Tinkering at the edges
(Published in L'Express August 2013)
As we go through another round of downward revision in our GDP growth rate, the easiest explanation for our lack of resilience is to blame the adverse conditions of the global economy -- the aftermath of the recession and the ongoing euro crisis that has affected growth across the world. The growth slowdown now deeply entrenched across most of the sectors of the Mauritian economy is merely a symptom of what ails Mauritius -- not the problem. A large part of the problem is the policy inertia on the domestic front.
