We consider two countries with initially one firm in each country and the possibility for each firm to invest in the other country or commercialize its products, and for workers to immigrate (Common Labor Market; CLM). Interestingly, when firms…
Economic, financial, and social ties are strong between the European Union and its neighborhood. More resilient societies in the EU’s neighborhood would mean that they are liable to suffer less damage from regional conflicts and global crises – and…
Tourism and foreign real estate investment (FREI), both represent important sources of foreign income for some emerging nations. Mauritius, a small island economydepends largely upon tourism and it has been promoting FREI over the past two decades…
Existing approaches to the analysis of countries economic integration processes in international practice are investigated in the paper. Evaluating methodology of the long-term integration processes in the electric power sector is offered for the…
Using country-level panel data, this study investigates the impact of foreign direct investment on the gross domestic product per capita in the Common Market for Eastern and Southern Africa region over the 2000- 2015 period. The estimates are…
Executive Summary
Mauritius had its first three COVID-19 cases on 18 March 2020 and the island was under "sanitary" lockdown for two weeks. From 24 to 31 March, the country went under complete lockdown with only essential services being…
The short article provides a review of the Economy for the year 2019-2020 and also discusses the challenges ahead
The controversy whether the “fear of floating” or the “fear of capital mobility” determines a country’s foreign reserve holdings is an ongoing research debate. This issue remains unresolved in global economic and finance studies. This study has the…
Over the years, public debt has been an important source of funding the growth and development projects for developing countries. As a result, public debt size in these countries has risen substantially over the past decades. In particular, sub-…