Mauritius reigniting the engines of growth: a teaching case study - Teaching Notes
English, Philip
This case study is first and foremost about integration into the world economy, through export promotion and foreign investment, and secondly about the more complex notion of sound macroeconomic management. The export processing zone (EPZ) plays a critical role, but this case is not intended as an endorsement of EPZs as a development strategy. This case is particularly useful because it takes place in a society full of ethnic diversity, with a vibrant democracy and a strong trade union movement. The case is divided into two parts . Part 1 takes the reader to 1982, at which time the economy is in recession, the EPZ has stagnated, the government has just changed hands, and the country is in the middle of a structural adjustment program. Part 2 ends in 1994, when the country must develop a new development strategy to cope with the constraints generated by its very success. An extensive set of teaching notes is provided.
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