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 [...]
Par Amit Bakhirta « Inventez-vous, puis réinventez-vous. » Charles Bukowski L’année 2020 a indubitablement été une année qui a ramené notre monde à une réalité oubliée mais aussi brutalement réelle : celle de la supériorité de la nature sur l’humanité. Elle nous a très certainement rappelé que nous restons humblement vulnérables à son évolution, à [...]
By Eric Ng Ping Cheun Policymakers, in Mauritius as elsewhere, have been pumping money into the economy in a bid to mitigate the disastrous impact of the Covid-19, let alone to restore economic growth. Such a policy is based on the monetarist assumption that more money always leads to more spending. Still, Mauritius’ real [...]
By Sameer Sharma As we look forward to 2021 and to the prospect of vaccines allowing us to get our lives back in order, from an economic standpoint at least, the world economy has recovered well and the COVID impact is looking shallower than what was initially thought. When applying non-linear machine learning ensemble [...]
By Mubarak Sooltangos The world is holding its breath. Have we found the panacea that will defeat COVID-19? If we think that vaccination will harness Covid-19 to manageable levels or even eradicate it, enough damage has already been done to national and world economies to rock the world’s finances. We are probably at the [...]
By Devesh Dukhira This year has been especially marked by the Covid-19 lockdown and its severe impact on the Mauritian economy. We should, at the outset, highlight the resilience shown by the sugar industry during these difficult times: not only the cane continues to grow, but market demand has been least affected. We shipped [...]
By Mubarak Sooltangos The prime aim of democracy is said to be “government by the people”. Democracy in the world is quite widespread and commonly acknowledged as being a means of giving power to the people. But in actual practice, where in the world, are countries ruled by their people? There are of course, in [...]
Par Eric Ng Ping Cheun La crise due au Covid-19 est sans précédent. C’est une crise dense et à plusieurs facettes, culturelle, sociale et économique, avec des effets pérennes. Culturelle, parce que le coronavirus nous oblige, par les gestes barrières (distanciation sociale et port du masque), à reconfigurer notre vie personnelle et professionnelle. Sociale, [...]
By Sameer Sharma The restart of economic activity globally has broadened and is still running moderately ahead of expectations in developed markets. This is reflected in trends seen in high frequency economic and alternative data which pushed the likes of the International Monetary Fund (IMF) to upgrade the near term global growth outlook for developed economies in particular in [...]
By Sameer Sharma Aristotle’s favoured form of government was the rule by the best over the rest, an aristocracy based on merit rather than blood. The philosopher even thought that a good monarchy was better than a democracy. Aristotle’s key objection to democracy was that it undermined the rule of law. To say that a state [...]
Stay In Touch