Mauritius The Drivers of Growth Can the Past be Extended is popular PDF and ePub book, written by Katsiaryna Svirydzenka in 2014-07-23, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Mauritius The Drivers of Growth Can the Past be Extended can be Read Online from any device for your convenience.
Mauritius The Drivers of Growth Can the Past be Extended Book PDF Summary
Mauritius’s economic performance has been called “the Mauritian miracle” and the “success of Africa” (Romer, 1992; Frankel, 2010; Stiglitz, 2011), despite difficult initial conditions that led a Nobel Prize Winner in economics to predict stagnation (Meade, 1961). We use growth accounting to analyze the sources of past growth and project potential ranges of growth through 2033. Growth averaged 41⁄2 percent over the past 20 years. Our baseline suggests future growth rates around 31⁄4 percent, but growth could reach 4-5 percent with strong pro-active policies including (i) improving investment and savings rates; (ii) improving the efficiency of social spending and public enterprise reforms; (iii) investment in education and education reforms; (iii) labor market reforms; and (iv) further measures to reduce bottlenecks and increase productivity. With policies capable of generating 5 percent growth, Mauritius could reach high-income status in 2021, 4 years earlier than under the baseline.
Detail Book of Mauritius The Drivers of Growth Can the Past be Extended PDF
- Author : Katsiaryna Svirydzenka
- Release : 23 July 2014
- Publisher : International Monetary Fund
- ISBN : 9781498314862
- Genre : Business & Economics
- Total Page : 41 pages
- Language : English
- PDF File Size : 19,9 Mb
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Author : Katsiaryna Svirydzenka