Mauritius: Challenges of Sustained Growth

Business & Finance, Economics, International Economics, Macroeconomics
Cover of the book Mauritius: Challenges of Sustained Growth by James Mr. Yao, Gamal Zaki Dr. El-Masry, Padamja Khandelwal, Emilio Mr. Sacerdoti, INTERNATIONAL MONETARY FUND
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Author: James Mr. Yao, Gamal Zaki Dr. El-Masry, Padamja Khandelwal, Emilio Mr. Sacerdoti ISBN: 9781452779607
Publisher: INTERNATIONAL MONETARY FUND Publication: March 10, 2005
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: James Mr. Yao, Gamal Zaki Dr. El-Masry, Padamja Khandelwal, Emilio Mr. Sacerdoti
ISBN: 9781452779607
Publisher: INTERNATIONAL MONETARY FUND
Publication: March 10, 2005
Imprint: INTERNATIONAL MONETARY FUND
Language: English
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.
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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.

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