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January 23, 2006

You've just become Finance Minister of Mauritius. What now?

It's 1982. 

Your party, after years in opposition, has won the election and taken office as a part of a coalition.  You...have been made Minister of Finance.

But things are not good.  Growth in the economy's three key sectors (sugar, the export processing zone, and tourism) has stalled, unemployment is high, real wages have been dropping, the budget deficit is very high, and Mauritius is involved in a structural adjustment program with the IMF and World Bank.

What are you going to do?

Let Philip English set the stage and put you on it, in the World Bank publication: Mauritius. Reigniting the Engines of Growth. A Teaching Case Study.

Here's the teachers note: Mauritius.  Reigniting the Engines of Growth.  A Teaching Case Study.  Teaching Notes.

What you can't know in 1982 is that great days are ahead.

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