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Mauritius - Country Economic Memorandum : Managing change in a changing world (English)

This Country Economic Memorandum subscribes to the overall direction of the reform program mapped out by this body of work and it goes deeper in three important areas: (1) public sector management, (2) labor markets and education and (3) science and technology policy. Chapters 2-4 of this report, each one largely self-contained, cover these topics in order. First, however, Chapter 1 gives the context for the transition now underway with an overview of past and present development focusing on the transformation of the economy from factor-intensive to skill- and knowledge-intensive development. Then a forward-looking section offers a medium-term forecast for the economy's emergence from the recent slowdown and discusses prospects for longer-term (potential) growth.


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    Country Economic Memorandum

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    Mauritius - Country Economic Memorandum : Managing change in a changing world

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    Labor Market;small and medium enterprise;science and technology policy;human capital;Social Safety Nets;gross fixed capital formation;industrial technology;real exchange rate overvaluation;small island developing states;Upper Middle Income Countries;female labor force participation;average per capita income;civil service reform agenda;knowledge based economy;return to education;public good;Technology Transfer;labor market institution;double tax treaty;public sector employment;human resource management;civil service wage;current account balance;Public Goods;textile fabric;productivity growth;fiscal consolidation;civil service pay;school enrollment rate;public goods provision;labor market performance;labor market indicator;gross enrollment rate;impact of education;public sector performance;labor market outcome;labor market policy;jobs in agriculture;average unemployment rate;demands for infrastructure;job search assistance;public sector efficiency;market for good;global value chain;central government debt;Rural Travel and Transport;higher value added;capital for labor;total capital stock;human capital stock;Labor Market Flexibility;labor intensive manufacturing;skills and support;contribution of capital;errors and omission;Concept Review Meeting;fact finding mission;renewable energy technologies;import of goods;labor saving technology;Aid for Trade;debt under control;working age population;vulnerability to shock;global labor market;net foreign asset;public investment program;corruption;government effectiveness;Demographic Transition;red tape;medical service;investment climate;work permit;ocean resource;fiscal discipline;fiscal framework;export orient;e-government initiative;public debt;research institute;Economic Management;remote location;business service;public intervention;labor shortage;Budget Management;Technology Diffusion;private tutoring;wage setting;Financial Sector;apparel sector;income support;market failure;secondary level;occupational structure;industrial regulation;regulatory burden;downside risk;employment growth;public research;manufacturing activities;trend growth;apparel export;international reserve;net export;government staff;current expenditure;trade performance;long-term loan;competitive rate;connection charge;Industrial Policy;Industrial Policies;business cycle;capital accumulation;Social Welfare;unemployment benefit;sickness benefit;net liability;trade preference;popular support;financial considerations;special incentives;primary surplus;export market;financial service;Exchange Rates;capital transfer;external shock;budgetary resource;accrual basis;skill base;domestic saving;aggregate fiscal;market efficiency;water source;domestic credit;development partner;logistical support;fiber optic;administrative procedure;output growth;attrition rates;education output;Education Policy;industrial relation;precision instrument;port facility;streamlining procedures;incentive scheme;telecommunications system;synthetic fibres;textile sectors;communications infrastructure;domestic investment;clothing sector;living standard;precious stone;disaster recovery;call center;entrepreneurial culture;factor inputs;Natural Resources;old-age pension;factor accumulation;factor productivity;family allowance;civil society;social program;insurance scheme;worker protection;capacity utilization;management process;real wage;employment creation;Tax Administration;skill mix;unemployment insurance;dislocated worker;target social;educational qualification;work force;Wage Subsidies;income quintile;wage subsidy;primary cycle;working condition;technological sophistication;labor contract;labor supply;cross-country differences;regulatory quality;innovative economy;cohort analysis;industrial sector;university degree;employment structure;efficiency score;fiscal adjustment;investment need;formal sector;supply shortages;educational system;capacity constraint;tertiary level;conventional wisdom;rent seeking;regulatory process;charging fee



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Mauritius - Country Economic Memorandum : Managing change in a changing world (English). Washington, D.C. : World Bank Group.