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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Бібліографічні деталі
Автор: Minoiu, Camelia
Інші автори: Imam, Patrick
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2008.
Серія:IMF Working Papers; Working Paper ; No. 2008/212
Онлайн доступ:Full text available on IMF
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520 3 |a 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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700 1 |a Imam, Patrick. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2008/212 
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