Friday, March 9, 2018

A New Development Model-another perspective

(A shorter version published in Le Mauricien, 20 April 2018)

For quite some years now Mauritius has been languishing within the middle-income range, caught in a low growth trap of below 4 % due to declining investment ratios, slow manufacturing growth, limited industrial and export diversification, poor labour market conditions and an absence of structural reforms.