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  • Global Economic Prospects - January 2021
    The global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. A recovery, however, will likely be subdued, unless policy makers move decisively to tame the pandemic and implement investment-enhancing reforms, the World Bank says in its January 2021 Global Economic Prospects. Although the global economy is growing again after a 4.3% contraction in 2020, the pandemic has caused a heavy toll of deaths and illness, plunged millions into poverty, and may depress economic activity and incomes for a prolonged period.
    As severe crises did in the past, the pandemic is expected to leave long lasting adverse effects on global activity. It is likely to worsen the slowdown in global growth projected over the next decade due to underinvestment, underemployment, and labor force declines in many advanced economies.

    Policymakers need to continue to sustain the recovery, gradually shifting from income support to growth-enhancing policies. In the longer run, in emerging market and developing economies, policies to improve health and education services, digital infrastructure, climate resilience, and business and governance practices will help mitigate the economic damage caused by the pandemic, reduce poverty and advance shared prosperity. In the context of weak fiscal positions and elevated debt, institutional reforms to spur organic growth are particularly important. We should seize the opportunity to lay the foundations for a durable, equitable, and sustainable global economy.”

    Regional Outlooks:
    East Asia and Pacific: Growth in the region is projected to accelerate by 7.4% in 2021.
    Europe and Central Asia: The regional economy is forecast to grow by 3.3% this year.
    Latin America and the Caribbean: Regional economic activity is expected to grow by 3.7% in 2021.
    Middle East and North Africa: Economic activity in the Middle East and North Africa is forecast to advance by 2.1% this year.
    South Asia: Economic activity in the region is projected to expand by 3.3% in 2021.
    Sub-Saharan Africa: Economic activity in the region is on course to rise by 2.7% in 2021. For more, see regional overview.
    Download the Global Economic Prospects Report.
    Download the Global Economic Prospects January 2021 Regional Overview.

  • Worldwide Cost of Living 2020-How is Covid-19 affecting the prices of consumer goods?
    The prices of 138 goods and services in about 130 major cities as at September 2020, has risen by just 0.3 points on average over the past year.
    The three most expensive cities in the world are Hong Kong, Zurich (Switzerland) and Paris (France). Zurich and Paris have overtaken Singapore and Osaka (Japan), which have slipped down the rankings.
    Cities in the Americas, Africa and Eastern Europe have become less expensive since last year, while Western European cities have become costlier. This partly reflects a rise in European currencies against the US dollar.
    Of the ten categories covered by this report, tobacco and recreation (including consumer electronics) have seen the biggest price increases since last year, while clothing prices have seen the steepest decline.
    Download the report here.

  • 2020 Ibrahim Index of African Governance
    In Overall Governance, Mauritius maintains the top position in 2019 for the 10th consecutive year with a score of 77.2.
    Moving in the opposite direction, Mauritius’s Overall Governance score declines at an increasing rate, driven by weakening social protection and deteriorating human rights.
    The 2019 African average score for Overall Governance fell -0.2 points registering the first year-on-year score deterioration since 2010. This recent decline is triggered by worsening performance in three of the four IIAG categories: Participation, Rights & Inclusion, Security & Rule of Law and Human Development.
    Progress had already been slowing down since 2015. However, over the decade, overall governance performance has slightly progressed, and in 2019, 61.2% of Africa’s population lives in a country where Overall Governance is better than in 2010.
    Download the report here.

  • How do Mauritians feel about their health
    In 2018/19, 7 out of 10 Mauritians rated their health status as ‘good or very good’.
    Men rated themselves as healthier than women.
    Women lived longer than men, but reported to have a less healthy. Only 67% of women rated their health status as ‘good or very good’ compared to 76% for men.
    Persons, of all ages, with higher education level reported higher level of health status as well as those living in high income households.
    78% of persons who stated to be ‘not at all stressed’, ‘never felt nervous’, or ‘being happy or calm most of the time’ rated their health status as ‘good or very good’.
    Persons who reported practicing sport or any physical activity rated better health (80% rated their health status as ‘good or very good’);
    Those who reported eating food in eateries or purchasing food outside home also rated better health. These persons were employed and of high income.
    People are living longer – life expectancy at birth increased from 60.3 years in 1962 to 74.3 years in 2018
    Deaths due to Non-Communicable Diseases which are related mostly to individuals’ lifestyles and behaviours are increasing. In 2019, more than 50% of the total deaths were due to cardiovascular diseases and diabetes.
    Download the report here.

  • Regional Economic Outlook Sub- Saharan Africa Oct 2020
    The regional outlook is broadly unchanged since the June 2020 Regional Economic Outlook Update. In 2020, economic activity is expected to contract by 3.0 percent, but then recover by 3.1 percent in 2021. This represents a drop in real per capita income of 4.6 percent over 2020-21, which is larger than in other regions.
    This outlook is subject to significant downside risks, particularly regarding the path of the pandemic, the resilience of the region’s health systems, and the availability of external financing.
    Policy makers aiming to rekindle their economies have limited resources at their disposal and will face some difficult choices. The region faces a significant financing gap. Without significant additional external financial assistance, many countries will struggle to maintain macroeconomic stability and meet the basic needs of their people.
    The need for transformative reforms to promote resilience—including revenue mobilization, digitalization, and fostering better transparency and governance—is more urgent than ever.
    Estimated GDP growth Mauritius in 2021:9.9.

Download the report here.

  • World Economic Outlook Future of Jobs 2020
    After years of growing income inequality, concerns about technology-driven displacement of jobs, and rising societal discord globally, the combined health and economic shocks of 2020 have put economies into freefall, disrupted labour markets and fully revealed the inadequacies of our social contracts. Millions of individuals globally have lost their livelihoods and millions more are at risk from the global recession, structural change to the economy and further automation. Additionally, the pandemic and the subsequent recession have impacted most those communities which were already at a disadvantage.
    Download the report here.
  • Consumer Price Index 3rd Quarter 2020
    The headline inflation rate for the twelve months ending September 2020 works out to 1.9%, compared to 0.9% for the twelve months ending September 2019. On the basis of trends in previous years and recent price changes, the headline inflation rate for calendar year 2020 is forecasted at around 2.8%, compared to 0.5% in 2019.
    Download the report here.

  • World Economic Outlook 2020
    In our latest World Economic Outlook, we continue to project a deep recession in 2020. Global growth is projected to be -4.4 percent, which is a small upgrade from June. This upgrade owes to somewhat less dire outcomes in the second quarter, as well as signs of a stronger recovery in the third quarter, offset partially by downgrades in some emerging and developing economies.
    •In 2021, growth is projected to rebound to 5.2 percent, slightly below our June projection.
    •Except for China where output is expected to exceed 2019 levels this year, output in both advanced economies and emerging and developing economies are projected to stay below 2019 levels well into 2021.
    •We are upgrading our forecast for advanced economies for 2020 to -5.8 percent followed by a rebound in growth to 3.9 percent in 2021. This is a partial recovery. For emerging markets and developing economies, excluding China, instead we have a downgrade, with growth projected to be -5.7 percent in 2020 and then rebounding to 5 percent in 2021.
    •After the rebound in growth in 2021, global growth is expected to gradually slow to about 3 1/2 percent in the medium-term, which means that over the medium term we have a projection of a permanent loss in output pretty much everywhere in the world. The cumulative loss in output relative to the pre-pandemic projected path will grow from 11 trillion over this year and next to 28 trillion by end 2025.
    Download the report here.

  • Monthly External Merchandise Trade Statistics - July 2020
    Balance of Visible Trade showed a deficit of Rs 5,821 million in July 2020, lower by 4.0% compared to the previous month and by 44.3% compared to the corresponding month of 2019.
    In July 2020, total imports increased by 9.7% compared to June 2020 and decreased by 26.5% compared to July 2019.
    In July 2020, South Africa (15.2%), United States (8.8%), Italy (8.5%) and United Kingdom (8.4%) were our major export destinations while our imports were mainly from China (16.1%), U.A.E (13.7%), France (10.6%) and India (10.4%).
    Download the report here.
  • Global Innovation Index 2020
    Switzerland is the world’s most-innovative economy followed by Sweden, the United States of America (U.S.), the United Kingdom (U.K.) and the Netherlands, according to the GII 2020.
    While Sub-Saharan Africa has historically occupied the last place in terms of innovation performance of all world regions, the Africa continent as a whole—comprising Sub-Saharan Africa and Northern Africa, has one of the most heterogeneous performances across continents. While some economies rank in the top 60, nine economies rank below the 120th place.
    Two Sub-Saharan African countries, Mauritius (52nd) and South Africa (60th) lead the continent, followed by Northern African Tunisia (65th) and Morocco (75th) in the top 80. All economies in the lowest ranks of the continent are Sub-Saharan African economies, with Ethiopia (127th), the Niger (128th) and Guinea (130th) trailing.
    Mauritius has high scores in five out of the seven GII pillars: Institutions, Human capital & research, Infrastructure, Market sophistication and Creative outputs, which are above average for the upper middle-income group. Conversely, Mauritius scores below average for its income group in two pillars: Business sophistication and Knowledge & technology outputs. Mauritius produces less innovation outputs relative to its level of innovation investments
    A key question is how the economic consequences of the COVID 19 crisis will affect start-ups, venture capital and other traditional sources of innovation financing. Many governments are putting together emergency aid packages to cushion the effects of the lockdown and counter the threat of recession. However, the GII 2020 suggests that further rounds of government support will need to prioritize and then expand support for innovation, especially for smaller companies and start-ups.
    Every crisis brings opportunities and room for creative disruption. One side effect of the current crisis has been to stimulate interest in innovative solutions for health, naturally, but also for areas such as remote work, distance education, e-commerce, and mobility solutions. Unleashing these positive forces may well support societal goals, including reducing or reversing long-term climate change.

Download the report here.

  • Population and Vital Statistics - Jan - Jun 2020
    The population of the Republic of Mauritius was estimated at 1,266,014 as at 1 July 2020. The population of the Republic of Mauritius increased marginally from mid-2019 to mid-2020. The growth rate for the Island of Mauritius was negligible while for the Island of Rodrigues it was 1.03%.
    During the first semester of 2020, there were 105 infant deaths registered in the Republic of Mauritius compared to 93 for the same period in 2019. Around 205 infant deaths are expected to occur in the Republic of Mauritius in 2020, giving an infant mortality rate of 15.6 per 1,000 live births against 14.5 in 2019.
    A total of 2,429 marriages were registered in the Republic of Mauritius during the first semester of 2020, representing a decrease of 44.8% over the number registered (4,401) during the same period in 2019. This drop is mainly because the Civil Status Division did not entertain marriage celebration during a major part of the COVID-19 lockdown running from end of March to May 2020.

Download the report here.


More Reports

Regional Model Code on Anti Corruption Compliance for Enterprises
Global Productivity: Trends, Drivers, and Policies-World Bank 2020
Road Transport and Road Traffic Accident Statistics - January – June 2020
External trade-2nd Quarter 2020

Covid-19 and Transforming Tourism
Monitoring the Socio-Economic Effects of Covid-19 on Mauritian Households
Gender Statistics 2019
MCB Focus - Mauritius Inc.: Transitioning to a green economy
Productivity and Competitiveness Index 2009-2019
A Crisis Like No Other, An Uncertain Recovery

How COVID-19 is changing the world: a statistical perspective (April 2020)
COVID-19 pandemic and its economic impacts across Africa (Mauritius) (April 2020)
First comprehensive survey on the COVID-19 pandemic and its economic impacts across Africa (April 2020)

Foresight Africa: Top Priorities for the Continent 2020-2030
Innovation Creation in SMEs Lessons from Japan
Mauritius Earnings Mobility and Inequality of Opportunity in the Labor Market
MCB Focus May 2019
Regional Economic Outlook Sub- Saharan Africa (IMF) 2020
The Future of Industry
Understanding the Socioeconomic Drivers of Megatrends
World Economic Outlook 2020
World Economic Outlook April 2020

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