Mauritius : A Competitiveness Assessment /

We assess the competitiveness of Mauritius in recent years using two approaches. First, we estimate the difference between the equilibrium and the actual real exchange rate using four methods: the macroeconomic balance approach, the single-equation fundamentals approach, the capital-enhanced approac...

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Detalhes bibliográficos
Autor principal: Minoiu, Camelia
Outros Autores: Imam, Patrick
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2008.
coleção:IMF Working Papers; Working Paper ; No. 2008/212
Acesso em linha:Full text available on IMF
Descrição
Resumo:We assess the competitiveness of Mauritius in recent years using two approaches. First, we estimate the difference between the equilibrium and the actual real exchange rate using four methods: the macroeconomic balance approach, the single-equation fundamentals approach, the capital-enhanced approach, and the external sustainability approach. The methods consistently suggest that at the end of 2007 the exchange rate was aligned with its equilibrium value. Second, we undertake a comparative analysis of structural competitiveness indicators and find that Mauritius often fares better on business climate than other small island economies and high-growth Asian economies. Nevertheless, there are areas for improvement.
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Descrição Física:1 online resource (33 pages)
Formato:Mode of access: Internet
ISSN:1018-5941
Acesso:Electronic access restricted to authorized BRAC University faculty, staff and students