Mauritius: A Competitiveness Assessment

 
Author/Editor: Imam, Patrick A. ; Minoiu, Camelia
 
Publication Date: September 01, 2008
 
Electronic Access: Free Full text (PDF file size is 416KB).
Use the free Adobe Acrobat Reader to view this PDF file

 
Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
 
Summary: 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.
 
Series: Working Paper No. 08/212
Subject(s): Mauritius | Competition | Real effective exchange rates | Fiscal sustainability | Regional shocks | Commodity prices | Exports | Exchange rate regimes | Economic models

Author's Keyword(s): Mauritius | equilibrium real exchange rate | structural competitveness
 
English
Publication Date: September 01, 2008
Format: Paper
Stock No: WPIEA2008212 Pages: 33
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
Please address any questions about this title to publications@imf.org