But by 1988, with the success of the EPZ sector, more favourable terms of trade and falling oil prices, those dark clouds had dissipated and near full-employment was reached. The relative success of Mauritius which is evident in a regional perspective, was not dependent on a single factor or a formula that could be replicated elsewhere.
Adverse shocks from these two sources have, as you all know, often led to high inflation, which in turn becomes a risk to sustainable high growth. Higher agricultural productivity and adequate investment to increase the supply of protein rich food items would require a new revolution, driven by new technology and additional investment.