Graduation to
High-Income Economy !!!
Mauritius, along with 14 other
developing nations, according to a World Bank study on 215 countries carried
out by research analyst Ehiwario Efeyini of the US Trust Bank of America Wealth
Management, has the potential to graduate to the elite club of high-income
economies. Indeed Mauritius, on the basis of its present model of development
and policies, can easily increase its wealth in the years ahead but it is also
likely that it may not make the transition and get trapped into the so-called
“middle income trap” as pointed out by Efeyini.
