Includes bibliographical references (p.36).

"Working paper"

Also available online in PDF format.

Currently, the age structure of the Moroccan population is characterized by the predominance of youth aged 15-24. The share of youth in the population grew from about 17 percent in 1971 to a little over 21 percent in 2004. This youth bulge is regarded as one of the main causes of unemployment because the number of jobseekers is increasing much faster than the number of jobs that the economy can create. While this argument may seem legitimate in light of the current economic context, a youth bulge should naturally be considered a demographic gift. By building the human capital of young workers and providing them with opportunities to use their skills, Morocco can increase incomes per capita, bolster savings and improve social welfare...._From the webpage.