Mauritius: Challenges of Sustained Growth

By James Y. Yao, Gamal Z El-Masry, Padamja Khandelwal, Emilio Sacerdoti

March 10, 2005

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Format: Chicago

James Y. Yao, Gamal Z El-Masry, Padamja Khandelwal, and Emilio Sacerdoti. Mauritius: Challenges of Sustained Growth, (USA: International Monetary Fund, 2005) accessed November 21, 2024

Summary

Mauritius has achieved remarkable success since its independence in 1968. It has one of the highest per capita GDPs in Africa, the economy has diversified from complete dependence on the sugar crop, into textiles, then tourism, and recently information and communication services. This paper examines the factors that have contributed to this impressive growth, including macroeconomic stability, a solid institutional framework, political stability, an efficient administration, a favorable regulatory framework, and a well-developed financial system, and outlines the challenges that remain to ensure continued sustainable growth in Mauritius.

Subject: Agricultural commodities, Commodities, Education, Exports, International trade, Labor, Labor markets, Public debt

Keywords: Africa, Agricultural commodities, Anti-export bias, Deficit, East Asia, Economy, Economy of Mauritius, Erosion of trade preference, Export, Exports, Global, ISI, Labor markets, Mauritius, Mauritius economy, SI, South Asia, Sub-Saharan Africa, Sugar sector

Publication Details

Pages:

128
Volume:

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DOI:

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Issue:

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Series:

IMF Special Issues
Stock No:

ISIEA2005001
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