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Mauritius: Selected Issues and Statistical Appendix

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  • International Monetary Fund

Abstract

The empirical study shows that the equilibrium real exchange rate in Mauritius has been affected by the terms of trade, as well as by other fundamental determinants. It assesses the challenges posed to Mauritius’s trade performance by the expiration of the preferential trade arrangements. It examines the empirical relationship among domestic prices, money, foreign prices, and the nominal exchange rate in Mauritius. The paper highlights Mauritius’s inflation, monetary and exchange rate policies and instruments, and also presents and estimates a model for the determination of domestic prices.

Suggested Citation

  • International Monetary Fund, 2006. "Mauritius: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2006/224, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2006/224
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    1. Clarida, Richard & Gali, Jordi, 1994. "Sources of real exchange-rate fluctuations: How important are nominal shocks?," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 41(1), pages 1-56, December.
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    6. Johansen, Soren, 1995. "Likelihood-Based Inference in Cointegrated Vector Autoregressive Models," OUP Catalogue, Oxford University Press, number 9780198774501.
    7. Mr. Peter B. Clark & Mr. Steven A. Symansky & Mr. Tamim Bayoumi & Mr. Mark P. Taylor, 1994. "Robustness of Equilibrium Exchange Rate Calculations to Alternative Assumptions and Methodologies," IMF Working Papers 1994/017, International Monetary Fund.
    8. Rebecca L Driver & Peter F Westaway, 2005. "Concepts of equilibrium exchange rates," Bank of England working papers 248, Bank of England.
    9. International Monetary Fund, 2002. "Mauritius: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2002/144, International Monetary Fund.
    10. Carare, Alina & Stone, Mark R., 2006. "Inflation targeting regimes," European Economic Review, Elsevier, vol. 50(5), pages 1297-1315, July.
    11. Mr. Mark Zelmer & Ms. Andrea Schaechter & Mr. Mark R. Stone & Ms. Alina Carare, 2002. "Establishing Initial Conditions in Support of Inflation Targeting," IMF Working Papers 2002/102, International Monetary Fund.
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    Cited by:

    1. International Monetary Fund, 2008. "Mauritius: Selected Issues," IMF Staff Country Reports 2008/237, International Monetary Fund.
    2. Ms. Camelia Minoiu & Patrick A. Imam, 2008. "Mauritius: A Competitiveness Assessment," IMF Working Papers 2008/212, International Monetary Fund.

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