Showing posts with label Rural economy. Show all posts
Showing posts with label Rural economy. Show all posts

Jun 20, 2014

Agricultural Transformation - The Case for Mauritius

A workshop to validate the draft Mauritius Country Case Study Report entitled “Rethinking Africa’s Agricultural and Rural  Transformation  in  the  Global  Context:  Challenges,  Opportunities  and  Strategic  Policy  Options - The  Case of Mauritius”, was held in 17 June 2014.  The United Nations Economic Commission for Africa had commissioned the Study  in five countries, namely, Ethiopia, Ivory Coast, Ghana, Botswana and Mauritius, with a view to supporting the African Union, its institutions and Member States. 

The Report highlights the successful transformation of Mauritius from a low income per capita agro-based economy dominated by sugar to an upper middle income country due to prudent fiscal policies, macro-economic reforms and management and export diversification. 

The Study has also revealed that Mauritius has satisfied the five conditions underpinning the successful agricultural transformation, namely macro-economic and political stability, access to lucrative markets, transfer of knowledge, strongly protected ownership rights and employment creation and generation of income in the non-farm sectors.