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Annex IMF Executive Board Discussion of the Outlook, September 2009 »
Source: World Economic Outlook, October 2009 : Sustaining the Recovery
Series: World Economic Outlook
Author(s): International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 October 2009
ISBN: 9781589068070
Keywords: monetary policy, current account, inflation, banking crises, banking
Executive Directors welcomed signs that the global economy appears to be recovering and that financial conditions have improved markedly. Decisive and wideranging public interventions in key advanced economi...
Chapter 2 Country and Regional Perspectives »
Source: World Economic Outlook, October 2009 : Sustaining the Recovery
Series: World Economic Outlook
Author(s): International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 October 2009
ISBN: 9781589068070
Keywords: monetary policy, current account, inflation, banking crises, banking
The U.S. Economy Is Stabilizing as the Crisis Subsides The U.S. economy is showing increasing signs of stabilization. Output declined substantially during the first half of 2009, and...
CHAPTER 7. Financial System and Institutions »
Source: Mauritius : Challenges of Sustained Growth
Series: IMF Special Issues
Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 10 March 2005
ISBN: 9781589064164
Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking
Mauritius has one of the more sophisticated financial systems in Africa, a system that is soundly capitalized and profitable. Assets of the banking system represent about 100 percent of GDP. While the financ...
CHAPTER 6. Fiscal Developments »
Source: Mauritius : Challenges of Sustained Growth
Series: IMF Special Issues
Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 10 March 2005
ISBN: 9781589064164
Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking
Over the past 25 years, Mauritius’s public finances have experienced three distinct phases: large fiscal deficits in the early 1980s, followed by a period of fiscal consolidation and discipline during the la...
Chapter 1 Global Prospects and Policies »
Source: World Economic Outlook, October 2009 : Sustaining the Recovery
Series: World Economic Outlook
Author(s): International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 October 2009
ISBN: 9781589068070
Keywords: monetary policy, current account, inflation, banking crises, banking
The Global Recession Is Ending The global economy appears to be expanding again, pulled up by the strong performance of Asian economies and stabilization or modest recovery elsewhere...
CHAPTER 5. Labor Market and Educational System »
Source: Mauritius : Challenges of Sustained Growth
Series: IMF Special Issues
Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 10 March 2005
ISBN: 9781589064164
Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking
Despite strong economic growth, averaging just below 6 percent per year over the last two decades, a “U”-curve phenomenon of Mauritian unemployment can be observed (Figure 5.1). The unemployment rate plunged...
Chapter 3 Lessons for Monetary Policy from Asset Price Fluctuations »
Source: World Economic Outlook, October 2009 : Sustaining the Recovery
Series: World Economic Outlook
Author(s): International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 October 2009
ISBN: 9781589068070
Keywords: monetary policy, current account, inflation, banking crises, banking
The current crisis gives occasion to revisit an old question: should monetary policy be used to prevent asset price busts? The question has at least three aspects, each of which is addressed in this chapter....
CHAPTER 9. Medium-Term Challenges and Concluding Remarks »
Source: Mauritius : Challenges of Sustained Growth
Series: IMF Special Issues
Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 10 March 2005
ISBN: 9781589064164
Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking
The Factors Behind Sustained Growth The discussion in the previous chapters leads to some key conclusions. First, the Mauritian growth performance since the 1970s has been exceptiona...
CHAPTER 2. Outstanding Growth Performance »
Source: Mauritius : Challenges of Sustained Growth
Series: IMF Special Issues
Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 10 March 2005
ISBN: 9781589064164
Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking
Mauritius’s Initial Conditions Mauritius is a small island economy in a remote section of the Indian Ocean. The island was visited by Malays, Arabs, and Portuguese in the sixteenth c...
CHAPTER 1. Overview »
Source: Mauritius : Challenges of Sustained Growth
Series: IMF Special Issues
Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 10 March 2005
ISBN: 9781589064164
Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking
The purpose of this paper is to present the remarkable achievements of the economy of Mauritius since independence, and to highlight the factors that have made this performance possible. The record is impres...