Abstract
This research examines the evolving landscape of public policy within the emerging economy of Mauritius, focusing on a critical transition toward a high-income status. As traditional policy frameworks face obsolescence, this paper identifies and analyzes three pivotal trends destined to shape the nation's socio-economic trajectory: the challenges of an ageing population, the structural shift from a manufacturing-based to a knowledge-intensive service economy, and the imperatives of global market integration. The study adopts a unique methodological approach by synthesizing existing literature and economic theories into specific algebraic policy formulations. For the ageing population, the research models variables such as labor participation, retirement age, and fiscal reform. In addressing the shift to a service economy, the study incorporates factors like technological diffusion, innovation, and productivity growth. Finally, the international business policy model integrates macroeconomic indicators, including exchange rates, inflation, and trade liberalization. Findings suggest that Mauritius’ success as a "Sub-Saharan Lion" depends on a proactive paradigm shift where policymakers move beyond domestic constraints to embrace global competitiveness and social sustainability. By quantifying these qualitative policy goals into workable equations, the paper provides a conceptual toolkit for stakeholders—including government bodies and private sector actors—to systematically address future development goals. The research concludes that an integrated effort between all societal actors, underpinned by sound economic conditions, is essential for Mauritius to achieve its vision of becoming a high-income, diversified economy by 2025.
Keywords. Public policy formulation; Mauritius economy; Ageing population; Knowledge economy; Economic paradigm shift.
JEL. E61; F13; J11; O11; O14.
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