IDEAS home Printed from https://ideas.repec.org/a/bla/devpol/v26y2008i1p59-77.html
   My bibliography  Save this article

A Dual-track Strategy for Managing Mauritania's Projected Oil Rent

Author

Listed:
  • Richard Auty
  • Nicola Pontara

Abstract

High 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. Copyright 2008 Blackwell Publishing Ltd.

Suggested Citation

  • Richard Auty & Nicola Pontara, 2008. "A Dual-track Strategy for Managing Mauritania's Projected Oil Rent," Development Policy Review, Overseas Development Institute, vol. 26(1), pages 59-77, January.
    • Handle: RePEc:bla:devpol:v:26:y:2008:i:1:p:59-77
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sheng, Li, 2011. "Taxing tourism and subsidizing non-tourism: A welfare-enhancing solution to “Dutch disease”?," Tourism Management, Elsevier, vol. 32(5), pages 1223-1228.
    2. Wiig, Arne & Kolstad, Ivar, 2012. "If diversification is good, why don't countries diversify more? The political economy of diversification in resource-rich countries," Energy Policy, Elsevier, vol. 40(C), pages 196-203.
    3. Magnoli Bocchi, Alessandro & Pontara, Nicola & Fall, Khayar & Tejada, Catalina M. & Cuervo, Pablo Gallego, 2008. "Reaching the millennium development goals : Mauritania should care," Policy Research Working Paper Series 4674, The World Bank.
    4. López Cazar, I.M., 2020. "Does the Extractive Industries Transparency Initiative (EITI) help reduce corruption in Latin America? Evidence from Colombia, Guatemala, Honduras, Peru, and Trinidad and Tobago," ISS Working Papers - General Series 123971, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    5. Majah-Leah Ravago & James Roumasset & Kimberly Burnett, 2008. "Resource management for Sustainable Development of Island Economies," Working Papers 200804, University of Hawaii at Manoa, Department of Economics.
    6. World Bank, 2010. "Mauritania - Policy Options to Enhance Private Sector Development : Country Economic Memorandum," World Bank Publications - Reports 2858, The World Bank Group.
    7. Sheng, Li, 2011. "Specialisation versus diversification: A simple model for tourist cities," Tourism Management, Elsevier, vol. 32(5), pages 1229-1231.
    8. K. S. Sablin & E. S. Kagan & E. S. Chernova, 2020. "Clustering of the Russian coal mining regions: Investment and innovation activity," Journal of New Economy, Ural State University of Economics, vol. 21(1), pages 89-106, March.
    9. Francisco, Manuela & Pontara, Nicola, 2007. "Does corruption impact on firms'ability to conduct business in Mauritania ? evidence from investment climate survey data," Policy Research Working Paper Series 4439, The World Bank.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:devpol:v:26:y:2008:i:1:p:59-77. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley-Blackwell Digital Licensing or Christopher F. Baum (email available below). General contact details of provider: https://edirc.repec.org/data/odioruk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.