01881cas a2200253 a 4500 AALejournalIMF007940 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451853933 1018-5941 BD-DhAAL BD-DhAAL Subramanian, Arvind. Who Can Explain The Mauritian Miracle : Meade, Romer, Sachs or Rodrik? / Arvind Subramanian, Devesh Roy. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (42 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 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. Mode of access: Internet Roy, Devesh. IMF Working Papers; Working Paper ; No. 2001/116 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/116/001.2001.issue-116-en.xml IMF e-Library