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Event Description

Over twenty-five years Morocco built an automotive and aeronautics export base largely from scratch, expanded renewables, and positioned itself as a bridge between Europe and Africa — while still struggling with low female labor-force participation, weak educational outcomes, and a growth rate that has not delivered the convergence the country hoped for. 
Karim El Aynaoui, former Director of Economics at Bank Al-Maghrib and co-editor of The Oxford Handbook of the Moroccan Economy, joins the Growth Lab for a candid accounting: which industrial policies paid off, which did not and why, and what Morocco’s experience offers other middle-income economies attempting the same climb.
Speaker: Karim El Aynaoui, Executive President of the Policy Center for the New South, Executive Vice-President of Mohammed VI Polytechnic University
Whether attending in person or virtually, please register in advance. Room attendance is permitted for the Harvard community. Lunch will be served. The Zoom session is open to the public.
Speaker Bio: Karim El Aynaoui is Executive President of the Policy Center for the New South. He is also Executive Vice-President of Mohammed VI Polytechnic University and Dean of its Humanities, Economics and Social Sciences Cluster. 
From 2005 to 2012, he worked at the Central Bank of Morocco (Bank Al-Maghrib) as Director of Economics, Statistics, and International Relations. He also created and headed the Research Department and served as a member of the Governor’s Cabinet. Previously, he worked for eight years at the World Bank as an economist for its regional units of the Middle East and North Africa and Africa. 
Karim El Aynaoui has published books and journal articles on macroeconomic issues in developing countries. He has co-authored works on growth and the labor market in Morocco and has recently co-edited a book entitled The Oxford Handbook of the Moroccan Economy. Karim El Aynaoui holds scientific and advisory positions in several institutions. He is currently a member of Malabo Montpellier Panel, the Scientific Committee of The Italian Institute for International Political Studies, the Advisory Committee of The World Bank’s Institute for Economic Development, the Scientific Council of The Moroccan Capital Market Authority, the International Board of Med-Or Italian Foundation, and a global member of The Trilateral Commission. He also serves as advisor to the CEO and Chairman of OCP Group and is a board member of OCP Foundation. 
Karim El Aynaoui holds a PhD in Economics from the University of Bordeaux where he taught courses in Statistics and Economics for three years. He is Commendatore of the Order of Merit of the Italian Republic. 
The Growth Lab’s “Development Talks” is a series of conversations with policymakers and academics working on economic growth and development in countries, regions, states, and cities in the US and around the world. The seminar provides a platform for practitioners and researchers to discuss both economic growth and development and analytical work centered on policy.

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