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Can I read Gradual liberalization of key markets: the road to sustainable growth in Mauritius on EtoBox?
Gradual liberalization of key markets: the road to sustainable growth in Mauritius by Sunil Kumar Bundoo; Beealasingh Dabee is a Social Sciences article available to read on EtoBox.
What is Gradual liberalization of key markets: the road to sustainable growth in Mauritius about?
Mauritius has achieved sustained economic growth over the past three decades notwithstanding the limited liberalization of its foreign exchange and ®nancial markets which took place even during the adjustment period of 1979±86. Reforms in these markets have in fact been introduced gradually and have been stepped up only as from the 1990s when they were considered to be sustainable. A policy of mild exchange rate depreciation has helped to boost exports and growth; the exchange rate is currently market determined and current and capital transfers have been completely liberalized. In the ®nancial market, credit ceilings have been removed and interest rate controls have given way to open market operations. There has also been improved ®nancial intermediation, in keeping with the McKinnon±Shaw hypothesis.
Who reads Gradual liberalization of key markets: the road to sustainable growth in Mauritius?
It is typically read by researchers, students, and practitioners in Social Sciences.
- Author
- Sunil Kumar Bundoo; Beealasingh Dabee
- Publisher
- John Wiley and Sons; Wiley (John Wiley & Sons); John Wiley & Sons Inc.; Wiley; Publons (ISSN 0954-1748)
- Published
- 1999
- Language
- EN
- Field
- Social Sciences