Description: Mauritius : Systematic Country Diagnostic

Mauritius : Systematic Country Diagnostic

Mauritius has been a success story since independence, moving from low income to uppermiddle-income status. Close public-private partnerships facilitated private sector-led growth in astable macroeconomic and institutional environment. The governme...

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Bibliographic Details
Main Author:	World Bank Group
Language:	English en_US
Published:	World Bank, Washington, DC 2015
Subjects:	TARIFFS SURCHARGES CONSUMPTION EXPENDITURES FISH UNEMPLOYMENT RATES GOVERNMENT EXPENDITURES ECONOMIC GROWTH RENEWABLE RESOURCES CARBON DIOXIDE WASTE MANAGEMENT DISPOSABLE INCOME CARBON AGRICULTURAL PRODUCTION EXPECTATIONS FISHERIES MANAGEMENT PRODUCERS RESOURCE MANAGEMENT PROPERTY RIGHTS BALANCE OF PAYMENTS FINANCIAL RESOURCES LABOR FORCE PRICE SETTING EMISSIONS POLITICAL ECONOMY REVENUES ENVIRONMENTAL ISSUES INCENTIVES CARBON DIOXIDE EMISSIONS ENVIRONMENTAL RESOURCES CROSS SUBSIDIZATION MODELS REAL WAGES SUSTAINABLE DEVELOPMENT ECONOMIC ANALYSIS DEVELOPED COUNTRIES ECONOMIC ACTIVITY ECONOMIC SUSTAINABILITY CLIMATIC CONDITIONS EXPLOITATION OIL PRICES ARABLE LAND LABOR COSTS OIL IMPORT QUOTAS NATURAL CAPITAL POPULATION GROWTH LABOR PRODUCTIVITY OPTIONS POLLUTION LEVELS QUOTAS MARKET LIBERALIZATION DEBT POLLUTION FORESTRY LAND RESOURCES AQUIFERS DIVIDENDS POLICY DECISIONS NATURAL RESOURCES SUBSIDIES EFFICIENCY FISHING FOOD PRODUCTION TAXES CANCER ACCESS TO INFORMATION LAND USE EFFECTIVE USE RESOURCES UNEMPLOYMENT ENERGY CONSUMPTION EQUITY CONSUMPTION PRODUCTIVITY GROWTH TECHNOLOGICAL CHANGE WAGES CLIMATE CHANGE VALUES POLICY MAKERS ELASTICITIES CREDIT PURCHASING POWER DEFORESTATION CPI DEMAND SUSTAINABLE GROWTH AGGREGATE DEMAND PUBLIC EXPENDITURES ELECTRICITY GENERATION ENVIRONMENTAL TAXES ENVIRONMENTS EXPENDITURES WORKING POOR PROPERTY TAX RATES OPPORTUNITY COSTS TRANSACTION COSTS ENVIRONMENT GLOBAL CLIMATE CHANGE ECONOMICS TERMS OF TRADE MARKET COMPETITION TAX REVENUE FISHERIES ECONOMIC FACTORS ECONOMIC DEVELOPMENT TRADE LAND ECONOMIES OF SCALE COST EFFECTIVE POLICIES DRINKING WATER TRADE TAXES COMMERCIAL BANKS COAL FARMS REVENUE PRIVATE CONSUMPTION RISK MANAGEMENT ACCELERATOR ENVIRONMENTAL PROFITS LABOR MARKETS FISHERY PRODUCTION FISHERS PRICES ECONOMIC CONDITIONS ECONOMIES COMPETITION
Online Access:	http://documents.worldbank.org/curated/en/2015/07/24741885/mauritius-systematic-country-diagnostic http://hdl.handle.net/10986/23110

Description
Summary:	Mauritius has been a success story since independence, moving from low income to uppermiddle-income status. Close public-private partnerships facilitated private sector-led growth in astable macroeconomic and institutional environment. The government implemented an activeindustrial policy to support private sector competitiveness while exploiting global trade nichescreated by preferential access arrangements. As a result, savings were high and reinvested indiversifying the economy. Starting as a mono-cropped, inward-looking economy, Mauritiusmoved toward an export oriented and diversified economy producing textiles, tourism, financialand ICT services. Mauritius is now at a crossroads. On the one hand, it can pursue a path where reinvigorated public investment boosts economic growth and reinforced public assistance enhancesredistribution. On the other hand, it can select a path where private sector identifies constraintsfor growth and the public sector is the enabling agent that removes them, ensuring that proceedsare adequately shared by targeted assistance and improved service delivery. The Systematic Country Diagnostic (SCD) is intended to assess the priorities of Mauritius to accelerate sustainable economic growth while improving the welfare of the less well off. The SCD aims to understand why income growth among the bottom 40 percent of the population has been low relative to the average income. The SCD also addresses how the rate and structure of aggregate growth can be improved to accelerate income growth among the bottom 40 percent of the population, as well as ensure that overall growth is sustainable.

Mauritius : Systematic Country Diagnostic

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