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...
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Online Access: | http://documents.worldbank.org/curated/en/2010/05/16537269/mauritania-restarting-reform-program-sector-policy-notes http://hdl.handle.net/10986/12630 |
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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 |