Friday, March 25, 2011

Titbits:International Financial Services; Exceptional circumstances ...; Central Bank‘s independence ; Model-building techniques; Labour-Market Flexibility.

International Financial Services: The Way Forward

 
 We have carved out a comfortable niche in the world of international financial services thanks to our expanding tax treaty networks, a reputable offshore jurisdiction, its strategic location between the Far East and the European time zones, and its membership of major regional trading blocs.

Friday, March 18, 2011

Should the Central Bank raise interest rates?

Business, industry, investors and the street are expecting monetary action from the Central Bank to rein in inflation. It is widely expected to raise the Repo Rate by a minimum of 25 basis points.

Friday, March 11, 2011

Much Ado About Planning

 After the drubbings that the TINAwallahs (There is no alternative) got in Budget 2011, though a censorious dismantling of their main neo-liberal policies that were blindly tried on the populace, we expected them to evaporate in thin air or scatter to the far end of the horizon blown by the winds of change. But even if things change, they tend to remain the same.

Friday, February 25, 2011

Household Budget Surveys: A Deeper Analysis

In these very columns, reference was made by the Director of Communication of the Labour Party to the different Household Budget Surveys (HBS) that are carried out every five years to show that the Labour Party has retained its core progressive ideology.

Friday, February 18, 2011

Assessment of the Monetary Policy Stance

I was surprised to note the facility with which one top economist , interviewed in this very paper, blamed the resurgence of inflation, coming back with a vengeance, to Budget 2011.

Wednesday, January 26, 2011

Corporate Governance and Communication with Stakeholders

1.    I thank the organisers of this Workshop namely the newly instituted Office of Public Sector Governance for bestowing on me this great opportunity to launch this workshop and share with you some of my own views and experience relating to corporate governance, particularly in the Mauritian context.

Sunday, December 12, 2010

Post-budget 2011 – The Monetary Policy Stance

At its last meeting which was held in September 2010, the Monetary Policy Committee (MPC) of the Bank of Mauritius unanimously decided to cut the Key Repo Rate by 100 basis points to 4.75 per cent. The main arguments put forward were that with inflation remaining subdued in the domestic market and given the weakening growth prospects in the country’s main export markets, substantial monetary easing was necessary to give further support to the ongoing economic restructuring and provide the opportunity for embarking on a major drive to improve productivity and national competitiveness.