01725cas a2200253 a 4500 AALejournalIMF002695 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451874860 1018-5941 BD-DhAAL BD-DhAAL Yao, James. Mauritius : Unemployment and the Role of Institutions / James Yao, Calvin McDonald. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (18 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Despite strong economic growth, a "U"-curve unemployment phenomenon in Mauritius can be observed. Unemployment plunged from 21 percent to less than 4 percent between the early 1980s and the early 1990s, but this trend was reversed and the rate increased to 10 percent by end-2002. This paper provides an analytical framework to explain this development. The growth of higher-skilled sectors coupled with rigidities in the labor market seem to account for the observed unemployment behavior. Policy makers can improve employment prospects by not only investing in education to reduce skills mismatch but also by reforming the pay-setting institutions. Mode of access: Internet McDonald, Calvin. IMF Working Papers; Working Paper ; No. 2003/211 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/211/001.2003.issue-211-en.xml IMF e-Library