I
n the heat of globalisation, the Government of Mauritius has left no stone unturned and carried out free-market policies to the optimum. Globalisation has been taken seriously by the policy makers and is reaping good returns for the investors. While Africa was xenophobic, Mauritius preached openness, which is remarkably conspicuous in the trade growth of the country. Tariff barriers were brought down and trade relations were nurtured. Consequently, the country’s exports reaped the advantages of cheap imported inputs (duty free), which subsidised the exports. Manufacturing and industrial sector saw a tremendous increase because of the Export Processing Zone (EPZ).
For Complete IIPM Article, Click on IIPM Article
n the heat of globalisation, the Government of Mauritius has left no stone unturned and carried out free-market policies to the optimum. Globalisation has been taken seriously by the policy makers and is reaping good returns for the investors. While Africa was xenophobic, Mauritius preached openness, which is remarkably conspicuous in the trade growth of the country. Tariff barriers were brought down and trade relations were nurtured. Consequently, the country’s exports reaped the advantages of cheap imported inputs (duty free), which subsidised the exports. Manufacturing and industrial sector saw a tremendous increase because of the Export Processing Zone (EPZ).For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative
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