Putting Tanzania's Hidden Economy to Work : Reform, Management, and Protection of its Natural Resource Sector.
Material type: TextSeries: Country StudiesPublisher: Herndon : World Bank Publications, 2008Copyright date: ©2008Description: 1 online resource (98 pages)Content type: text Media type: computer Carrier type: online resourceISBN: 9780821374634Subject(s): Natural resources -- Tanzania | Tanzania -- Economic policyGenre/Form: Electronic books.Additional physical formats: Print version:: Putting Tanzania's Hidden Economy to Work : Reform, Management, and Protection of its Natural Resource SectorDDC classification: 333.709678 LOC classification: HC885.Z65 -- P88 2008ebOnline resources: Click to ViewContents -- Foreword -- Acknowledgments -- Abbreviations -- Introduction -- 1. The Big Picture: Tanzania's Hidden Economy -- The Natural Resource Sector: A First Look at the Obvious -- Counting the Unaccounted: Some Methodological Background -- The Hidden Economy Revealed -- Characterizing the Weaknesses and Potential Responses -- 2. Reform: Striking Down Corruption and Illegal Activities -- The Business Case for Reducing Corruption -- The Need for Reform: Sectoral Overview -- Reform Examples in Tanzania -- Recommended Priority Reform Actions -- 3. Management: Correcting Policy Distortions and Improving Efficiency -- The Business Case for Improved Management -- The Need for Improved Management-Sectoral Overview -- Improved Management Examples in Tanzania -- Recommended Priority Management Actions -- 4. Precaution: Introducing Safety Nets and Accommodating Uncertainty -- The Role of Precaution and Redundancy -- The Need for Precaution: Sectoral Overview -- Examples of Precautionary Management in Tanzania -- Recommended Priority Protection Actions -- 5. Action Plan -- Summary of Findings -- Summary of Recommendations and Priority Actions -- Appendix: Sector-at-a-Glance: Priority Interventions -- References -- TABLE 1.1. Tanzania MDG Baseline, Most Recent Estimate and Target -- TABLE 1.2. MNRT Annual Revenue and Budget FY2004 (billion TSh) -- TABLE 1.3. Synopsis of Sectoral Weaknesses, Incidence, and Corrective Options -- TABLE 4.1. Sources of Income in Villages, Tanzania, 2002 -- TABLE 5.1. Summary of Objectives, Priority Recommended Actions, and Indicative Results Indicators -- TABLE A.1. Fisheries (Freshwater) -- TABLE A.2. Fisheries (Marine) -- TABLE A.3. Forestry -- TABLE A.4. Wildlife -- TABLE A.5. Tourism -- TABLE A.6. Mining (Large Scale) -- TABLE A.7. Mining (Artisanal) -- TABLE A.8. Carbon Resources.
FIGURE 2.1. Governance Indicators for Tanzania, 1998 and 2005 -- FIGURE 3.1. Freshwater Fisheries, CPUE, and Total Catch, 1995-2003 -- FIGURE 3.2. TANAPA 2001/2002 Primary Revenue.
Tanzania's annual real economic growth rate has in recent years been between 6 and 7 percent with Gross National Income equivalent to about US340 per person. A "hidden" economy could potentially have contributed an additional US100 per person. Forestry, fisheries, mining, and wildlife make traditional contributions to the economy. Hidden values and untapped potential remain uncounted. Some 582,000 tourists visited Tanzania in 2004, contributing US750 million to export earnings. A recent single shipment of illegal ivory left Tanga, valued at US200 million. Commercial fishing fleets operating offshore contribute in excess of US300 million to foreign coffers; less than 2 percent finds its way back to Tanzania. Most of the production from half a million artisanal miners leave the country unnoticed and untaxed. This book is about this hidden part of the economy-the uncounted, the illegal, the unnoticed, or the squandered.This paper advocates a three-pillared approach to improve capture of this hidden value. The first pillar of good governance eliminates corruption, improves transparency, controls illegal activities, and improves accountability, monitoring, and compliance. The second pillar of good management eliminates price distortions, improves capture of resource rents, and reduces waste. A third pillar of safety nets reduces conflict and social vulnerability.
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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2018. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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