04349oam 22009014 450 991078831840332120230721045715.01-4623-8606-71-4527-2183-197866128416371-282-84163-71-4518-7070-1(CKB)3170000000056064(EBL)1608028(SSID)ssj0000944167(PQKBManifestationID)11573592(PQKBTitleCode)TC0000944167(PQKBWorkID)10983261(PQKB)11543345(OCoLC)460991349(MiAaPQ)EBC1608028(IMF)WPIEE2008212(EXLCZ)99317000000005606420020129d2008 uf 0engurcnu||||||||txtccrMauritius : A Competitiveness Assessment /Camelia Minoiu, Patrick ImamWashington, D.C. :International Monetary Fund,2008.1 online resource (35 p.)IMF Working PapersIMF working paper ;WP/08/212Description based upon print version of record.1-4519-1523-3 Includes bibliographical references.C. Capital-Enhanced Equilibrium Exchange Rate Approach (CHEER) 6. FEER-SE Approach: Actual vs. Equilibrium REER; 7. CHEER Approach: Actual vs. Equilibrium NER; D. External Sustainability Approach (ES); IV. Structural Competitiveness Analysis; 8. Composite Indicators of Structural Competitiveness; 9. Relative Performance on Trade Costs; V. Conclusions; References; Appendix: List of Tables; 1. Summary Statistics for FEER-MB Approach; 2. Correlates of the Current Account Balance-Panel Estimates (1980-2005); 3. Unit Root Tests for the FEER-SE Approach; 4. Unit Root Tests for the CHEER Approach5. Johansen Cointegration Test for the CHEER Approach 6. The Relative Performance of Mauritius on Trade Costs; 7. The Relative Performance of the Mauritius ICT SectorWe assess the competitiveness of Mauritius in recent years using two approaches. First, we estimate the difference between the equilibrium and the actual real exchange rate using four methods: the macroeconomic balance approach, the single-equation fundamentals approach, the capital-enhanced approach, and the external sustainability approach. The methods consistently suggest that at the end of 2007 the exchange rate was aligned with its equilibrium value. Second, we undertake a comparative analysis of structural competitiveness indicators and find that Mauritius often fares better on business climate than other small island economies and high-growth Asian economies. Nevertheless, there are areas for improvement.IMF Working Papers; Working Paper ;No. 2008/212CompetitionMauritiusEconometric modelsForeign exchange ratesMauritiusEconometric modelsEquilibrium (Economics)Econometric modelsFinance: GeneralimfForeign ExchangeimfGeneral Financial Markets: General (includes Measurement and Data)imfCurrencyimfForeign exchangeimfFinanceimfExchange ratesimfReal exchange ratesimfReal effective exchange ratesimfExchange rate arrangementsimfCompetitionimfMauritiusimfCompetitionEconometric models.Foreign exchange ratesEconometric models.Equilibrium (Economics)Econometric models.Finance: GeneralForeign ExchangeGeneral Financial Markets: General (includes Measurement and Data)CurrencyForeign exchangeFinanceExchange ratesReal exchange ratesReal effective exchange ratesExchange rate arrangementsCompetition338.6048Minoiu Camelia874355Imam Patrick1472655DcWaIMFBOOK9910788318403321Mauritius3778371UNINA