Mauritania - ECONOMY Mauritania - The Economy its economy. In the late 1980s, Mauritania's economy continued to rely The economy also remained seriously hampered by a structural inability sector had lost its predominance in the economy, accounting for between the pastoral herding sector of the economy constituted about 20 percent late 1970s and the 1980s, the economy stagnated, and financial <>THE RURAL ECONOMY Mauritania - The Economy - ROLE OF THE GOVERNMENT ports such as Las Palmas or Dakar. Thus, the local economy benefited Iron mining quickly dominated Mauritania's economy. In 1966, after only direct and indirect impact on the economy, and many industrial and The mid-1970s marked a turning point for Mauritania's economy. Two The critical importance of iron ore mining to the economy was the overall economy. In terms of relative export percentages, mining's Mauritania - THE RURAL ECONOMY economy has been the livestock subsector. Between 1975 and 1980,