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The Export of Tradeable Services in Mauritius

A Commonwealth Case Study in Economic Transformation

image of The Export of Tradeable Services in Mauritius
How can developing country governments seek to initiate the economic transformation that so many desire?



For many countries the dramatic shift from low to high added-value activities will involve the export of tradeable services, particularly professional services. The authors look in detail at the services-driven economic transformation that is occurring in Mauritius, and make specific recommendations for improvements in infrastructure, human resource capacity and the regulatory environment.



The service sectors examined here – financial services, information and communication technologies, health care services, and human resources services – offer lessons that have much to teach economic planners in other developing country economies.

English

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Preface

This book describes the growth pattern of a small island economy that has over the last four decades transformed itself from a poor, mono-crop sugar economy, to a diversified services economy and become a middle-income country, overcoming the constraints of economies of scale posed by an exiguous local market. The Mauritian experience reveals that size per se is not a handicap. Ultimately, economic transformation depends on: the will and the commitment of the political class to development, mobilisation and efficient management of resources, right market positioning, investment in human capital and policy flexibility to adjust to changing circumstances.

English

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