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The Mauritian Success Story and its Lessons

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  • Subramanian, Arvind

Abstract

This paper examines different explanations.initial conditions, openness to trade and FDI, and institutions.of the Mauritian growth experience since the mid-1970s. We show that arguments based on openness to trade and FDI are either misleading or incomplete. Even when correctly articulated, openness appears to be a proximate rather than an underlying explanation for the Mauritian experience. The institution-based explanation offers greater promise. Ultimately, however, the econometric results indicate that existing explanations may be incomplete. Some idiosyncratic factors, particularly Mauritian diversity and the responses to managing it, may provide the missing pieces in the story of Mauritius.s success.

Suggested Citation

  • Subramanian, Arvind, 2009. "The Mauritian Success Story and its Lessons," WIDER Working Paper Series 036, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:rp2009-36
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    File URL: http://www.wider.unu.edu/sites/default/files/RP2009-36.pdf
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    Cited by:

    1. Katsiaryna Svirydzenka & Martin Petri, 2017. "Mauritius: The Drivers of Growth – Can the Past Be Extended?," Journal of Banking and Financial Economics, University of Warsaw, Faculty of Management, vol. 2(8), pages 54-83, October.
    2. Tarron Khemraj, 2016. "The Political Economy of Guyana’s Underdevelopment," The Review of Black Political Economy, Springer;National Economic Association, vol. 43(3), pages 325-342, December.
    3. Oleg Badunenko & Daniel Henderson & Romain Houssa, 2014. "Significant drivers of growth in Africa," Journal of Productivity Analysis, Springer, vol. 42(3), pages 339-354, December.
    4. Danquah, Michael & Ouattara, Bazoumana, 2015. "What drives national efficiency in sub-Saharan Africa," Economic Modelling, Elsevier, vol. 44(C), pages 171-179.
    5. repec:eee:tefoso:v:122:y:2017:i:c:p:24-33 is not listed on IDEAS
    6. Romain Houssa & Oleg Badunenko & Daniel J. Henderson, 2010. "Explaining African Growth Performance: A Production-Frontier Approach," Working Papers 1013, University of Namur, Department of Economics.
    7. Antonio David & Martin Petri, 2013. "Inclusive Growth and the Incidence of Fiscal Policy in Mauritius; Much Progress, But More Could be Done," IMF Working Papers 13/116, International Monetary Fund.
    8. Zenthöfer, A.F., 2011. "The Resource Curse - A Natural Experiment," Discussion Paper 2011-028, Tilburg University, Center for Economic Research.
    9. Zenthöfer, A.F., 2013. "Essays on development economics," Other publications TiSEM 356d10eb-9dfe-44c4-a270-6, Tilburg University, School of Economics and Management.

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    Keywords

    Mauritius; growth; institutions; openness;

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