Author: Ministry of Planning
Publisher:
ISBN:
Category :
Languages : en
Pages : 20

Get Book Here

Book Description

Author:
Publisher:
ISBN:
Category : Mauritania
Languages : en
Pages : 20

Get Book Here

Book Description

Author: Weltbank
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description
Mauritania has undergone massive economic and political changes. Mauritania is a West African country located on the western edge of the Sahara desert, with a population of approximately 3 million people that is mostly concentrated in the urban areas. Since independence in the 1960s, Mauritania's economy has been dependent on natural resources, iron ore first then combined with fisheries, and presently oil and other minerals. Natural resources exploitation and more recently oil discovery boosted Mauritania's rate of economic growth, but key challenges remain, in particular the promotion of productive value-adding activities and the creation of a strong, formal class of small and medium-sized enterprises (SMEs). The Government of Mauritania recognizes the strategic role of the private sector and the urgency of supporting SME development as a catalyst for long-term growth. In the Second Poverty Reduction Strategy Paper (GPRSP-II), the Mauritanian authorities indicated that accelerating economic growth will be based on: (i) optimizing spinoff effects from developing the oil business and implementing more effective policies for harnessing the growth potential of other promising sectors; (ii) a thorough reform of the financial system; (iii) significant improvement in the business climate and the development of SMEs; and (iv) giving a greater economic and land-use planning dimension to the infrastructure that supports growth (World Bank, 2006). Furthermore, the authorities identified several priorities to improve the business climate and promotion of SMEs, as follows: (i) improving the legal environment for businesses; (ii) fighting anti-competitive practices; (iii) making tax and customs policies more favorable to business; and (iv) institutional support for the development of trade and commerce. This country economic memorandum (CEM) examines the four most constraining factors to private sector development and proposes the formulation of practical solutions to enable the emergence of a strong class of formal private firms. Specifically, to accelerate growth and to attain the four strategic GPRSP II objectives - (i) optimize spinoff effects; (ii) reform financial system; (iii) improve the business climate and the development of SMEs; and (iv) improve business enabling infrastructure), the CEM analyses the role of taxation to promote firm formalization; skills development to enhance labor productivity; competition policy as a way to address anticompetitive marke...

Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1484381459
Category : Business & Economics
Languages : fr
Pages : 35

Get Book Here

Book Description
This Economic Development Document summarizes Mauritania’s Strategy for Accelerated Growth and Shared Prosperity (SCAPP) for 2016–30. The first five-year phase of the SCAPP will complete projects underway and lay the foundation for a new, politically more peaceful Mauritania, with infrastructure to support growth and encourage development of the country’s natural resources. Steps will be taken to complete the reforms needed to improve the business climate and promote the private sector. In the second five-year period, the economy will be more diversified and competitive, with the real rate of growth averaging about 10 percent a year. The third five-year phase will consolidate Mauritania’s “new look,” and economic growth will exceed 12 percent a year.

Author: Weltbank
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description
The Mauritanian economy is at an important crossroad. Despite significant increases in itsnatural resource wealth, economic development in Mauritania remains weak. The over-reliance on natural resources has left the economy undiversified with growth, exports, and fiscal revenues all dependent on extractives. Responding to the 2015 commodity price shock, the authorities implemented a strong fiscal consolidation program that restored macroeconomic stability andsteered the economy onto a recovery path. The new administration--appointed following the election in mid-2019--now has the challenge and opportunity to map out a more sustainable development model and steer the economy onto a path of accelerated and equitable economic growth for the rapidly growing population. The objective of this report is to support policy makers in Mauritania in their reform efforts to accelerate growth as outlined in the National Development Plan (SCAPP).It attempts to answer the following questions: (i) Why Mauritania could not diversify its economy in the past and what are the opportunities to do so in the future? (ii) What are the reasons behind the weak link between urbanization and growth, and is Nouakchott lifting its weight as anurban agglomeration? (iii) Which policy actions could help build those pathways? By answering these questions, the report aims to contribute to the economic discussion and provide policy recommendations for the choices that Mauritania is facing to accelerate growth and improve theliving standards of its population. The report is organized around five chapters. Chapter 1starts with a brief introduction. Chapter 2 analyzes the key characteristics of Mauritania's past growth performance. Chapter 3 evaluates the current and future potential for economic and export diversification. Chapter 4 examines the challenges that are preventing urbanization from contributing to growth, with a focus on Nouakchott. Chapter 5 concludes by proposing a menu of policy recommendations that could help Mauritania achieve faster and more sustainable economic growth.

Author: Gilad James, PhD
Publisher: Gilad James Mystery School
ISBN: 8429985859
Category :
Languages : en
Pages : 95

Get Book Here

Book Description
Mauritania is a country located in the northwest region of Africa. It is bordered by the Atlantic Ocean to the west, Western Sahara to the north and northwest, Algeria to the northeast, Mali to the east and southeast, and Senegal to the southwest. The country has a population of approximately 4.5 million people and covers an area of 1,030,700 square kilometers. The official language of Mauritania is Arabic, but French is also widely spoken. Islam is the predominant religion, and the country's economy is based on agriculture, fishing, and mining (particularly iron ore). The country has faced political, social, and economic challenges in recent years, including mental and physical slavery, gender inequality, terrorism, and poverty. Despite these challenges, Mauritania has a rich cultural history, with influences from the Berber, Arab, and African cultures. The country is also known for its vibrant music scene, including traditional instruments such as the ardin and tidinit.

Author: INTERNATIONAL MONETARY. FUND
Publisher:
ISBN: 9781484346679
Category : Electronic books
Languages : en
Pages :

Get Book Here

Book Description
Context. The Mauritanian economy is facing a significant negative terms-of-trade shock that is more persistent than initially envisaged. Low iron ore prices have reduced economic growth, export receipts, and net international reserves; widened the fiscal deficit; and increased risks to financial stability. Lower oil prices have, on the contrary, provided some support to the external and fiscal positions. The exchange rate continued appreciating in real term in 2015, moving counter to the terms-of-trade shock. The impact of the shock is compounded by a narrow production base, structural weaknes.

Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1484346300
Category : Business & Economics
Languages : en
Pages : 104

Get Book Here

Book Description
This paper discusses the impact of the global economic slump on the Mauritanian economy, which faces a significant negative terms-of-trade shock that is more persistent than initially envisaged. The impact of the international shock is compounded by a narrow production base, structural weaknesses, and limited policy space related to elevated public debt and pressures on external buffers. The outlook sees a recovery in economic activity to 4.1 percent in 2016, but risks to the outlook are tilted to the downside. The present economic uncertainty has prompted Mauritania to call for an ambitious policy adjustment to diversify the economy and promote inclusive growth for a determined reform agenda.

Author: B. S. Hoyle
Publisher: Springer
ISBN: 1349153621
Category : Technology & Engineering
Languages : en
Pages : 286

Get Book Here

Book Description

Author: James L. A. Webb
Publisher:
ISBN:
Category : Mauritania
Languages : en
Pages : 568

Get Book Here

Book Description