IMF Staff Country Reports

Mauritius: Selected Issues

Publication Date:

July 21, 2008

Electronic Access:

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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.

Series:

Country Report No. 2008/237

Subject:

Consumer price indexes Exchange rates Foreign exchange Inflation Nominal effective exchange rate Price controls Prices Real effective exchange rates Real exchange rates