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Mauritius - Expanding horizons (Inglês)

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.

Detalhes

  • Data do documento

    1992/06/12

  • TIpo de documento

    Relatório Econômico ou Setorial Pré-2003

  • No. do relatório

    9685

  • Nº do volume

    1

  • Total Volume(s)

    1

  • País

    Maurício,

  • Região

    África,

  • Data de divulgação

    2010/06/12

  • Disclosure Status

    Disclosed

  • Nome do documento

    Mauritius - Expanding horizons

  • Palavras-chave

    binding constraint on economic growth;tourism;labor force participation rate;food and agricultural;price control;rate of inflation;taxable value;real exchange rate movement;flexible exchange rate policy;rate of price inflation;negative real interest rate;functional classification of expenditure;free repatriation of capital;external current account deficit;annual average growth rate;wage increase;access to capital;consumer price index;tourism sector;labor productivity;unit labor costs;regulation of price;exchange rate index;fluctuation in demand;private sector initiative;gross domestic product;apparel industry;air access;foreign exchange;cheap labor;Agriculture;loss of competitiveness;interest rate structure;food crop production;agriculture and industry;decline in productivity;diversification of agriculture;supply of labor;social security tax;provision of information;agricultural export diversification;balance of payment;bilateral exchange rate;degree of concentration;decline in inflation;domestic food production;reduction in unemployment;rules of origin;consumer purchasing power;wages and salary;movement of labor;human resource management;weights and measure;structure of incentive;rapid export growth;average exchange rate;average monthly earnings;net foreign exchange;nominal exchange rate;bed occupancy rate;length of stay;cost of labor;foreign exchange regulation;personal income tax;effect of price;central government revenue;central government subsidies;access to finance;number of tourists;management of capital;preferential access;foreign currency;upward pressure;Labor Market;cut flower;hotel rooms;agricultural sector;garment industry;import duty;sugar sector;sugar production;agricultural diversification;labor shortage;minimum wage;capital good;hotel industry;raw material;transfer market;state policy;annual wage;special incentives;wage policy;regulatory regime;wage index;tropical fruit;international competitiveness;export market;parastatal sector;preferential treatment;government intervention;nominal wage;increase productivity;air freight;tourism promotion;adjustment effort;prudent macro;selective intervention;production base;tourism demand;productive use;export expansion;support policy;labor-intensive industry;labor resource;emerging industries;red tape;Higher Education;higher grade;wage determination;market force;Vocational Training;industrial dispute;Annual Pay Increase;wage setting;fringe benefit;conversion factor;beneficial impact;currency depreciation;massive increase;environmental degradation;future prospect;social impact;skill category;high profitability;imported inputs;gradual depreciation;distribution margin;administrative arrangement;productivity gain;inflationary expectation;monetary policy;declining unemployment;minimum level;clearance time;consumer good;consumer goods;government decree;consumption subsidies;Exchange Rates;wage level;productivity increase;tourist industry;manufacturing sector;start-up capital;customs regime;Tax Holiday;corporate profit;investment incentive;tissue culture;domestic demand;investment fund;target market;affluent population;sugarcane production;foreign market;preferential trade;export industry;leather good;optical goods;Capital Investments;private investor;individual decision;public expenditure;excise tax;real gdp;import control;tourism industry;international standard;free access;trade regime;improved resource;potential investor;credit expansion;international economy;manufactured export;cultivated area;duty-free entry;price fluctuation;world market;marginal land;fruit fly;exceptional circumstance;put pressure;world economy;macroeconomic situation;real wage;fruit tree;monetary survey;firm level;merchandise export;merchandise import;support infrastructure;sports facilities;air fare;market diversification;tourism planning;export earning;skill requirement;Financial Stability;heavily dependent;agricultural strategy;efficiency considerations;scarce resource;import substitution

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