World Economic Forum Global Competitiveness Report 2017-2018:Mauritius Tops the Sub Saharan Africa Region

In the latest World Economic Forum Global Competitiveness Report 2017-2018, published on the 27th September 2017, Mauritius maintains its position as the most competitive jurisdiction in the Sub Saharan Africa Region for the fourth consecutive year. 

The report reveals that Mauritius has successfully transitioned from Stage 2 to Stage 3, which indicates a graduation from an efficiency-driven economy to an innovation-driven one.

The 2017-2018 also attributes the good performance of Mauritius as the most competitive economy in the region to improvements in various pillars, notably: institutions, infrastructure, good market efficiency, technological readiness and business sophistication.   

The Global Competitiveness Index measures the factors that drive long-term growth and prosperity. It helps policymakers identify challenges to be addressed as well as strengths to be built upon when elaborating strategies for economic grow.

The full report can be access here