Lahcen Achy - Economic Research Forum (ERF)

Lahcen Achy

Research Fellows

Deputy Director at International Monetary Fund

Areas of Interest:

  • Fiscal policies, Fiscal institutions and Efficiency of Public Investment
  • Labor market issues and informal economy
  • Development and Institutional economics in MENA region
  • Competition issues, Market efficiency and consumer welfare


  • Ph.D., Economics, Université Libre de Bruxelles, 2001
  • M.A., Econometrics, Université Libre de Bruxelles, 1998


  • Deputy Director at International Monetary Fund
  • Senior Economist at International Monetary Fund, Middle East Center for Economics and Finance based in Kuwait since April 2014
  • Senior Associate at the Carnegie Endowment for International Peace – Middle East Center in Beirut from July 2009 to March 2014
  • Full professor of Economics at National Institute of Statistics and Applied Economics (INSEA), Rabat Morocco from December 2004 to June 2009 (Head of the department of Economics and Finance from November 2007 to June 2009)
  • Associate professor of Economics and Finance at National Institute of Statistics and Applied Economics, Rabat Morocco from July 2001 to November 2004
  • Researcher in Economics at the Department of Applied Economics (DULBEA, University of Brussels) from September 1997 to June 2001 (on leave from INSEA)

Latest Publications:

  • Competition Policies and Consumer Welfare in Developing Countries, edited book with Susan Joekes, Edward Elgar, Forthcoming (September 2016)
  • Breakdown of the Authoritarian ‘Social Contract’ and Emergence of New Social Actors, Chapter 23 in the Handbook of the Arab Spring: Rethinking Democratization, Routledge (2015).
  • “Decentralization and Regional Economic Performance in Morocco” joint with Khalid Sekkat, Frontier in Science and Engineering, (October 2014)
  • “Structural transformation and industrial policy in Morocco”, Economic Research Forum working paper (n° 796/2013).

Policy Research Reports

Overlapping Trade Agreements: Status and Challenges for Morocco

Signing multiple trade agreements has become the rule for most countries, and Morocco is no ... read more

Working Papers

Inference of Oligopoly Power with Limited Data: Manufacturing in Morocco

Abstract Researchers’ enthusiasm for estimating industry oligopoly power in developing countries is often not matched with availability ... read more

Working Papers

Understanding Financial Structure of Non-Listed Firms in MENA Panel Data Approach Applied to Moroccan Firms

Abstract The purpose of this paper is to empirically investigate the determinants of financial structure in ... read more

Working Papers

Restructuring and Efficiency in the Manufacturing Sector: A Firm Level Approach Applied to Morocco

Abstract The aim of the present paper is to analyze the impacts of the upgrading policies ... read more


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