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Economy Of Mauritius
The economy of Mauritius is a mixed developing economy based on agriculture, exports, financial services, and tourism. Since the 1980s, the government of Mauritius has sought to diversify the country's economy beyond its dependence on just agriculture, particularly sugar production. Overview In 1961, Professor James Meade painted a bleak picture of the economic prospects of Mauritius, which then had a population of 650,000. All the disadvantages associated with smallness of island states weighed heavily in his conviction that Mauritius was caught in a Malthusian trap and, therefore, if economic progress could at all be achieved, it would be to a very limited extent. Since independence in 1968, Mauritius has developed from a low-income, agriculturally based economy to an upper-middle income diversified economy with growing industrial, financial, ICT and tourist sectors. For most of the period, annual growth has been roughly 4%. This compares very favorably with other sub-Saharan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Port Louis
Port Louis (french: Port-Louis; mfe, label= Mauritian Creole, Polwi or , ) is the capital city of Mauritius. It is mainly located in the Port Louis District, with a small western part in the Black River District. Port Louis is the country's economic, cultural and political centre, and most populous city. It is administered by the Municipal City Council of Port Louis. According to the 2012 census conducted by Statistics Mauritius, the population was 147,066. History Port Louis was used as a harbour by the Dutch settlers from 1606, when they started to refer to the area as ''Harbour of Tortoises''. In 1736, under French government, it became the administrative centre of Mauritius and a major reprovisioning halt for French ships during their passage between Asia and Europe, around the Cape of Good Hope. The Port is named in honour of King Louis XV. During this period of French colonization, Mauritius was known as Ile de France. The French governor at that time, Bertrand-Fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
