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Mauritius - Expanding horizons, Volume 1
 
Collection Title:A World Bank country studyCountry:Mauritius;
Date Stored:2003/08/01Document Date:1992/07/31
Document Type:PublicationSubTopics:Environmental Economics & Policies; Economic Theory & Research; Agribusiness & Markets; Banks & Banking Reform; Health Monitoring & Evaluation
ISBN:ISBN 0-8213-2120-XLanguage:English
Major Sector:(Historic)Economic PolicyRegion:Africa
Report Number:11010Sub Sectors:(Historic)Macro/non-trade
Volume No:1  

Summary: This report is about a successful country which is striving to catch up with the rest of East Asia. It takes as its starting point the position that, ten or twenty years from now, Mauritius will have developed further and been transformed to the point where it will no longer be heavily concentrated in sugar and textiles. Economic development in Mauritius over the past decade has been based on some exceptional circumstances. First, the country has been able to draw on a large pool of relatively well educated labor; second, it has taken full advantage of its preferential access into the European Economic Community market; and third, its export processing zone sector has greatly benefited from the capital investment and marketing know-how of investors from Hong Kong and Singapore. Since this development strategy was adopted, the world environment has changed considerably. Other developing countries have now entered the arena with many of the same advantages that Mauritius enjoyed which puts pressure on Mauritius to become more competitive in the world economy and to take a fresh look at the opportunities open to it. This report identifies a number of constraints in the existing incentive and regulatory framework to increasing Mauritius' global competitiveness and strongly recommends that the government explicitly incorporate cross-sectoral linkages into its planning process.

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