Economics and Finance in Mauritius A Modern Perspective
This book offers a comprehensive assessment of the Mauritian economy and its financial system. The author investigates the pre- and post- crisis financial and economic environment of Mauritius thoroughly and looks to the future potential development of th
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Economics and Finance in Mauritius
Indranarain Ramlall
Economics and Finance in Mauritius A Modern Perspective
Indranarain Ramlall University of Mauritius Moka, Mauritius
ISBN 978-3-319-39434-3 ISBN 978-3-319-39435-0 (eBook) DOI 10.1007/978-3-319-39435-0 Library of Congress Control Number: 2016948430 © The Editor(s) (if applicable) and The Author(s) 2017 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Cover image © Peter Hermes Furian / Alamy Stock Photo Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Dedicated to my parents, to all those who are striving hard for a better world and to God. Noble people use their intelligence, knowledge, time and efforts to create things for the betterment of the society and the world. Certain people use their intelligence and knowledge to backstap other people or to create hurdles in the advancing path of the noble people. Just imagine how world would have been if all people were noble! An unknown knowledge seeker.
This book breaks new ground in Mauritius, bears testimony to the author’s dedication to a thorough understanding of the various components of the economic and financial sectors. Academic researchers and students will have ample opportunities to wade through the calculations in support of the findings, whereas policy-makers will have food for thought, and possibly action, in the light of those findings. —Pierre Dinan, Fellow of the Institute of Chartered Accountants in England and Wales.
Preface
This book seeks to provide a comprehensive analysis of the economic and financial conditions of Mauritius. A rigorous analysis of the financial sector of Mauritius is provided, incorporating the banking sector, the stock market, and monetary policy, as well as the capital structure of Mauritian firms. The author not only
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