Mauritius is 1st in Africa via Global Competitiveness

Mauritius ranks 1st in Africa and occupies the 45th place worldwide, according to the world Global Competitiveness Report 2013-14 of the World Economic Forum (WEF) entitled: Strengthening Recovery by Raising Productivity, released last week. The country is presently the highest ranked in the sub-Saharan region after having moved nine places from its previous ranking at the 54th position in the last Global Competitiveness Report 2011-12, despite the fact that this region continues to face the biggest competitiveness challenges of all regions. The 2013-14 report which assesses 148 economies across the world, based on 12 pillars of competitiveness, justifies Mauritius’ success by attributing it to several factors which have been determining for the country to record a fairly good performance in all the indices. Mauritius, says the report, has benefitted from relatively strong and transparent public institutions (39th) and clear property rights, strong judicial independence, and an efficient government (29th). According to the report,