%0 Journal Article
%T Economic Governance in Gabon: Assessment of the <i> Plan Stratégique Gabon Emergent </i> on the Business Environment
%A Herbert Mba Aki
%J Open Journal of Political Science
%P 17-37
%@ 2164-0513
%D 2019
%I Scientific Research Publishing
%R 10.4236/ojps.2019.91002
%X The
present study aims to identify the existing reforms introduced by the re-cent
economic diversification policy of the government of Gabon called <em>Plan
Strat¨¦gique Gabon Emergent</em>. It assesses the current stage of reforms aiming to
enable the business environment. Empirical part of our research was car-ried
out with evidence relating to the impact of regulatory reform on the business
environment in Gabon. We used the World Bank <em>Doing Business and Ibrahim Index
of African Governance</em> databases to provide indicators of the quality of
regulatory governance from 2009 to 2018. Our key findings showed that the
investment climate is still below the expectations. The cur-rent macroeconomic
situation of the country due to the barrel price has lim-ited the capacity of
the government to finance its major reforms. Further-more, the small size of the
market weakens the potentiality of the country to attract foreign direct
investments in non-extractive sectors. In brief, Gabon¡¯s diversification model
shows some weaknesses due to non-existent coherent industrial policy empowering
small medium-size enterprises through an ef-fective financial framework
favorable for entrepreneurship.
%K Business Environment
%K Economic Diversification
%K Economic Governance
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=88418