The Mauritian Success Story and its Lessons

Arvind Subramanian

No RP2009-36, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper 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.

Keywords: Commerce; Economic development; Economic policy; Institutional economics; International economic relations (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-afr and nep-dev
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Citations: View citations in EconPapers (21)

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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2009-36

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