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Achieving Development SuccessStrategies and Lessons from the Developing World$
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Augustin K. Fosu

Print publication date: 2013

Print ISBN-13: 9780199671557

Published to Oxford Scholarship Online: May 2013

DOI: 10.1093/acprof:oso/9780199671557.001.0001

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The Mauritian Success Story and its Lessons

The Mauritian Success Story and its Lessons

Chapter:
(p.204) 11 The Mauritian Success Story and its Lessons
Source:
Achieving Development Success
Author(s):

Arvind Subramanian

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199671557.003.0011

This chapter 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.

Keywords:   Mauritius, growth, institutions, openness, FDI, trade

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