Mauritius has built much of its successful development record since independence in 1968 on proactive and effective growth strategies. A long-term development vision based on diversification, value-added activities, skills development, and a knowledge-intensive economy was conceived during the 1990s. Over time, piecemeal reforms were implemented toward these goals, but results were limited. After suffering trade shocks in 2005, Mauritius accelerated much-needed and difficult economic reforms in 2006, enabling the country to boost growth and avert the worst impacts of the global economic downtown.
Details
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Document Date
2010/03/10
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Document Type
Brief
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Report Number
95521
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2016/01/07
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Disclosure Status
Disclosed
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Doc Name
Mauritius avoid the worst effects of the financial crisis
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Keywords
finance, integration, policy, management, crisis
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Citation
Accelerating reform : Mauritius averts worst impacts of financial crisis : Mauritius avoid the worst effects of the financial crisis (Spanish). Results Profile Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/419401467987839965/Mauritius-avoid-the-worst-effects-of-the-financial-crisis