Front Matter
Author:
Ms. Camelia Minoiu
Search for other papers by Ms. Camelia Minoiu in
Current site
Google Scholar
Close
and
Patrick A. Imam
Search for other papers by Patrick A. Imam in
Current site
Google Scholar
Close

Front Matter Page

African Department

Authorized for distribution by Arend Kouwenaar

Contents

  • I. Introduction

  • II. The Evolution of the Exchange Rate in Mauritius

  • III. Empirical Analysis of the Equilibrium Exchange Rate

    • A. Macroeconomic Balance Approach (FEER-MB)

    • B. Single-Equation Fundamental Equilibrium Exchange Rate Approach (FEER-SE)

    • C. Capital-Enhanced Equilibrium Exchange Rate Approach (CHEER)

    • D. External Sustainability Approach (ES)

  • IV. Structural Competitiveness Analysis

  • V. Conclusions

  • List of Figures

  • Figure 1. Exchange Rate Regimes and the Nominal Exchange Rate, 1948−2007

  • Figure 2. Nominal and Real Effective Exchange Rates, 1980−2007

  • Figure 3. Price-based Real Effective Exchange Rate Indices, 1980−2006

  • Figure 4. FEER-MB Approach: Actual and Fitted CA balance

  • Figure 5. FEER-MB Approach: CA Norms vs. Underlying CA

  • Figure 6. FEER-SE Approach: Actual vs. Equilibrium REER

  • Figure 7. CHEER Approach: Actual vs. Equilibrium NER

  • Figure 8. Composite Indicators of Structural Competitiveness

  • Figure 9. Relative Performance on Trade Costs

  • References

  • Appendix: List of Tables

  • Table 1. Summary Statistics for FEER-MB Approach

  • Table 2. Correlates of the Current Account Balance—Panel Estimates (1980–2005)

  • Table 3. Unit Root Tests for the FEER-SE Approach

  • Table 4. Unit Root Tests for the CHEER Approach

  • Table 5. Johansen Cointegration Test for the CHEER Approach

  • Table 6. The Relative Performance of Mauritius on Trade Costs

  • Table 7. The Relative Performance of the Mauritius ICT Sector

  • Collapse
  • Expand
Mauritius: A Competitiveness Assessment
Author:
Ms. Camelia Minoiu
and
Patrick A. Imam