Mauritania : Restarting the Reform Program

Even though Mauritania's real Gross Domestic Product (GDP) recorded an average growth rate of 4 percent between 2005 and 2009, the country's economic growth remains unstable and vulnerable to external shocks. At the same time, the distrib...

Full description

Bibliographic Details
Main Author: World Bank
Format: Policy Note
Language:English
en_US
Published: Washington, DC 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2010/05/16537269/mauritania-restarting-reform-program-sector-policy-notes
http://hdl.handle.net/10986/12630
id okr-10986-12630
recordtype oai_dc
spelling okr-10986-126302021-04-23T14:03:05Z Mauritania : Restarting the Reform Program World Bank Public insititutions Public finance Civil service SOCIAL SCIENCES :: Social sciences :: Education Employment Professional training Labor regulations Health Water and sanitation Infrastructure Electricity Road transportation Maritime transportation Investment climate Rural development Fisheries Mining Oil Even though Mauritania's real Gross Domestic Product (GDP) recorded an average growth rate of 4 percent between 2005 and 2009, the country's economic growth remains unstable and vulnerable to external shocks. At the same time, the distribution of profits through benefit sharing continues to be very unequal. Since Mauritania's independence in November 28, 1960, it has experienced several periods of political and institutional instability that have strongly hampered its economic and social development. The impact of the recent economic and financial crisis on global demand and particularly on the price of iron and copper in addition to the reduction in oil production highlight the urgent need to identify new income generating sectors other than the traditional exploitation of natural resources. After the presidential elections of July 2009, the government of Mauritania launched a program of reforms aimed at accelerating economic growth by improving the institutional framework to reduce the constraints on private sector development. To encourage the diversification of its production base, Mauritania must address a lack of capacity in the electricity sector. Another significant challenge for the country is upgrading transport infrastructure to improve national competitiveness, including opening up agricultural production areas. The mining sector can increase its contribution to the national economy in a framework of transparency and the good management of the environment while promoting mining exploitation that generates added value and jobs. Finally, although Mauritania is at the embryonic stage of its petroleum experience, the sector remains strategic. 2013-03-11T16:52:16Z 2013-03-11T16:52:16Z 2010-05 http://documents.worldbank.org/curated/en/2010/05/16537269/mauritania-restarting-reform-program-sector-policy-notes http://hdl.handle.net/10986/12630 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Africa Mauritania
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic Public insititutions
Public finance
Civil service
SOCIAL SCIENCES :: Social sciences :: Education
Employment
Professional training
Labor regulations
Health
Water and sanitation
Infrastructure
Electricity
Road transportation
Maritime transportation
Investment climate
Rural development
Fisheries
Mining
Oil
spellingShingle Public insititutions
Public finance
Civil service
SOCIAL SCIENCES :: Social sciences :: Education
Employment
Professional training
Labor regulations
Health
Water and sanitation
Infrastructure
Electricity
Road transportation
Maritime transportation
Investment climate
Rural development
Fisheries
Mining
Oil
World Bank
Mauritania : Restarting the Reform Program
geographic_facet Africa
Mauritania
description Even though Mauritania's real Gross Domestic Product (GDP) recorded an average growth rate of 4 percent between 2005 and 2009, the country's economic growth remains unstable and vulnerable to external shocks. At the same time, the distribution of profits through benefit sharing continues to be very unequal. Since Mauritania's independence in November 28, 1960, it has experienced several periods of political and institutional instability that have strongly hampered its economic and social development. The impact of the recent economic and financial crisis on global demand and particularly on the price of iron and copper in addition to the reduction in oil production highlight the urgent need to identify new income generating sectors other than the traditional exploitation of natural resources. After the presidential elections of July 2009, the government of Mauritania launched a program of reforms aimed at accelerating economic growth by improving the institutional framework to reduce the constraints on private sector development. To encourage the diversification of its production base, Mauritania must address a lack of capacity in the electricity sector. Another significant challenge for the country is upgrading transport infrastructure to improve national competitiveness, including opening up agricultural production areas. The mining sector can increase its contribution to the national economy in a framework of transparency and the good management of the environment while promoting mining exploitation that generates added value and jobs. Finally, although Mauritania is at the embryonic stage of its petroleum experience, the sector remains strategic.
format Economic & Sector Work :: Policy Note
author World Bank
author_facet World Bank
author_sort World Bank
title Mauritania : Restarting the Reform Program
title_short Mauritania : Restarting the Reform Program
title_full Mauritania : Restarting the Reform Program
title_fullStr Mauritania : Restarting the Reform Program
title_full_unstemmed Mauritania : Restarting the Reform Program
title_sort mauritania : restarting the reform program
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2010/05/16537269/mauritania-restarting-reform-program-sector-policy-notes
http://hdl.handle.net/10986/12630
_version_ 1764421881936478208