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Mauritius
Challenges of Sustained Growth
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Abstract

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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Author:
Mr. James Y. Yao
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Mr. Gamal Z El-Masry
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Padamja Khandelwal https://isni.org/isni/0000000404811396 International Monetary Fund

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Mr. Emilio Sacerdoti
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Series:
IMF Special Issues
Publisher:
International Monetary Fund
Language:
English
Publication Date:
10 Mar 2005
DOI:
https://doi.org/10.5089/9781589064164.058
ISBN:
9781589064164
Pages:
128
Keywords:
ISI; SI; sugar sector; Mauritius; economy; deficit; export; Mauritius economy; erosion of trade preference; economy of Mauritius; anti-export bias; Exports; Agricultural commodities; Labor markets; Africa; East Asia; Sub-Saharan Africa; Global; South Asia
Legal-disclaimer:
This publication should not be reported as representing the views or policies of the International Monetary Fund. The views expressed in this work are those of the authors and do not necessarily represent those of the IMF, its Executive Board, or its management.
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