FREE MARKET ECONOMICS IN MOROCCO
(KINGSVILLE, June 20, 1997) -- Three Texas professors spent May teaching free market economics in Rabat, Morocco.
As part of a three-member faculty team (including Dr. Don Bumpass of
Sam Houston State University and Dr. Paul R.
Gowens, Southwest Texas State University.), representing the Texas
International Education Consortium (TIEC), Nash visited
private enterprises, consulted with key business administration faculty
and observed operations at the International Institute of
Higher Education in Morocco (IIHEM).
"The Kingdom of Morocco's economy has experienced great change over
the past decade and has moved toward the free
market," said Nash. "Morocco has liberalized foreign trade and investment
and has made structural changes including
privatization of state enterprises."
Nash said it appears this trend toward privatization will continue with
Morocco's participation in the General Agreement on
Tariffs and Trades (GATT) and the country's negotiations with the European
community to phase in a free trade zone over the
next few years.
"The Moroccan government initially authorized 112 public entities to
be sold to private owners and investors...the government
later included two more firms," said Nash who feels sustaining growth
of private ownership will require individuals who are
well-grounded in free market economics. "This will impact approximately
40 percent of the state portfolio."
While in Morocco, the A&M-Kingsville professor lectured to students
studying intermediate microeconomic theory and
financial management on the American financial system and how the U.S.
market economy functions. Nash also participated in
the presentation of two symposia, entitled "Privatization: Issues,
Problems, and Prospects" and "Education and Development."
The symposia were attended by faculty from IIHEM and Mohammad V University
and by graduate students of IIHEM.
Symposia presenters, in addition to Nash, included Dr. Donald L. Bumpass
of Sam Houston State University and Dr. Paul R.
Gowens, Southwest Texas State University.
The three-year affiliation between TIEC and IIHEM will give Moroccan
faculty direct access to faculty of U.S. universities and
to curricular materials in finance and economics. Likewise, U.S. faculty
will have an opportunity to develop case studies from
the Moroccan experience. Both U.S. and Moroccan faculty will develop
joint research topics that keep both countries'
institutions abreast of subsequent economic developments in Morocco.
In September, two IIHEM professors of applied economics will visit at
A&M-Kingsville to explore new teaching strategies and
to identify instructional and reference materials. The Moroccan professors
will also make contacts at the other TIEC institutions
and meet with private sector economists and professional organizations
in the field of economics.
Nash said the collaborative effort of TIEC and IIHEM will prepare Moroccan
graduates to assume leadership roles in their
country's economic development. It will also enhance social and cultural
awareness of Morocco for faculty and staff from
A&M-Kingsville. Nash said such undertakings fit the mission of
the university to maintain a multicultural educational
environment.
TIEC, incorporated in 1985 to conduct international academic and professional
programs, is comprised of 32 Texas public
universities. The six universities participating with IIHEM include
Texas A&M University-Kingsville, Texas A&M International
University, Texas Southern University, Sam Houston State University,
Southwest Texas State University and the University of
Texas at Arlington.
-TAMUK-- Mary Daniel
Don and Cheryl May 1999 In traditional Moroccan Dress |
Cheryl and Kendall Kellum May 1999 |