Who Can Explain the Mauritian Miracle: Meade, Romer, Sachs or Rodrik?

By Arvind Subramanian, D. Roy. Social Science Research Network, 2001

216 citations recorded by the source corpus.

This paper examines different explanations--initial conditions, openness to trade and FDI, and institutions--of the Mauritian growth experience since the mid-1970s. We show that arguments based on openness to trade and FDI are either misleading or incomplete, and the transmission mechanism insufficiently identified. However, even when correctly articulated, openness appears to be a proximate rather than an underlying explanation for the Mauritian experience. The institution-based explanation offers greater promise. Ultimately, however, the econometric results indicate that existing explanations may be incomplete. Some idiosyncratic factors, particularly Mauritian diversity and the responses to managing it, may provide the missing pieces in the story of Mauritius's success.

View Paper: https://www.semanticscholar.org/paper/d947f3793fb6571bb1c44e9f3bf4a78fe9321cb4

Citations in the corpus

• Performance of export processing zones: a comparative analysis of India, Sri Lanka and Bangladesh (2005, unknown): “Though there have been case studies to analyse successes and failures of the zones ( Watson 2001, Subramanian and Roy 2001, Madani 1999, Hinkle et al. 2003, Ferrerosa 2003, OTA 2003) few have attempted to empirically analyse the factors critical to the zone success in a comprehensive framework .”