Publication:
A Dual-Track Strategy for Managing Mauritania's Projected Oil Rent

dc.contributor.authorAuty, Richard
dc.contributor.authorPontara, Nicola
dc.date.accessioned2012-03-30T07:29:47Z
dc.date.available2012-03-30T07:29:47Z
dc.date.issued2008
dc.description.abstractHigh rent creates contests for its capture that, unless skilfully managed, degrade political institutions and distort the economy, leading to a collapse of growth if unreformed. Mauritania's projected oil stream risks such an outcome because past rent-driven growth has left a legacy of Dutch disease effects, rent-seeking and dependent social capital. This article proposes a dual-track strategy for deploying the oil rent as a politically practical means of managing social tensions and improving the economic outcome. Track one promotes a dynamic market economy in the hitherto neglected rural areas, while track two gradually reforms the rent-driven urban sector, thus postponing confrontation with established rent-seekers while the dynamic sector drives competitive diversification of the economy and builds a pro-reform political constituency.en
dc.identifier.citationDevelopment Policy Review
dc.identifier.issn09506764
dc.identifier.urihttps://hdl.handle.net/10986/4795
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.subjectEconomic Development: Agriculture
dc.subjectNatural Resources
dc.subjectEnergy
dc.subjectEnvironment
dc.subjectOther Primary Products O130
dc.subjectExhaustible Resources and Economic Development Q320
dc.subjectResource Booms Q330
dc.titleA Dual-Track Strategy for Managing Mauritania's Projected Oil Renten
dc.title.alternativeDevelopment Policy Reviewen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.externaldocumentum129
okr.journal.nbpages59-77
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.countryMauritania
okr.relation.associatedurlhttp://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=0961642&site=ehost-live
okr.relation.associatedurlhttp://www.blackwellpublishing.com/journal.asp?ref=0950-6764
okr.volume26
Files