European Parliament Library

Balance Sheet Vulnerabilities of Mauritius During a Decade of Shocks, Patrick Imam, Rainer Koehler

Contributor
Abstract
After reviewing the economic reform strategy of Mauritius for the past 10 years in the face of several external shocks, we apply a balance sheet analysis (BSA) focusing on currency, maturity, and intersectoral mismatches. In reviewing developments over this decade, we find that the currency and maturity mismatches have fallen across various sectors, and the intersectoral risks to each analyzed sector’s balance sheet appear controllable. The government has implemented reforms in recent years that have contributed to general improvement in the balance sheet of the Mauritian economy and its subsectors. We conclude that from a BSA perspective, the macroeconomic vulnerabilities of Mauritius seem manageable, though vulnerabilities remain, and data gaps mean that more work will be needed to support these findings
Table Of Contents
Cover Page; Title Page; Copyright Page; Contents; I. Introduction; 1. Terms of Trade Deterioration, 1999-2009; 2. Growth and FDI, 2002-09; II. Introducing The Balance Sheet Approach; A. What Is the Balance Sheet Approach?; B. Sectoral Breakdown of the BSA; C. Data Problems in Mauritius; D. Gaps in BSA; III. Why Balance Sheet Imbalances Can Become Destructive; A. Monetary Policy Ineffectiveness During a Balance Sheet Crisis; B. Fiscal Policy Ineffectiveness During a Balance Sheet Crisis; IV. Balance Sheet Mismatches in Mauritius; A. Aggregate Mismatch; 3. Overall Currency Mismatches, 2003-09
Language
eng
Literary Form
non fiction
Note
"June 2010"
Physical Description
1 online resource (74 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9786612846205

Library Locations

  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
    Borrow
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
    Borrow
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
    Borrow