Mauritius: A successful Small Island Developing State

The economic upturn and performance of Mauritius is a far cry from predictions made in the 1960s. The island’s remarkable economic performance since the 1980s can be attributed to a multitude of factors instrumental to the success of the economy, including structural reforms, outward-looking export-orientated strategies, diversification in the manufacturing, tourism and financial services sectors among others, sound economic governance and institutions, and significant investment in human capital. This book attempts to provide a detailed analysis of the various key ingredients which have helped to propel Mauritius to its current status. The various chapters are essential reading for both academics and policymakers, with the final chapter providing key policy strategies which the government needs to implement in order to help Mauritius to graduate to the next level of development, namely to that of a high-income economy and, in moving out of the middle-income trap, laying the foundations for future growth and shared prosperity in the light of both domestic challenges and global constraints.