The consequences of the socio-economic exclusion of young people from the perspective of inclusive growth

Abstract

Inclusive growth constitutes a new framework, encompassing the economic and social spheres, to encourage the participation of the different categories of society in the creation of wealth, thereby enabling them to benefit from the profits generated, both monetary and non-monetary. The process requires the inclusion of the most disadvantaged populations, notably young people, who carry a very significant weight in the formulation of Moroccan society. The aim of this article is, firstly, to define the concept of inclusive growth, determine its foundations and measures and, secondly, to analyze the impact of exclusion from the perspective of inclusive growth on its relationship with inequality and poverty, and its implications for the situation of young people in Morocco. In order to meet these objectives, an exploratory empirical study was carried out, through the creation of a composite indicator, reflecting the socio-economic situation of young Moroccans with regard to inclusive growth. This indicator is composed of a monetary dimension, represented by growth, and a social dimension, represented by the active population, employment, health and education. Overall, the results show strong initial growth until 2010, reflecting good economic and social performance. From 2011 onwards, it declines, signaling challenges in these areas. In 2016, it reaches its lowest level, followed by a slight improvement until 2020, despite a general trend towards stagnation. These fluctuations indicate insufficient efforts to reverse the downward trend in economic and social inclusiveness.

Keywords: Exclusion, Youth, Inequality, Poverty, Inclusive growth.

Classification JEL : O1, O3, P2.

Paper type: Empirical Research