By Deva Armoogum “If people ate truly nutrient-rich food out of healthy soil, you would slash the national health bill straight away. The big chemical companies and big food companies know exactly what they are doing. It is now causing millions of deaths – tell me why that is not genocide?” Dr Charles Massy [...]
By Mubarak Sooltangos In the previous issue of Conjoncture, the ineffectiveness of interest to promote savings, to beef up economic activity by supposedly encouraging investments, to discourage borrowing for consumption, to control inflation and to support national currencies were demonstrated. In this present paper, the harmful side of interest will be analysed, namely its [...]
Par Eric Ng Ping Cheun Interview dans Mauritius Times du 19 mars 2021 Le gouvernement mauricien a rendu obligatoire la vaccination contre le Covid-19 pour les personnels de la santé et de l’éducation. Une telle mesure pose un dilemme éthique en ce sens qu’il convient de garantir à la fois la liberté personnelle de choisir [...]
By Amit Bakhirta “The inherent vice of Capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of Miseries…” Winston Churchill A budget is merely a consolidation of the means to achieve a nation’s vision, or rather an executive’s vision for the country. It sets public policies as [...]
By Sameer Sharma On the face of it, the Consultation Paper of the Information and Communication Technologies Authority (ICTA) regarding the amendments to the ICT Act for regulating the use and addressing the abuse and misuse of social media in Mauritius seems to be attempting to fight a noble cause. A closer reading of [...]
By Mubarak Sooltangos The world is so deeply entrenched in a monetary system where interest holds a key role, and all economics and finance professionals, worldwide, are so subdued to the paradigm that the doctoring of interest rates can change a national economy for the better that my attempt to prove the contrary may [...]
Par Eric Ng Ping Cheun Interview dans Mauritius Times du 19 mars 2021 La crise sanitaire et le deuxième confinement provoquent beaucoup d’angoisse, surtout au sein de la population active. Les citoyens craignent les répercussions à différents niveaux : la fermeture d’entreprises, l’épuisement de l’épargne et la réduction de la capacité de consommation, entre autres. Les [...]
By Vidur Ramdin When Covid-19 struck last year, it forced societal changes around the globe. Nearly overnight, governments issued orders that limited large gatherings of people, restricted in-person business operations, and encouraged people to work from home as much as possible. In response, businesses and schools alike began to look for ways to continue their [...]
By Amit Bakhirta “Do not save what is left after spending, but spend what is left after saving…” - Warren Buffet Mauritius faces more severe long-term economic scarring than Moody's anticipated a year ago, which will reduce both economic and fiscal strength. Indeed. We today highly appreciate a first indication that our borders shall [...]
By Dhanesh Narroo Fiscal policy dictates the fundamentals of the economy and governments are tasked with regulating the economy to achieve desired targets. Unemployment, economic growth and price stability are three consequential areas of fiscal policy that are crucial to the economy. However, politicians often distort figures and definitions so as to satisfy their [...]
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