World Bank Interview: Can Mauritius rebound economically?

Extract from an interview with the World Bank whether Mauritius can rebound economically. 

Can the country rebound?

Absolutely! Our report argues that Mauritius can come back even stronger than before. But this will only happen if the crisis serves as a wake-up call to address long-standing challenges to achieve inclusive growth: unlocking more productive investment, restoring competitiveness, maintaining inclusiveness, and doing more with less public money. Mauritius is already doing many things right and most of the first-generation, wide-ranging economic reforms that could be discussed in other countries have already been implemented here over the past decades. The tricky part now is to fine-tune the functioning of these many, mostly successful, institutions and to improve policy coordination to address complex, multi-sectoral challenges in areas such as skills development, natural resource management, innovation, and investment promotion. And let us not forget that as a high-income country, Mauritius must necessarily change its benchmarks to compete with global best practices in these areas.

Consult the complete interview with Erik Von Uexküll (World Bank Senior Country Economist)

Jul 3, 2021

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