Mauritania Economic Update, July 2014

Real gross domestic product (GDP) expanded by 6.7 percent in 2013, a modest deceleration from the 7 percent recorded in the previous year, but well above the average 4.9 percent rate of growth recorded over the last ten years. The economy benefited from strong growth in the agriculture (rebounding from last year's drought), mining and services sectors, which largely offset weaker activity in fishing activity. A continuation of these relatively robust growth conditions is anticipated over the next three years, as the economy benefits from a continued expansion of mining output, particularly of iron ore. In 2015 the largest contributions to growth are projected to come from trade, livestock and iron, although the fast growing sub-sectors are expected to be copper, gold and manufacturing. Following the macroeconomic analysis (section B) this economic update includes a section on partnership agreements and sectoral developments (section C), as well as two special sections on inclusive growth, wealth accounting (section D), economic diversification and efficiency in natural resource use (section E). Section F concludes the document with some indicative policy recommendations.

Bibliographic Details

Main Author:	Mele, Gianluca
Language:	English en_US
Published:	World Bank Group, Washington, DC 2014-07
Subjects:	ACCESS TO CREDIT, ACCOUNTING, ADMINISTRATIVE CAPACITY, ADVERSE IMPACT, ADVERSE IMPACTS, AGRICULTURAL SECTOR, AGRICULTURE, ARREARS, AUDITS, BALANCE OF PAYMENTS, BANK ACCOUNT, BANKING INSTITUTIONS, BANKING SECTOR, BENCHMARKS, BONDS, BORROWING, CAPITAL ACCOUNT, CAPITAL ACCUMULATION, CAPITAL INFLOWS, CASH TRANSFERS, CC, CENTRAL BANK, COMMODITIES, COMMODITY, COMMODITY PRICE, COMMODITY PRICES, COMPARATIVE ADVANTAGE, COMPARATIVE ADVANTAGES, CONNECTIVITY, CONSUMER LENDING, CONSUMER PRICE INDEX, CONSUMER PRICE INFLATION, CORRUPTION, CREDIT ACCESS, CREDITS, CURRENCY, CURRENCY APPRECIATION, CURRENCY DEVALUATIONS, CURRENT ACCOUNT, CURRENT ACCOUNT BALANCE, CURRENT ACCOUNT DEFICIT, CURRENT ACCOUNT DEFICITS, DEBT, DEBT STRUCTURE, DEBTS, DECENTRALIZATION, DEMOCRATIC INSTITUTIONS, DEVELOPING ECONOMIES, DEVELOPMENT ASSISTANCE, DIRECT INVESTMENT, DISPOSABLE INCOME, DISSEMINATION OF INFORMATION, DIVIDENDS, DOMESTIC CREDIT, DOMESTIC DEBT, DOMESTIC INFLATION, DURABLE, DURABLE GOODS, ECONOMIC ACTIVITY, ECONOMIC DEVELOPMENT, ECONOMIC DEVELOPMENTS, ECONOMIC GROWTH, ECONOMIC TRENDS, EDUCATION SPENDING, EDUCATION SYSTEM, EMERGING MARKETS, ENROLLMENT, EXCHANGE RATE, EXPENDITURE, EXPENDITURES, EXPORTS, EXPOSURE, EXTERNAL DEBT, EXTERNAL FINANCING, EXTERNAL SHOCKS, EXTREME POVERTY, FACILITATION, FARMERS, FINANCIAL FLOWS, FINANCIAL INSTITUTIONS, FINANCIAL MANAGEMENT, FINANCIAL RESOURCES, FINANCIAL SECTOR, FISCAL POLICY, FIXED CAPITAL, FIXED INVESTMENT, FOOD PRICES, FOOD PRODUCTION, FOREIGN EXCHANGE, FOREIGN EXCHANGE MARKET, FREE TRADE, GDP PER CAPITA, GENDER, GENDER BALANCE, GENDER EQUALITY, GLOBAL ECONOMY, GOOD GOVERNANCE, GOVERNMENT INVESTMENT, GOVERNMENT REVENUES, GROSS FIXED CAPITAL FORMATION, GROSS NATIONAL SAVINGS, GROWTH RATE, GROWTH RATES, HARMONIZATION, HOUSEHOLDS, HUMAN CAPITAL, HUMAN DEVELOPMENT, HUMAN RESOURCES, INCOME LEVELS, INCOME-GENERATING ACTIVITIES, INDUSTRIALIZATION, INEQUALITY, INFLATION, INFORMATION SHARING, INFORMATION SYSTEMS, INFRASTRUCTURE DEVELOPMENT, INSTITUTIONAL CAPACITY, INSURANCE, INTANGIBLE, INTERNATIONAL INVESTORS, INTERNATIONAL RESERVES, INTERNATIONAL STANDARDS, INTERNATIONAL TRADE, INVESTING, INVESTMENT FUND, INVESTMENT PLAN, INVESTMENT POLICIES, INVESTMENT SPENDING, JOB CREATION, JOINT VENTURES, LAND ADMINISTRATION, LAND ISSUES, LAND MARKET, LAND REFORM, LEADING INDICATORS, LEGAL FRAMEWORK, LIQUIDITY, LIVING STANDARDS, MACROECONOMIC ANALYSIS, MACROECONOMIC POLICY, MACROECONOMIC STABILIZATION, MACROECONOMICS, MARKET CONCENTRATION, MARKET DIVERSIFICATION, MARKET INDEX, MARKET PRICES, MARKET TRANSACTIONS, MARKET TRENDS, MATURITIES, MERITOCRACY, MIDDLE INCOME COUNTRIES, MIDDLE-INCOME COUNTRIES, MONETARY POLICY, NATIONAL ECONOMY, NATIONAL INCOME, NATURAL RESOURCE, NATURAL RESOURCES, NET EXPORTS, OUTPUT, PENSION, PENSION SYSTEM, PER CAPITA INCOME, PHYSICAL CAPITAL, PORTFOLIO, POSITIVE EFFECTS, PRICE VOLATILITY, PRIVATE BANKS, PRIVATE INVESTMENT, PRIVATE SECTOR DEVELOPMENT, PRODUCTIVE CAPITAL, PRODUCTIVITY, PRODUCTIVITY GROWTH, PUBLIC DEBT, PUBLIC FINANCES, PUBLIC INVESTMENT, PUBLIC INVESTMENTS, PUBLIC POLICIES, PUBLIC SPENDING, RAPID GROWTH, RATE OF GROWTH, REAL GDP, REAL INTEREST, REAL INTEREST RATES, REAL TIME INFORMATION, RECEIPTS, REGULATORY FRAMEWORK, RESERVES, RETURN, RETURNS, RETURNS TO SCALE, SAFETY NETS, SAVINGS RATE, SHARE OF INVESTMENT, SHORT MATURITY, SOCIAL PROTECTION, SOCIAL PROTECTION STRATEGY, SUBSISTENCE HOUSEHOLD, SURPLUS LIQUIDITY, SUSTAINABLE DEVELOPMENT, T-BILL, TAX, TAX REVENUES, TAX SYSTEM, TECHNICAL ASSISTANCE, TELECOMMUNICATIONS, TOTAL FACTOR PRODUCTIVITY, TRADE BALANCE, TRADE DEFICIT, TRADING, TRANCHE, TRANSPARENCY, TRANSPORTATION INFRASTRUCTURE, TREASURY, TREASURY BILL, TREASURY BILL RATE, TREASURY BONDS, UNEMPLOYMENT, UNEMPLOYMENT RATE, VULNERABLE GROUPS, WAGES, WEALTH, WORLD DEVELOPMENT INDICATORS,
Online Access:	http://documents.worldbank.org/curated/en/2014/07/20133610/mauritania-economic-update https://hdl.handle.net/10986/19973
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