The role of judicial security in enhancing investment attractiveness: A Legal and Economic Approach

Abstract

Judicial security, once it is effectively guaranteed on the ground, is one of the key elements that contribute to providing a favourable climate for achieving social and economic development and attracting investment by lifting restrictions on investment, providing all incentives such as tax exemptions, and establishing a specialised judiciary capable of resolving disputes effectively. Indeed, the reputation of countries is now measured by the quality of their judiciary and the impact it has on investors. The more favourable the impression, the more the investor's confidence in the host country increases and becomes a free promoter, attracting other investors and encouraging investment.

Judicial security is an indicator of confidence in the State and its institutions, and strengthening this confidence is a challenge for Morocco, which is working hard to increase it by developing the judiciary and improving its performance to keep pace with the economic and social changes taking place in various societies.