Mauritius

World Bank Group

Mauritius

Autores

World Bank Group

Editor

World Bank, Washington, DC

Descripción

Mauritius has been a success story since independence, moving from low income to uppermiddle-income status. Close public-private partnerships facilitated private sector-led growth in astable macroeconomic and institutional environment. The government implemented an activeindustrial policy to support private sector competitiveness while exploiting global trade nichescreated by preferential access arrangements. As a result, savings were high and reinvested indiversifying the economy. Starting as a mono-cropped, inward-looking economy, Mauritiusmoved toward an export oriented and diversified economy producing textiles, tourism, financialand ICT services. Mauritius is now at a crossroads. On the one hand, it can pursue a path where reinvigorated public investment boosts economic growth and reinforced public assistance enhancesredistribution. On the other hand, it can select a path where private sector identifies constraintsfor growth and the public sector is the enabling agent that removes them, ensuring that proceedsare adequately shared by targeted assistance and improved service delivery. The Systematic Country Diagnostic (SCD) is intended to assess the priorities of Mauritius to accelerate sustainable economic growth while improving the welfare of the less well off. The SCD aims to understand why income growth among the bottom 40 percent of the population has been low relative to the average income. The SCD also addresses how the rate and structure of aggregate growth can be improved to accelerate income growth among the bottom 40 percent of the population, as well as ensure that overall growth is sustainable.

Palabras clave

TARIFFS, SURCHARGES, CONSUMPTION EXPENDITURES, FISH, UNEMPLOYMENT RATES, GOVERNMENT EXPENDITURES, ECONOMIC GROWTH, RENEWABLE RESOURCES, CARBON DIOXIDE, WASTE MANAGEMENT, DISPOSABLE INCOME, CARBON, AGRICULTURAL PRODUCTION, EXPECTATIONS, FISHERIES MANAGEMENT, PRODUCERS, RESOURCE MANAGEMENT, PROPERTY RIGHTS, BALANCE OF PAYMENTS, FINANCIAL RESOURCES, LABOR FORCE, PRICE SETTING, EMISSIONS, POLITICAL ECONOMY, REVENUES, ENVIRONMENTAL ISSUES, INCENTIVES, CARBON DIOXIDE EMISSIONS, ENVIRONMENTAL RESOURCES, CROSS SUBSIDIZATION, MODELS, REAL WAGES, SUSTAINABLE DEVELOPMENT, ECONOMIC ANALYSIS, DEVELOPED COUNTRIES, ECONOMIC ACTIVITY, ECONOMIC SUSTAINABILITY, CLIMATIC CONDITIONS, EXPLOITATION, OIL PRICES, ARABLE LAND, LABOR COSTS, OIL, IMPORT QUOTAS, NATURAL CAPITAL, POPULATION GROWTH, LABOR PRODUCTIVITY, OPTIONS, POLLUTION LEVELS, QUOTAS, MARKET LIBERALIZATION, DEBT, POLLUTION, FORESTRY, LAND RESOURCES, AQUIFERS, DIVIDENDS, POLICY DECISIONS, NATURAL RESOURCES, SUBSIDIES, EFFICIENCY, FISHING, FOOD PRODUCTION, TAXES, CANCER, ACCESS TO INFORMATION, LAND USE, EFFECTIVE USE, RESOURCES, UNEMPLOYMENT, ENERGY CONSUMPTION, EQUITY, CONSUMPTION, PRODUCTIVITY GROWTH, TECHNOLOGICAL CHANGE, WAGES, CLIMATE CHANGE, VALUES, POLICY MAKERS, ELASTICITIES, CREDIT, PURCHASING POWER, DEFORESTATION, CPI, DEMAND, SUSTAINABLE GROWTH, AGGREGATE DEMAND, PUBLIC EXPENDITURES, ELECTRICITY GENERATION, ENVIRONMENTAL TAXES, ENVIRONMENTS, EXPENDITURES, WORKING POOR, PROPERTY, TAX RATES, OPPORTUNITY COSTS, TRANSACTION COSTS, ENVIRONMENT, GLOBAL CLIMATE CHANGE, ECONOMICS, TERMS OF TRADE, MARKET COMPETITION, TAX REVENUE, FISHERIES, ECONOMIC FACTORS, ECONOMIC DEVELOPMENT, TRADE, LAND, ECONOMIES OF SCALE, COST EFFECTIVE POLICIES, DRINKING WATER, TRADE TAXES, COMMERCIAL BANKS, COAL, FARMS, REVENUE, PRIVATE CONSUMPTION, RISK MANAGEMENT, ACCELERATOR, ENVIRONMENTAL, PROFITS, LABOR MARKETS, FISHERY PRODUCTION, FISHERS, PRICES, ECONOMIC CONDITIONS, ECONOMIES, COMPETITION