Explaining African Economic Growth Performance : The Case of Mauritius
"The success story of Mauritius is considered a model of economic development that has the potential of changing the destiny of many developing countries. The plan of this research work is to critically analyse the factors underlying this growth. The presentation is organized as follows. In Section two an attempt is made to analyse the determinants of growth using growth regressions. Sectoral policies and their implications for growth are discussed in section three. Trade policies with particular reference to liberalization episodes are examined in the next section. In section five macroeconomic policies are evaluated with emphasis on stabilization policies. The sugar boom and symptoms of Dutch disease in the early 1970s are discussed in section six, followed by a look at the performance of different markets and response of households and firms. And then an examination of political economy issues and constraints to growth. The final section concludes."