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<front>
<journal-meta>
<journal-id journal-id-type="publisher">global-journal-of-management-and-business-research-b-economic-commerce</journal-id>
<journal-title-group>
<journal-title>Global Journal of Management and Business Research - B: Economic &amp; Commerce</journal-title>
</journal-title-group>
<issn publication-format="print">0975-5853</issn>
<issn publication-format="electronic">2249-4588</issn>
<publisher><publisher-name>Global Journals Publishing Group Incorporated</publisher-name></publisher>
<self-uri xlink:href="https://globaljournals.org/journal-seo-export/jats/56934.xml" />
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<article-meta>
<article-id pub-id-type="publisher-id">56934</article-id>
<title-group>
<article-title>Les Pre-Requis A La Mise En Place Dâ€™une Politique De Ciblage Dâ€™inflation Au Maroc</article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author"><name><surname>Khattab</surname><given-names>Younes El</given-names></name><xref ref-type="aff" rid="aff1" />
</contrib>
<contrib contrib-type="author"><name><surname>Moudine</surname><given-names>Chourouk</given-names></name></contrib>
</contrib-group>
<aff id="aff1">MOROCCO</aff>
<pub-date publication-format="electronic" date-type="pub" iso-8601-date="2019-01-15">
<day>15</day>
<month>01</month>
<year>2019</year>
</pub-date>
<volume>19</volume>
<issue>B1</issue>
<fpage>49</fpage>
<lpage>68</lpage>
<abstract><p>Abstract not found</p></abstract>
<kwd-group kwd-group-type="author-generated">
<kwd>monetary policy</kwd>
<kwd>inflation targeting</kwd>
<kwd>central bank</kwd>
<kwd>transparency</kwd>
<kwd>independence</kwd>
<kwd>credibility</kwd>
<kwd>flexible exchange rate regime.</kwd>
</kwd-group>
<self-uri content-type="pdf" xlink:href="https://globaljournals.org/GJMBR_Volume19/6-Les-Pre-Requis-A-La-Mise.pdf" />
<self-uri content-type="html" xlink:href="https://globaljournals.org/scholarly-articles/les-pre-requis-a-la-mise-en-place-dune-politique-de-ciblage-dinflation-au-maroc/" />
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<title>Full Text</title>
<p>Faced with the failure of monetary policies inspired by Keynesian and monetarist thinking, a new pragmatic regime emerged in 1989, called inflation targeting. The new regime was able to bypass inflationary slippages in a short time, while promoting growth and employment, prompting central banks in some developed and emerging countries to adopt it and abandon previous monetary regimes. The adoption of inflation targeting requires, however, the verification of a set of pre-requisites. Morocco, like other countries, has failed in its monetary policy, since price stability has been ensured by the support of the State Budget, to certain products for consumption (Compensation Fund). With the increased partial decompensation, and in the event of a possible rise in commodity prices, inflation could reach very high levels. Therefore, Bank Al-Maghrib will be forced to revise its monetary policy to adopt the inflation targeting, as recommended by the IMF, but the verification of its prerequisites is necessary.</p>
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</article>