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.
Details
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Document Date
2007/01/29
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Document Type
Country Economic Memorandum
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Report Number
36196
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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
2007/02/15
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Disclosure Status
Disclosed
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Doc Name
Mauritius - Country Economic Memorandum : Managing change in a changing world
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Keywords
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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Citation
Mauritius - Country Economic Memorandum : Managing change in a changing world (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/930371468110071443/Mauritius-Country-Economic-Memorandum-Managing-change-in-a-changing-world