Mauritius: Selected Issues

Author: International Monetary Fund

Volume/Issue: Volume 2008 Issue 237

Publication date: July 2008

ISBN: 9781451827859

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Finance , Inflation , Economics- Macroeconomics , 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

Also of interest

Grenada

Nepal

Peru

Republic of Congo : 2001 Article IV

Summary

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.