Advanced Search
MyIDEAS: Login to save this paper or follow this series

Can the Mauritian Miracle continue? - The role of financial and ICT services as prospective growth drivers

Contents:

Author Info

  • Arielle Joseph
  • Bernhard Troester
Registered author(s):

    Abstract

    This paper presents the prospective sectors for further economic growth in Mauritius. We approach this by firstly tracing the historical development of Mauritius and providing explanations for the growth experienced. This is used as the basis for the analysis of the country’s current economic situation from which we infer that future growth may not be as promising as the historical growth path, thereby, implying that there may be a real threat of the ‘middle income trap’. However, through the analysis of the current situation two potential strategic growth sectors are identified: financial intermediation and information and communications technology. These two sectors are presented with their main components and their present and prospective contribution to economic growth in Mauritius is explored. Our conclusion from the discussion presented is that, although, the growth prospects are clear for the two identified sectors, their impact might be limited and the hindrance to further economic growth may extend beyond these two strategic sectors. Ultimately, it is the continued current account deficit and key structural problems which can severely impact the sustainable growth of the island state.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://finance-and-trade.htw-berlin.de/fileadmin/working_paper_series/wp_01_2013_Joseph_Troester_Can_the_Mauritian_Miracle_continue.pdf
    File Function: First version, 2013
    Download Restriction: no

    Bibliographic Info

    Paper provided by Hochschule fuer Technik und Wirtschaft, Berlin in its series Competence Centre on Money, Trade, Finance and Development with number 1301.

    as in new window
    Length: 105 pages
    Date of creation: Apr 2013
    Date of revision:
    Publication status: Published in Berlin Working Papers on Money, Finance, Trade and Development, April 2013
    Handle: RePEc:mtf:wpaper:1301

    Contact details of provider:
    Web page: http://finance-and-trade.htw-berlin.de

    Related research

    Keywords: working paper; daadpartnership; finance-and-trade;

    This paper has been announced in the following NEP Reports:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Daron Acemoglu & Simon Johnson & James A. Robinson, 2000. "The Colonial Origins of Comparative Development: An Empirical Investigation," NBER Working Papers 7771, National Bureau of Economic Research, Inc.
    2. Jeffrey Sachs & Andrew Warner, 1995. "Economic Reform and the Progress of Global Integration," Harvard Institute of Economic Research Working Papers 1733, Harvard - Institute of Economic Research.
    3. Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2004. "Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development," Journal of Economic Growth, Springer, vol. 9(2), pages 131-165, 06.
    4. Esther C. Suss & Oral Williams & Chandima Mendis, 2002. "Caribbean offshore Financial Centers," IMF Working Papers 02/88, International Monetary Fund.
    5. Sanjeev Sobhee, 2009. "The economic success of Mauritius: lessons and policy options for Africa," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 12(1), pages 29-42.
    6. Barry Eichengreen & Donghyun Park & Kwanho Shin, 2012. "When Fast-Growing Economies Slow Down: International Evidence and Implications for China," Asian Economic Papers, MIT Press, vol. 11(1), pages 42-87, February.
    7. Sanjeev Sobhee, 2009. "The economic success of Mauritius: lessons and policy options for Africa," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 12(1), pages 29-42.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:mtf:wpaper:1301. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Prof. Dr. Sebastian Dullien).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.