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Using data from three household surveys, we review whether growth in Mauritius was inclusive and discuss the incidence … of public expenditures and taxes. Generally, Mauritius enjoys an even income distribution and low rates of poverty … is the main contributor to inequality in Mauritius. Social protection expenditures reduce poverty and inequality, but …
Persistent link: https://www.econbiz.de/10011242301
The article reviews Mauritius’ developments and its macroeconomic policies for the imminent years. Growth has been flexible in these years but the postglobal crisis period did not show any remarkable developments. The country was heavily dependent on European exports and vulnerable to...
Persistent link: https://www.econbiz.de/10011244055
Mauritius declined in 2013, despite the public sector wage increases. The unemployment rate was unchanged compared with 2012 at … with the Bank of Mauritius accumulating additional net international reserves. The structural primary deficit was broadly …
Persistent link: https://www.econbiz.de/10011244558
productivity. With policies capable of generating 5 percent growth, Mauritius could reach high-income status in 2021, 4 years …
Persistent link: https://www.econbiz.de/10011142138
related to poor air quality, urban road congestion, and greenhouse gases. This paper takes a case study, focused on Mauritius …
Persistent link: https://www.econbiz.de/10009151204
After reviewing the economic reform strategy of Mauritius for the past 10 years in the face of several external shocks … conclude that from a BSA perspective, the macroeconomic vulnerabilities of Mauritius seem manageable, though vulnerabilities …
Persistent link: https://www.econbiz.de/10008560418
monetary policy on output and prices for Mauritius, using data for 1999-2009. The results show that (i) an unexpected monetary … policy tightening-an increase in the Bank of Mauritius policy interest rate-leads to a decline in prices and output but the …
Persistent link: https://www.econbiz.de/10008519482
EXECUTIVE SUMMARY Context. Sri Lanka’s economy has navigated recent market turbulence relatively well. Growth has remained solid, inflation is in mid-single digits, and the current account deficit has narrowed. From mid-May, the exchange rate came under pressure as market expectations of...
Persistent link: https://www.econbiz.de/10011242930
EXECUTIVE SUMMARY Sri Lanka’s 2009 Stand-By Arrangement was initiated at the onset of the global financial crisis. It also coincided with the ending of the country’s decades-old civil conflict. This unusual combination of circumstances made the program subject to very high economic...
Persistent link: https://www.econbiz.de/10011244058
KEY ISSUES Context. Macroeconomic performance has generally exceeded expectations. Real GDP grew 7.3 percent for 2013, up from 6.3 percent in 2012. Inflation declined to below 5 percent, and the external current account balance has improved. Private credit growth has been slow, however, a number...
Persistent link: https://www.econbiz.de/10011245192