Mauritius: Selected Issues
International Monetary Fund
No 2008/237, IMF Staff Country Reports from International Monetary Fund
Abstract:
This Selected Issues paper assesses the external competitiveness of Mauritius over the period 1980–2007, with particular attention to the most recent years. The paper estimates the equilibrium real exchange rate using the macroeconomic balance approach, the single-equation equilibrium exchange rate approach, and the capital-enhanced equilibrium exchange rate approach. A wealth of structural competitiveness indicators are also analyzed. The findings indicate that the real exchange rate at the end of 2007 was broadly in line with its equilibrium value.
Keywords: ISCR; CR; price; nominal exchange rate; interest rate; CPI inflation; forecasting exercise; inflation distribution; Mauritian rupee; liberalization inflation development; Inflation; Price controls; Exchange rates; Consumer price indexes; Real effective exchange rates; Global; inflation process; Mauritius exchange rate; price variability; Nominal effective exchange rate; Real exchange rates (search for similar items in EconPapers)
Pages: 42
Date: 2008-07-21
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2008/237
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