Mauritius

The economic upturn and performance of Mauritius is a far cry from predictions made in the 1960s. The island's remarkable economic performance since the 1980s can been attributed to a multitude of factors instrumental to the success of the economy, including structural reforms, outward looking export orientated strategies, diversification in the manufacturing, tourism and financial services sectors amongst others, sound economic governance and institutions, and significant investment in human capital.


This book attempts to provide a detailed analysis of the various key ingredients which have helped to propel Mauritius to its current status. The various chapters provide important readings for both academics and policymakers, with the final chapter providing key policy strategies which the government needs to implement to help Mauritius graduate to the next level of development: namely to that of a high-income economy and, in moving out of the middle-income trap, laying the foundations for future growth and shared prosperity in the light of both domestic challenges and global constraints.

Foreword

1 Mauritius: Developmental Perspective, 1968-2017

P. Dinan

2 An Analysis of the Sources of Growth in Mauritius

B. Seetanah, R. Moreno, R. V. Sannassee and V. Tandrayen-Ragoobur

3 How are Institutions Key Determinants in the Development of Emerging Economies? The Case of Mauritius

L. A. Darga

4 Expansion of Export Oriented Enterprises and Development in Mauritius S. Fauzel, B. Seetanah and R. V. Sannassee

5 Financial Development and Economic Growth in Mauritius

J. Matadeen and S. Fauzel

6 Impact of the Tourism Sector on Economic Growth in Mauritius

P. Dinan, B. Seetanah and K. D. Padachi

7 Harnessing FDI for Growth in Mauritius

S. Gunessee and B. Sooreea-Bheemul

8 Analysing the Human Capital-Economic Growth Nexus: The Case of Mauritius

H. Neeliah and B. Seetanah

9 Tracing the Path towards Sustainable Development in Mauritius through GDP-CO2 Emission Nexus

R. Sultan

10 Can Africa Serve as a Trading Hub for Mauritius? An In-Depth Analysis

V. Tandrayen-Ragoobur

11 Mauritius: Running the Next Development Lap: Issues, Outlooks and Policy Priorities

R. Sithanen