Mauritania : Financial/Private Sector Capacity Building

The objective of the Financial/Private Sector Capacity Building project (1995-2000) was to assist the Government of Mauritania in implementing a program of private sector promotion through strengthening the legal and regulatory framework and creati...

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Main Author:	Mohan, P. C.
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	CAPACITY BUILDING PRIVATE SECTOR INVESTMENTS LEGAL FRAMEWORK REGULATORY FRAMEWORK MINING SECTOR FISHING COMMERCIAL LAW TAXATION STAKEHOLDER PARTICIPATION INTERNATIONAL AGREEMENTS CONFLICT OF LAWS INSTITUTIONAL CHANGE INSTITUTIONAL REFORM INCENTIVES SUBSIDIES INVESTMENT CODES TAXATION OF BUSINESS ACCOUNTING BUSINESS INFORMATION CLIMATE CREDIT RATIONING FINANCIAL SECTOR FISH FISHERIES FOREIGN EXCHANGE INDEXATION INTERNATIONAL STANDARDS LAWS LEARNING LEGISLATION PRIVATE SECTOR PROFESSIONS SECURITIZATION
Online Access:	http://documents.worldbank.org/curated/en/2002/08/2005723/mauritania-financialprivate-sector-capacity-building http://hdl.handle.net/10986/9758

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recordtype	oai_dc
spelling	okr-10986-97582021-04-23T14:02:47Z Mauritania : Financial/Private Sector Capacity Building Mohan, P. C. CAPACITY BUILDING PRIVATE SECTOR INVESTMENTS LEGAL FRAMEWORK REGULATORY FRAMEWORK MINING SECTOR FISHING COMMERCIAL LAW TAXATION STAKEHOLDER PARTICIPATION INTERNATIONAL AGREEMENTS CONFLICT OF LAWS INSTITUTIONAL CHANGE INSTITUTIONAL REFORM INCENTIVES SUBSIDIES INVESTMENT CODES TAXATION OF BUSINESS ACCOUNTING BUSINESS INFORMATION CLIMATE CREDIT RATIONING FINANCIAL SECTOR FISH FISHERIES FISHING FOREIGN EXCHANGE INDEXATION INSTITUTIONAL CHANGE INTERNATIONAL STANDARDS LAWS LEARNING LEGISLATION PRIVATE SECTOR PROFESSIONS REGULATORY FRAMEWORK SECURITIZATION The objective of the Financial/Private Sector Capacity Building project (1995-2000) was to assist the Government of Mauritania in implementing a program of private sector promotion through strengthening the legal and regulatory framework and creating an enabling environment for private investment. The project was put in place at a time when major macro-economic imbalances had already been addressed and it extended and deepened reforms initiated under the adjustment program in the mid-1980s. It focused on activities which (i) encourage investor interest in the private sector, particularly in mining and fishing by, for example, revising commercial and tax codes ; and (ii) strengthen the financial sector for providing better credit and banking services needed for the development of private sector activities. Lessons learned focused on genuine stakeholder participation to achieve intended objectives. Mauritania has modernized its business law without any conflict with Islamic law thanks to the involvement of traditional magistrates in the law preparation process. It would have been helpful to have limited the number of executing agencies involved in delivering the several complex components. Institutional change, particularly in the context of limited capacity, requires long-term action. Lastly business incentives should not be reduced to a special tax regime. 2012-08-13T09:27:51Z 2012-08-13T09:27:51Z 2002-08 http://documents.worldbank.org/curated/en/2002/08/2005723/mauritania-financialprivate-sector-capacity-building http://hdl.handle.net/10986/9758 English Africa Region Findings & Good Practice Infobriefs; No. 79 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Africa Mauritania
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	CAPACITY BUILDING PRIVATE SECTOR INVESTMENTS LEGAL FRAMEWORK REGULATORY FRAMEWORK MINING SECTOR FISHING COMMERCIAL LAW TAXATION STAKEHOLDER PARTICIPATION INTERNATIONAL AGREEMENTS CONFLICT OF LAWS INSTITUTIONAL CHANGE INSTITUTIONAL REFORM INCENTIVES SUBSIDIES INVESTMENT CODES TAXATION OF BUSINESS ACCOUNTING BUSINESS INFORMATION CLIMATE CREDIT RATIONING FINANCIAL SECTOR FISH FISHERIES FISHING FOREIGN EXCHANGE INDEXATION INSTITUTIONAL CHANGE INTERNATIONAL STANDARDS LAWS LEARNING LEGISLATION PRIVATE SECTOR PROFESSIONS REGULATORY FRAMEWORK SECURITIZATION
spellingShingle	CAPACITY BUILDING PRIVATE SECTOR INVESTMENTS LEGAL FRAMEWORK REGULATORY FRAMEWORK MINING SECTOR FISHING COMMERCIAL LAW TAXATION STAKEHOLDER PARTICIPATION INTERNATIONAL AGREEMENTS CONFLICT OF LAWS INSTITUTIONAL CHANGE INSTITUTIONAL REFORM INCENTIVES SUBSIDIES INVESTMENT CODES TAXATION OF BUSINESS ACCOUNTING BUSINESS INFORMATION CLIMATE CREDIT RATIONING FINANCIAL SECTOR FISH FISHERIES FISHING FOREIGN EXCHANGE INDEXATION INSTITUTIONAL CHANGE INTERNATIONAL STANDARDS LAWS LEARNING LEGISLATION PRIVATE SECTOR PROFESSIONS REGULATORY FRAMEWORK SECURITIZATION Mohan, P. C. Mauritania : Financial/Private Sector Capacity Building
geographic_facet	Africa Mauritania
relation	Africa Region Findings & Good Practice Infobriefs; No. 79
description	The objective of the Financial/Private Sector Capacity Building project (1995-2000) was to assist the Government of Mauritania in implementing a program of private sector promotion through strengthening the legal and regulatory framework and creating an enabling environment for private investment. The project was put in place at a time when major macro-economic imbalances had already been addressed and it extended and deepened reforms initiated under the adjustment program in the mid-1980s. It focused on activities which (i) encourage investor interest in the private sector, particularly in mining and fishing by, for example, revising commercial and tax codes ; and (ii) strengthen the financial sector for providing better credit and banking services needed for the development of private sector activities. Lessons learned focused on genuine stakeholder participation to achieve intended objectives. Mauritania has modernized its business law without any conflict with Islamic law thanks to the involvement of traditional magistrates in the law preparation process. It would have been helpful to have limited the number of executing agencies involved in delivering the several complex components. Institutional change, particularly in the context of limited capacity, requires long-term action. Lastly business incentives should not be reduced to a special tax regime.
format	Publications & Research :: Brief
author	Mohan, P. C.
author_facet	Mohan, P. C.
author_sort	Mohan, P. C.
title	Mauritania : Financial/Private Sector Capacity Building
title_short	Mauritania : Financial/Private Sector Capacity Building
title_full	Mauritania : Financial/Private Sector Capacity Building
title_fullStr	Mauritania : Financial/Private Sector Capacity Building
title_full_unstemmed	Mauritania : Financial/Private Sector Capacity Building
title_sort	mauritania : financial/private sector capacity building
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2002/08/2005723/mauritania-financialprivate-sector-capacity-building http://hdl.handle.net/10986/9758
_version_	1764410557665902592

Mauritania : Financial/Private Sector Capacity Building

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