Mauritania - Policy Options to Enhance Private Sector Development : Country Economic Memorandum

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dc.creatorWorld Bank
dc.date2012-03-19T10:23:01Z
dc.date2012-03-19T10:23:01Z
dc.date2010-04-01
dc.date.accessioned2026-07-01T00:51:40Z
dc.descriptionMauritania 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 market conduct; and the options for establishing special economic zones as instruments to close infrastructure gaps and promote investment climate reforms.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20100526010754
dc.identifierhttps://hdl.handle.net/10986/2858
dc.identifierhttps://doi.org/10.1596/2858
dc.identifier.urihttp://hdl.handle.net/123456789/412087
dc.languageEnglish
dc.publisherWorld Bank
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCESS TO FINANCING
dc.subjectACCOUNTING
dc.subjectADMINISTRATIVE PROCEDURES
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectAGRICULTURE
dc.subjectANTI-COMPETITIVE PRACTICES
dc.subjectARABLE LAND
dc.subjectBENEFIT ANALYSIS
dc.subjectBID
dc.subjectBUSINESS CLIMATE
dc.subjectBUSINESS DEVELOPMENT
dc.subjectBUSINESS ENVIRONMENT
dc.subjectBUSINESS ENVIRONMENTS
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL INTENSITY
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL NEEDS
dc.subjectCENTRAL BANK
dc.subjectCOLLUSION
dc.subjectCOMMERCIAL GROUPS
dc.subjectCOMMODITY
dc.subjectCOMMODITY TRADERS
dc.subjectCOMPARATIVE ADVANTAGES
dc.subjectCOMPETITION POLICY
dc.subjectCOMPETITIVE MARKET
dc.subjectCOMPETITIVENESS
dc.subjectCOMPLIANCE COST
dc.subjectCONSUMER GOODS
dc.subjectCONSUMERS
dc.subjectCOST-BENEFIT ANALYSES
dc.subjectCPI
dc.subjectCURRENT ACCOUNT BALANCE
dc.subjectDEMOGRAPHIC
dc.subjectDEPOSITS
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDOMESTIC MARKET
dc.subjectDUAL ECONOMY
dc.subjectECONOMIC ANALYSIS
dc.subjectECONOMIC CONDITIONS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC IMPACT
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC REFORMS
dc.subjectECONOMICS
dc.subjectELECTRICITY
dc.subjectEMPIRICAL ANALYSIS
dc.subjectEMPIRICAL RESEARCH
dc.subjectENABLING ENVIRONMENT
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTAL DEGRADATION
dc.subjectENVIRONMENTAL ISSUES
dc.subjectENVIRONMENTS
dc.subjectEQUIPMENT
dc.subjectEXISTING GOVERNMENT
dc.subjectEXPLOITATION
dc.subjectEXPORTS
dc.subjectFARMS
dc.subjectFEASIBILITY STUDIES
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL STRUCTURES
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL BURDEN
dc.subjectFISCAL POLICY
dc.subjectFISH
dc.subjectFISHERIES
dc.subjectFISHERIES MANAGEMENT
dc.subjectFISHING
dc.subjectFOOD PRICE
dc.subjectFOREIGN COMPANIES
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN TRADE
dc.subjectGDP PER CAPITA
dc.subjectGOVERNMENT INTERVENTION
dc.subjectGOVERNMENT INTERVENTIONS
dc.subjectGOVERNMENT REGULATIONS
dc.subjectGROWTH POTENTIAL
dc.subjectGROWTH RATE
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN DEVELOPMENT
dc.subjectHUMAN RESOURCES
dc.subjectINCOME
dc.subjectINCOME INEQUALITY
dc.subjectINCOME LEVELS
dc.subjectINCOME TAX
dc.subjectINCOMES
dc.subjectINDUSTRIALIZATION
dc.subjectINFLATION
dc.subjectINFORMAL ECONOMY
dc.subjectINFORMATION SYSTEM
dc.subjectINSTRUMENT
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINTERNATIONAL TRANSACTIONS
dc.subjectINVENTORY
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT CLIMATE REFORMS
dc.subjectINVESTMENT OPPORTUNITIES
dc.subjectINVESTMENT POLICY
dc.subjectINVESTMENT STRATEGIES
dc.subjectJOB CREATION
dc.subjectJUDICIAL SYSTEM
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectLABOR PRODUCTIVITY
dc.subjectLACK OF TRANSPARENCY
dc.subjectLAND TITLES
dc.subjectLAW ENFORCEMENT
dc.subjectLEGAL ENVIRONMENT
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL PROTECTION
dc.subjectLEGAL PROVISIONS
dc.subjectLEGAL SYSTEM
dc.subjectLEVIES
dc.subjectLEVY
dc.subjectLOCAL BUSINESS
dc.subjectLOCAL GOVERNMENTS
dc.subjectLOW-INCOME COUNTRY
dc.subjectMACROECONOMIC DATA
dc.subjectMACROECONOMIC PERFORMANCE
dc.subjectMARGINAL BENEFITS
dc.subjectMARGINAL COST
dc.subjectMARGINAL COSTS
dc.subjectMARKET ACCESS
dc.subjectMARKET DISTORTIONS
dc.subjectMARKET SHARE
dc.subjectMARKET SHARES
dc.subjectMARKET SIZE
dc.subjectMARKET STRUCTURE
dc.subjectMARKET STRUCTURES
dc.subjectMARKET SURVEILLANCE
dc.subjectMICRO-ENTERPRISES
dc.subjectMICROCREDIT
dc.subjectMICROENTERPRISES
dc.subjectMINES
dc.subjectMOBILE PHONE
dc.subjectMONOPOLIES
dc.subjectMONOPOLY
dc.subjectNATIONAL BANK
dc.subjectNATIONAL BANKS
dc.subjectNATIONAL INFRASTRUCTURE
dc.subjectNATURAL RESOURCE
dc.subjectNATURAL RESOURCES
dc.subjectNATURAL RESOURCES EXPLOITATION
dc.subjectOIL
dc.subjectOIL SECTOR
dc.subjectOLIGOPOLIES
dc.subjectOPERATIONAL INDEPENDENCE
dc.subjectOPTIMIZATION
dc.subjectPENSION
dc.subjectPOLITICAL SYSTEM
dc.subjectPOLITICAL UNCERTAINTY
dc.subjectPOLITICAL UNREST
dc.subjectPRICE FIXING
dc.subjectPRICE INCREASES
dc.subjectPRICE VOLATILITY
dc.subjectPRIVATE GOODS
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPRIVATIZATION
dc.subjectPRODUCERS
dc.subjectPRODUCTION INPUTS
dc.subjectPRODUCTION STRUCTURE
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC MARKETS
dc.subjectPUBLIC-PRIVATE PARTNERSHIP
dc.subjectPUBLIC-PRIVATE PARTNERSHIPS
dc.subjectRATE OF RETURN
dc.subjectRATES OF RETURN
dc.subjectREAL GDP
dc.subjectREGULATORY AGENCY
dc.subjectREGULATORY BARRIERS
dc.subjectREGULATORY REGIMES
dc.subjectRENT SEEKING
dc.subjectRETURNS
dc.subjectRURAL COMMUNITIES
dc.subjectSKILLED WORKERS
dc.subjectSMALL BUSINESS
dc.subjectSMALL BUSINESSES
dc.subjectSMALL ENTERPRISES
dc.subjectSOCIAL PROTECTION
dc.subjectSTATISTICAL DATA
dc.subjectSUSTAINABLE GROWTH
dc.subjectSUSTAINABLE MANAGEMENT
dc.subjectTAX
dc.subjectTAX BREAKS
dc.subjectTAX POLICY
dc.subjectTAX RATE
dc.subjectTAX RATES
dc.subjectTAX REGIME
dc.subjectTAX REGIMES
dc.subjectTAX REVENUE
dc.subjectTAX SYSTEM
dc.subjectTAXATION
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTELECOMMUNICATIONS
dc.subjectTELEPHONE SERVICES
dc.subjectTOTAL OUTPUT
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE REFORMS
dc.subjectTRANSPARENCY
dc.subjectTURNOVER
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATE
dc.subjectUNEMPLOYMENT RATES
dc.subjectUNFAIR COMPETITION
dc.subjectVALUE ADDED
dc.subjectWAGES
dc.subjectWEAK ENFORCEMENT
dc.subjectWEALTH
dc.subjectWITHHOLDING TAX
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.subjectWORLD MARKET
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleMauritania - Policy Options to Enhance Private Sector Development : Country Economic Memorandum
dc.titleMauritanie - Options de politiques pour l'amelioration du developpement du secteur prive : memorandum economique du pays

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