and financial sector. Monetary planning has driven structural changes in the economy, influencing the central bank (SAMA), commercial banks, and lending funds, as well as the instruments of monetary policy. Monetary policy plays a key role in controlling the money supply, managing liquidity, and influencing credit availability and costs. This study analyzes the major transformations in monetary policy during the first three development plans (1970–1985) and …

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Relative And Causal Exemptions In The Marine Insurance Contract, Mokhtar Attar Jul 2026

Relative And Causal Exemptions In The Marine Insurance Contract, Mokhtar Attar

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Maritime navigation, despite its importance, is inherently fraught with risks, including natural perils like storms, shipwreck, grounding, and collision, as well as risks related to the vessel itself. Historically, wooden sailing ships were highly vulnerable to such hazards. With technological advances—steam power, electricity, and nuclear energy—shipbuilding evolved, producing more resilient metal vessels with sophisticated machinery. However, modern ships are not immune to accidents; technical failures in engines or equipment can still lead to significant losses. To mitigate these risks and compensate for maritime damages, marine insurance emerged as a crucial mechanism for protecting cargo and vessels, thereby supporting global maritime …

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Relations Between The Maghreb Countries And The Common European Market In Light Of The Establishment Of The Arab Maghreb Union, Abdelatif Benjelloun Jul 2026

Relations Between The Maghreb Countries And The Common European Market In Light Of The Establishment Of The Arab Maghreb Union, Abdelatif Benjelloun

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Historically, relations between European nations and the Maghreb countries have had a distinct character, rooted in ancient human history. In the modern era, with the creation of the European Community in the 1950s (ECSC in 1951, Treaty of Rome in 1957), Europe was rebuilding after WWII with US aid. At the same time, the Maghreb remained under colonial rule (French, Spanish, Italian). This paper examines the evolving dynamics between the expanding European bloc and the Maghreb states, highlighting the impact of European integration and the subsequent establishment of the Arab Maghreb Union on their mutual relations.

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Toward A More Humane Labor Law, Abdellah Boudahrain Jul 2026

Toward A More Humane Labor Law, Abdellah Boudahrain

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Law in general consists of rules of conduct imposed on individuals to govern human relations; it does not arise from nothing but emanates directly from fundamental choices, varying from one country to another and across a country's own evolutions and regimes. Labor law in particular is the product of a "social context" and a "human reality" of a given period, as much as of economic data and technological development—labor law in a rural society differs from that of an industrial or post-industrial information society. The author questions what can be said of the labor law of an underdeveloped country like …

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Settlement Agreements And Social Law, Azzedine Kettani Jul 2026

Settlement Agreements And Social Law, Azzedine Kettani

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Social litigation increasingly fuels the activity of the courts. Employers tend to feel that judges are growing ever more lenient toward employees and that social trials systematically favor them, while employees, for their part, are dissatisfied with the slowness of proceedings—a slowness that varies from one jurisdiction to another, mirrored by inconsistent case law on compensation for abusive dismissal. To avoid judicial delay and the unpleasant surprises of court decisions, employers have, especially over the past decade, resorted to various devices, the most common being the so-called "negotiated resignation," whereby the employer effectively buys the employee's departure—a practice viewed with …

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Work, Take Pains…, Mohieddine Amzazi Jul 2026

Work, Take Pains…, Mohieddine Amzazi

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Borrowing its title from La Fontaine's well-known fable—and playing on the dual meaning of "peine" as both effort and penal punishment—this contribution invites a broadening of the field of reflection to encompass the labor of prisoners. The author stresses that the penitentiary question must not be excluded from scholarly concern, even though the dominant attitude toward it is one of indifference. This indifference is, first, that of the legislator: prison has scarcely drawn legislative attention since 1930, when limited amendments were made to an already older body of basic legislation. It is also the indifference of public authorities, hesitant to …

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Dismissal In Case Law, Farid El Bacha Jul 2026

Dismissal In Case Law, Farid El Bacha

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

With rare exceptions, the analysis of social jurisdiction has focused on its institutional aspect rather than on its rule-producing, jurisprudential dimension—reflecting a perception that little can be expected of a court integrated into the State and applying outdated law, and the image of a social judge insensitive to the demands of justice and equity, a mere servant of the law preserving the established order. The author argues that this view must be nuanced: it is possible to speak of a creative social jurisprudence, illustrated through the particularly sensitive terrain of dismissal. Examining the judge's real role and freedom in the …

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Historical Foundations And Nature Of Social Protection In Morocco, Faouzi Britel Jul 2026

Historical Foundations And Nature Of Social Protection In Morocco, Faouzi Britel

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Although the term "social security" appeared only late in a legal text—the American Social Security Act of 14 August 1935—the underlying concept is far older. As early as 1794, a convention appeal proclaimed the principle of universal social and retirement protection, asserting the citizen's right to work when able, to education as a child, and to public assistance in infirmity or old age, and calling on the nation to enshrine such rights within an organized democracy. The full consecration of the expression "social security" nonetheless awaited the Universal Declaration of Human Rights of 10 December 1948, which guaranteed security against …

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The Distinctive Features Of Civil Liability In Matters Of Occupational Accidents, Ahmed Mikou Jul 2026

The Distinctive Features Of Civil Liability In Matters Of Occupational Accidents, Ahmed Mikou

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Analyzing the distinctive features of civil liability in occupational accidents first requires clarifying the very terms of the subject. While the notion of civil liability calls for little comment—designating the body of rules obliging the author of harm caused to another to repair that prejudice by compensating the victim—the notion of occupational accident warrants closer attention. In its strict sense, an occupational accident implies a sudden accidental event linked to the performance of work under an employer's authority, during working time and on the workplace. Although this strict meaning better matches the definition, practical and legal usage adopts a broader …

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Elements For A Critical Evaluation Of Moroccan Labor Law, Abdelghani Dhimene Jul 2026

Elements For A Critical Evaluation Of Moroccan Labor Law, Abdelghani Dhimene

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Unlike other branches of private law, labor law is at once pragmatic, realistic, and expansionist. It is pragmatic because it serves as the State's privileged instrument of political and economic action, used to intervene in the labor market and general economic conditions in order to secure the welfare of the most disadvantaged segment of the population, the working class; public authorities thus readily steer the national economy through regulation of apprenticeship, dismissals, and the enterprise, channeling the workforce toward sectors requiring expansion or contraction. It is expansionist because its scope, once confined to industry and manual workers, has progressively extended …

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Law And The Social Field, Rachid Filali Meknassi Jul 2026

Law And The Social Field, Rachid Filali Meknassi

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Social law is arguably the legal discipline that most explicitly refers to society, yet this very designation is doubly misleading—first because of the nature of law's object, and second because of the plurality of meanings carried by the term "social." Jurists consistently stress that "social law" cannot designate a branch of law devoted to studying society, as commercial law studies merchants and commercial acts, since all law is defined by reference to the rules governing relations within society. Likewise, because "social" is commonly opposed to "economic," the term is often misused to denote moral or humanitarian action, evoking organized forms …

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Social Law Since 1956: What Assessment?, Mohamed Larbi Benotmane Jul 2026

Social Law Since 1956: What Assessment?, Mohamed Larbi Benotmane

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Is it possible to draw up an assessment of Moroccan social law since 1956? The author argues that the more fruitful question is not whether such an assessment is possible but how it can validly be established—what elements would make the inventory complete and meaningful. These elements cannot be confined to the strictly legal field; they must be sought in at least three further domains: the economic, the ideological, and that concerning the implementation and results of social policy. Methodologically, a sound assessment of social law must therefore draw simultaneously on legal science, political science, and labor economics. Moving beyond …

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The Craftsman And Labor Legislation: Which Status?, Abdelhak El Khyari Jul 2026

The Craftsman And Labor Legislation: Which Status?, Abdelhak El Khyari

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Craftsmanship occupies a privileged place in Morocco's national economy: with an estimated 800,000 to one million artisans, the sector is the second-largest provider of employment after agriculture and a significant source of foreign currency through exports. Paradoxically, the craftsman holds the most precarious status of all workers—lacking even minimal social protection, occupying a highly ambiguous position under labor legislation, and, in certain branches such as child labor in carpet-making, subjected to exploitation bordering on slavery. This study highlights the manifest failure of public authorities to protect the artisan, whether as an independent worker or as an employee. As an independent …

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Reflections On The Assessment And Reform Of Labor Law, Mohammed Said Bennani Jul 2026

Reflections On The Assessment And Reform Of Labor Law, Mohammed Said Bennani

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

While the judiciary may legitimately be the subject of interpretive scholarly discussion—whether through the reasoning underlying its judgments or in the wider debate carried out in journals, seminars and academic gatherings—the organization by the Faculty of Legal, Economic and Social Sciences of Casablanca of a colloquium on "Social Law: Assessment and Prospects" set out to move beyond purely descriptive papers on existing legislation toward critical, multidisciplinary reflection on labor issues, aiming to contribute positively to the reform of labor law. The author, writing as a defender of the judiciary, reflects on this dual theme of assessment (bilan) and reform. He …

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Social Law Facing The Multi-Structural Nature Of The Labor Market, Jamal Eddine Tebbaa Jul 2026

Social Law Facing The Multi-Structural Nature Of The Labor Market, Jamal Eddine Tebbaa

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

A legal analysis of the foundations of social law in Morocco first requires understanding its social field of application—the employment market. A statistical study of employment, while useful, reveals above all the complexity of situations and statuses of the labor force, reframing the problem of social law in terms of how far legislation can adapt to the multi-structural nature of the labor market. This communication pursues three objectives: to assess the target population covered by current legislation; to identify the labor market's plural structure in order to understand how different legal and social forms of labor mobilization are articulated; and …

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The Question Of Integrating The Occupational Accidents And Diseases Scheme Into Moroccan Social Security: Between Its Advocates And Its Opponents, Ali Ammi Jul 2026

The Question Of Integrating The Occupational Accidents And Diseases Scheme Into Moroccan Social Security: Between Its Advocates And Its Opponents, Ali Ammi

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

This contribution addresses the question of integrating the occupational accidents and diseases scheme into the social security system, examined through the positions of its advocates and opponents. The author clarifies that this does not imply the existence of opposing doctrinal currents within Moroccan social-law scholarship—some calling for integration, others against it—since such currents do not in fact exist. Rather, the issue of merging the occupational accidents and diseases scheme has been raised by a segment of Moroccan legal scholarship for a considerable period, dating back to the early 1970s, and this group continues to call for integration so long as …

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The Legal Status Of The Ship's Captain, Ahmed El Youssfi El Berqi Jul 2026

The Legal Status Of The Ship's Captain, Ahmed El Youssfi El Berqi

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Although the Moroccan Maritime Trade Code devotes numerous provisions to the ship's captain, it offers no definition of the position. Drawing on the various powers set out in these provisions, the captain may be understood as the person who lawfully commands the ship, oversees its technical and administrative management, and exercises the different authorities granted by maritime law and custom. While in earlier times the shipowner was often the one who commanded the vessel, the growing complexity of commercial activity led owners to entrust technical and administrative operation to an experienced seafarer. This study traces the legal status of the …

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The Protection And Compensation Of Workers For Occupational Accidents And Diseases: Between Effectiveness And Social Security, Lhoussine Oulkaid Jul 2026

The Protection And Compensation Of Workers For Occupational Accidents And Diseases: Between Effectiveness And Social Security, Lhoussine Oulkaid

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

The contemporary world shows sustained interest in social security as a direct consequence of the expanding risks that have become an inseparable part of human life, driven first by the introduction of machinery into industrial labor and later into transport. Such risks may threaten the worker's life, diminish their productive capacity, and cause widespread harm, drawing legislators' attention to the protection of workers as the basic building block for achieving development and escaping underdevelopment. Originally, social protection covered industrial injuries arising from workers' contact with unguarded machines and exposure to chemical or mineral substances—producing numerous orphans, widows, and disabled persons—before …

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Labor Councils And Committees: A Contribution To The Study Of Consultative Administration In The Field Of Labor, Mohammed Acharki Jul 2026

Labor Councils And Committees: A Contribution To The Study Of Consultative Administration In The Field Of Labor, Mohammed Acharki

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

In Morocco, the participation of the parties concerned with labor—workers and employers—is not limited to bodies directly competent in employment and related matters; it extends to institutions of general national jurisdiction. Two essential institutions illustrate the scope granted to occupational and labor representation: the first, of a political nature with decision-making authority, is embodied in Parliament; the second, of a socio-economic nature with consultative powers, is reflected in the Supreme Council for National Development and Planning. Drawing on Article 43 of the Constitution of 10 March 1972 and the constitutional involvement of trade unions, professional chambers, political parties and local …

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The Reality Of Collective Agreements And Their Contribution To The Development Of Social (Labor) Law, Abdellatif Khalfi Jul 2026

The Reality Of Collective Agreements And Their Contribution To The Development Of Social (Labor) Law, Abdellatif Khalfi

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

For a long time, employment relations were strictly individual, confined to the link between an employer and each worker separately. This situation did not endure: labor relations evolved toward a collective dimension, bringing together not the employer and a single worker but the employer and the whole body—or at least a group—of employees. Contemporary labor relations thus moved beyond the individual worker–employer relationship to become a relationship between the two factors of production, labor and capital, each increasingly organized within trade union structures that regulate the relationship in place of the individual contract. This article studies the reality of collective …

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The Chamber Of Deliberation Between The Explicit Legal Text And Judicial Reality In Social Matters, Amhamed El Amrani Zantar Jul 2026

The Chamber Of Deliberation Between The Explicit Legal Text And Judicial Reality In Social Matters, Amhamed El Amrani Zantar

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

The historical development of labor law has revealed the distinctive nature of the individual employment relationship, which differs from other individual contracts due to the structural imbalance between its parties and the worker's need for substantial protection. With the rise of social doctrines and theories of economic intervention, the legislator was required to intervene effectively to secure this protection and to address new forms of relationships and disputes unknown to classical private law, giving rise to new principles and institutions. Within this framework, the study examines the role of the chamber of deliberation (chambre du conseil) in social litigation, analyzing …

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Collective Bargaining: Outcomes And Prospects, Abdelaziz El Atiqi Jul 2026

Collective Bargaining: Outcomes And Prospects, Abdelaziz El Atiqi

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

This study examines the concept of collective bargaining and its significance within labor relations. It distinguishes a narrow sense—negotiations and compromises organized to resolve collective disputes—from a broader sense encompassing all forms of structured dialogue between the parties of production or social partners, whether to regulate professional relations, develop labor law, or settle collective conflicts. In this wider meaning, collective bargaining becomes synonymous with social dialogue, the concept underpinning International Labour Organization standards, particularly Convention No. 98 (1949) on the right to organize and collective bargaining, Convention No. 154 (1981) and Recommendation of 1963 on collective negotiations. The article then …

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Proving The Employment Contract Before The Moroccan Judiciary: A Commentary On Two Decisions Of The Supreme Council, Mohammed El Kachbour Jul 2026

Proving The Employment Contract Before The Moroccan Judiciary: A Commentary On Two Decisions Of The Supreme Council, Mohammed El Kachbour

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Although social (labor) law now constitutes an autonomous branch of private law, it continues to draw on many of the principles and techniques of civil law. This article examines how civil legal rules, when applied to the field of employment relations, often lose part of their original civil identity: they are frequently breached or reshaped in ways that serve the working class as the weaker party, and through successive judicial interpretations such rules gradually become exceptions to civil law and firmly rooted principles of social law. The author argues that this very dynamic has shaped the long, slow, and arduous …

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The Role Of The Judiciary In Protecting The Wage Earner, Idriss Fajr Jul 2026

The Role Of The Judiciary In Protecting The Wage Earner, Idriss Fajr

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

Legal rules alone are not sufficient to ensure social order; their effectiveness depends on a judicial apparatus capable of enforcing them. This article examines the judiciary as the ultimate recourse for every vulnerable party whose rights or dignity have been infringed, with particular attention to the wage earner within the employment relationship. It analyzes the precarious situation of workers who are abruptly dismissed by their employer—whether through reclassification of a permanent worker as temporary, dismissal justified by reduced physical capacity following illness or accident, or termination grounded in alleged serious misconduct, which always requires proof. The study further considers dismissals …

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Introductory Report, Redouane El Idrissi Jul 2026

Introductory Report, Redouane El Idrissi

Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management)

No abstract provided.

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