Suriname Sector Competitiveness Analysis : Identifying Opportunities and Constraints to Investment and Diversification in the Agribusiness and Extractives Sectors
Suriname is a small economy driven by its abundant natural resources. As the commodity boom ended in recent years, however, the economy began to contract, reflecting Suriname’s dependence on the extractives sector. The Government of Suriname redist...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/928391488539939667/Suriname-sector-competitiveness-analysis-identifying-opportunities-and-constraints-to-investment-and-diversification-in-the-agribusiness-and-extractives-sectors http://hdl.handle.net/10986/26205 |
| Summary: | Suriname is a small economy driven by
its abundant natural resources. As the commodity boom ended
in recent years, however, the economy began to contract,
reflecting Suriname’s dependence on the extractives sector.
The Government of Suriname redistributes revenue earned from
gold, oil, and bauxite through significant public sector
employment. This report seeks to inform the Government of
Suriname about strategies to diversify the economy, with a
focus on increasing private investment and removing
constraints to competitiveness in agriculture and
extractives. This report provides policy recommendations to
guide the Government of Suriname in its efforts to create an
enabling environment that facilitates new investment and
increased competitiveness in agriculture and extractives.
This report presents the findings of an agribusiness sector
scan to identify subsectors with high potential for
investment attraction. This report analyzes the enabling
environment for the extractives sector to identify options
to attract new investment while at the same time better
governing the extractive industries to achieve more positive
and sustainable benefits for the economy and people of Suriname. |
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