Publication:
Mauritania : Counting on Natural Wealth for a Sustainable Future

dc.contributor.authorMele, Gianluca
dc.date.accessioned2014-06-26T21:31:21Z
dc.date.available2014-06-26T21:31:21Z
dc.date.issued2014-05
dc.description.abstractA data set of key macro-sustainability indicators, constructed after several fact-finding missions, and World Bank methodologies on estimating wealth accounting are used to study Mauritania's wealth, which is estimated to be between USD50 and USD60 billion. The country's produced wealth represents roughly 12 percent of total wealth, much less than in lower-middle-income countries; by contrast, natural wealth represents approximately 45 percent of the total figure. Renewable resources account for slightly less than two-thirds of natural wealth, with fisheries alone equaling about one-fourth of natural wealth. This is good news for Mauritania, as sound management of these resources may ensure a constant flow of resources in the future and therefore -- with adequate policies -- the achievement of the same or higher levels of welfare for future generations. On the negative side, however, the ratio of net adjusted savings over gross national income is estimated to have been negative since 2006, meaning that the wealth of the country is being depleted. Mauritania has recently joined the ranks of lower-middle-income countries, largely thanks to its considerable natural resources endowment. Over time the mining sector's contribution to gross domestic product has grown significantly and important discoveries continue to be made. The overarching objective of this wealth accounting exercise is thus to support Mauritania to measure its assets better and achieve a more complete picture of the prospects for future income, with a view to better orienting public policies toward sustainable growth and shared prosperity. The paper concludes with several indicative policy recommendations.en
dc.description.abstractUn ensemble de données sur les principaux indicateurs macroéconomiques, construit après plusieurs missions d'enquête, et les méthodes de la Banque mondiale sur la comptabilisation de la richesse sont à la base de cette étude quantitative sur la richesse de la Mauritanie, qui est estimée se situer entre 50 et 60 milliards de dollars américains. La richesse produite par le pays représente environ 12 pour cent de la richesse totale, beaucoup moins que dans les pays à revenu moyen inférieur; En revanche, la richesse naturelle représente environ 45 pour cent du chiffre total. Les ressources renouvelables représentent un peu moins de deux tiers de l’ensemble des richesses naturelles. La pêche seule est égale à environ un quart de toute la richesse naturelle. Ce sont de bonnes nouvelles pour la Mauritanie, car une bonne gestion de ces ressources peut assurer un flux constant de revenu à l'avenir et, par conséquent - avec des politiques adéquates – d’atteindre les mêmes niveaux de bien-être (ou des niveaux plus élevés) pour les générations futures. Cependant, le ratio de l'épargne nette ajustée sur le revenu national brut est estimé avoir enregistré des valeurs négatives depuis 2006, ce qui signifie que la richesse du pays est en train de s'épuiser. La Mauritanie a récemment rejoint les rangs des pays à revenu intermédiaire, tranche inférieure, en grande partie grâce à sa grande dotation en ressources naturelles. Au fil du temps le secteur minier a contribué de façon remarquable à l’augmentation du produit intérieur brut, et d’importantes découvertes continuent d’être faites. L'objectif primordial de cet exercice de comptabilisation de la richesse est donc de aider la Mauritanie à mieux mesurer ses stocks de façon quantitative ainsi qu’à obtenir une image plus complète sur les perspectives de revenus futurs, afin de mieux orienter les politiques publiques vers la croissance durable et la prospérité partagée. Le document se termine par des recommandations stratégiques indicatives.fr
dc.identifierhttp://documents.worldbank.org/curated/en/2014/05/19553476/mauritania-counting-natural-wealth-sustainable-future
dc.identifier.doi10.1596/1813-9450-6887
dc.identifier.urihttps://hdl.handle.net/10986/18798
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 6887
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectACCOUNTING PERIOD
dc.subjectACCOUNTING RULES
dc.subjectAFFILIATE
dc.subjectAFFILIATED ORGANIZATIONS
dc.subjectAGRICULTURE
dc.subjectARREARS
dc.subjectASSET VALUES
dc.subjectASSETS
dc.subjectBALANCE SHEET
dc.subjectBALANCE SHEETS
dc.subjectCAPITAL ASSETS
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL INVESTMENTS
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL STOCK
dc.subjectCASH TRANSFERS
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICES
dc.subjectCOMPETITIVENESS
dc.subjectCONNECTIVITY
dc.subjectCONSUMPTION EXPENDITURE
dc.subjectCONSUMPTION FUNCTION
dc.subjectCONSUMPTION INCREASES
dc.subjectCORPORATE SOCIAL RESPONSIBILITY
dc.subjectCOST OF CAPITAL
dc.subjectCURRENCY
dc.subjectCURRENCY UNITS
dc.subjectCURRENT EXPENDITURES
dc.subjectCURRENT PRICES
dc.subjectDAMAGES
dc.subjectDATA AVAILABILITY
dc.subjectDEBT
dc.subjectDEBT LEVELS
dc.subjectDECISION MAKING
dc.subjectDEMOGRAPHIC
dc.subjectDEPOSITS
dc.subjectDERIVATIVES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING ECONOMIES
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectDEVELOPMENT STRATEGIES
dc.subjectDIMINISHING RETURNS
dc.subjectDISCOUNT RATE
dc.subjectDISPOSABLE INCOME
dc.subjectDOMESTIC INVESTMENT
dc.subjectDURABLES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC SECTORS
dc.subjectEFFICIENT CAPITAL
dc.subjectEFFICIENT CAPITAL MARKETS
dc.subjectELASTICITY
dc.subjectEMPLOYMENT
dc.subjectENERGY EXPORTS
dc.subjectENVIRONMENTAL DEGRADATION
dc.subjectENVIRONMENTAL FACTORS
dc.subjectEQUIPMENT
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORTER
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXTERNAL DEBT
dc.subjectFERTILITY RATE
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL POLICIES
dc.subjectFISCAL POLICY
dc.subjectFIXED CAPITAL
dc.subjectFIXED COSTS
dc.subjectFOOD PRICES
dc.subjectFOREIGN ASSETS
dc.subjectFOREIGN COMPANIES
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN INVESTORS
dc.subjectFUTURE GROWTH
dc.subjectFUTURE PRICES
dc.subjectGDP
dc.subjectGDP DEFLATOR
dc.subjectGDP PER CAPITA
dc.subjectGOVERNMENT SPENDING
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROSS FIXED CAPITAL FORMATION
dc.subjectGROSS NATIONAL SAVINGS
dc.subjectGROSS SALES
dc.subjectGROWTH POTENTIAL
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN DEVELOPMENT
dc.subjectHUMAN RESOURCES
dc.subjectINCOME
dc.subjectINCOMES
dc.subjectINFLATION
dc.subjectINFLATION RATE
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectINFRASTRUCTURE PROJECTS
dc.subjectINTANGIBLE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL FIRMS
dc.subjectINTERNATIONAL RESERVES
dc.subjectINTERNATIONAL TRADE
dc.subjectINVESTING
dc.subjectINVESTMENT CAPITAL
dc.subjectINVESTMENT POLICIES
dc.subjectINVESTMENT PROJECTS
dc.subjectITC
dc.subjectJOB CREATION
dc.subjectJOINT VENTURE
dc.subjectLABOR COSTS
dc.subjectLAND AS COLLATERAL
dc.subjectLAND USE
dc.subjectLEVEL OF CONFIDENCE
dc.subjectLIABILITY
dc.subjectLIQUIDITY
dc.subjectLOCAL CURRENCY
dc.subjectLONG-TERM COST
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMACROECONOMIC ANALYSIS
dc.subjectMACROECONOMIC CONTEXT
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC POLICIES
dc.subjectMARGINAL UTILITY
dc.subjectMARGINAL UTILITY OF CONSUMPTION
dc.subjectMARKET SHARE
dc.subjectMIDDLE-INCOME COUNTRIES
dc.subjectMISMANAGEMENT
dc.subjectMONETARY FUND
dc.subjectMONOPOLY
dc.subjectNATIONAL DEVELOPMENT
dc.subjectNATIONAL INCOME
dc.subjectNATIONAL SAVING
dc.subjectNATURAL CAPITAL
dc.subjectNATURAL RESOURCE
dc.subjectNATURAL RESOURCES
dc.subjectNET FOREIGN ASSETS
dc.subjectNET SAVINGS
dc.subjectNPV
dc.subjectOIL PRICES
dc.subjectOIL RESERVES
dc.subjectOPERATING COSTS
dc.subjectOPPORTUNITY COST
dc.subjectOPPORTUNITY COSTS
dc.subjectOUTPUT
dc.subjectPERMANENT INCOME
dc.subjectPERMANENT INCOME HYPOTHESIS
dc.subjectPOLICY CREDIBILITY
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLLUTION
dc.subjectPRESENT VALUE
dc.subjectPRICE VOLATILITY
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE CAPITAL STOCKS
dc.subjectPRIVATE INVESTMENT
dc.subjectPRODUCTION COSTS
dc.subjectPRODUCTIVE CAPITAL
dc.subjectPRODUCTIVITY
dc.subjectPROFIT MARGIN
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC AGENCIES
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENTS
dc.subjectPUBLIC POLICIES
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC-PRIVATE PARTNERSHIP
dc.subjectRAPID EXPANSION
dc.subjectRATE OF RETURN
dc.subjectRE-INVESTMENT
dc.subjectREAL GDP
dc.subjectREAL PROPERTY
dc.subjectREINVESTMENT
dc.subjectRENTS
dc.subjectRESERVE
dc.subjectRESERVES
dc.subjectRETURN
dc.subjectSAFETY NETS
dc.subjectSAVINGS
dc.subjectSAVINGS RATE
dc.subjectSAVINGS RATES
dc.subjectSOCIAL DEVELOPMENT
dc.subjectSOCIAL SAFETY NETS
dc.subjectSTATISTICAL ANALYSIS
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectSUSTAINABLE GROWTH
dc.subjectTAX
dc.subjectTAX ADMINISTRATION
dc.subjectTAX REVENUE
dc.subjectTAX REVENUES
dc.subjectTOTAL COSTS
dc.subjectTOTAL REVENUE
dc.subjectTRADE BALANCE
dc.subjectTRANSPARENCY
dc.subjectTRANSPARENCY INITIATIVE
dc.subjectUTILITY FUNCTION
dc.subjectVALUATION
dc.subjectVARIABLE COST
dc.subjectWAGES
dc.subjectWEALTH
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.subjectWORLD MARKET
dc.titleMauritania : Counting on Natural Wealth for a Sustainable Futureen
dc.titleMauritanie : Les richesses naturelles au service dun avenir durablefr
dc.title.alternativeMauritanie : Les richesses naturelles au service d' un avenir durablefr
dspace.entity.typePublication
okr.crossref.titleMauritania: Counting on Natural Wealth for a Sustainable Future
okr.date.disclosure2014-05-01
okr.date.doiregistration2025-04-10T09:12:11.268914Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2014/05/19553476/mauritania-counting-natural-wealth-sustainable-future
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid434581468283141354
okr.guid799611468056370500
okr.guid298031468051282338
okr.identifier.doi10.1596/1813-9450-6887
okr.identifier.externaldocumentum000158349_20140522133822
okr.identifier.internaldocumentum19553476
okr.identifier.reportWPS6887
okr.language.supporteden
okr.language.supportedfr
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/05/22/000158349_20140522133822/Rendered/PDF/WPS6887.pdfen
okr.pdfurlhttp://documents.worldbank.org/curated/en/799611468056370500/pdf/wps6887FRENCH.pdffr
okr.region.administrativeAfrica
okr.region.countryMauritania
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicBanks and Banking Reform
okr.topicEconomic Theory and Research
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Debt Markets
okr.txturlhttp://documents.worldbank.org/curated/en/799611468056370500/text/wps6887FRENCH.txtfr
okr.unitPoverty Reduction and Economic Management Department, Africa Region
okr.volume1 of 1
relation.isAuthorOfPublicationb5e27836-2296-4a8d-91d7-f216bf2e7025
relation.isAuthorOfPublication.latestForDiscoveryb5e27836-2296-4a8d-91d7-f216bf2e7025
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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