Inflation in Mauritius | Inflation is the overall general upward price movement of goods and services in an economy‚ usually as measured by the Consumer Price Index and the Producer Price Index. Substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency. Types of Inflation There are four main types of inflation. The various types of inflation are briefed below. Wage Inflation Wage inflation is also called
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HISTORY OF MAURITIUS Mauritius was discovered by the Portuguese in 1507 and was later occupied by the Dutch‚ from 1598 up until 1710. In 1715‚ it came into the possession of the East India Company and in 1767‚ that of the King of France‚ who christened it ‘Ile de France’. Captured by the British in 1810 and then acknowledged by the Treaty of Paris in 1814‚ the British allowed the French settlers to use their language and their civil code. Many of the settlers remained and made up a group of Franco-Mauritian
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Mauritius sets up committee to evaluate the Euro crisis APA - Port Louis (Mauritius) The Mauritius government has set up a crisis committee in order to evaluate the crisis that is presently hitting the Euro Zone and its effects on the local economy‚ APA learns in the Mauritian capital Port Louis on Friday. At a meeting held Friday in Port Louis‚ the Finance Minister Pravin Jugnauth indicated that the Euro has reached its lowest rate of exchange in relation to the US Dollar‚ and that such a
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Sustainable Mauritius Brundtland report (1987) has defined the term sustainable development as the development that meets the needs for the present without compromising the ability of the future generations to meet their own needs Sustainable development and planning is structured essentially around 3 elements: economic growth‚ social development and environmental protection. While development is associated with social development‚ it is also associated with environmental disasters if the development
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Culture of Mauritius: I chose the culture of Mauritius because I saw a documentary about the isle some months ago and I was caught by the beautiful landscape as well as the amount of endemic plants and animals from the island. Mauritius is an island state in the southwest of the Indian Ocean near Madagascar. The capital city of the main isle is called Port Louis. The slogan of Mauritius is: “Stella clavisque Maris Indici”. This is Latin and can be translated as “star and key of the Indian Ocean”
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CHAPTER 4 INDIVIDUAL AND MARKET DEMAND EXERCISES 1. An individual sets aside a certain amount of his income per month to spend on his two hobbies‚ collecting wine and collecting books. Given the information below‚ illustrate both the price-consumption curve associated with changes in the price of wine and the demand curve for wine. |Price |Price |Quantity |Quantity |Budget | |Wine |Book |Wine |Book
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LIST OF APPROVED NGOs |S/N |Name |Address |Tel/Fax No |Date of Registration |Registration Number |Contact Person |Field of Activities | | |Action Familiale |Royal Road |Tel: 464 3512 |1964 |Ordinance 1964 |President: Mr J. Sauvages |Promote natural family planning among|
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2. What is the effect on the equilibrium price and equilibrium quantity of orange juice if the price of apple juice decreases and the wage rate paid to orange grove workers increases? Apple juice and orange juice are substitutes for consumers‚ so the fall in the price of apple juice decreases the demand for orange juice. The demand curve for orange juice shifts leftward. The increase in the wage rate paid to orange grove workers raises the cost of producing orange juice. The supply of orange juice
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Mauritius At a Glance History Mauritius is an island‚ of volcanic formation‚ located in the centre of the Indian Ocean and has an area of 2‚040 km square. The island was first visited briefly in the years 1500-1600 by the Arabs‚ Portuguese and Dutch. The latter inhabited the island for almost a century and departed in 1710 while leaving the sugarcane plantation they had introduced. In 1715‚ the French then took control of Ile De France (as the country was then known). In 1810‚ the French surrendered
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friend of mine who was celebrating Cavadee‚ my mother’s been worrying about July being too cold for Ramadan fasting. To my British pen friend‚ this would seem like babble but to YOU‚ this is perfectly sane and normal. Why should it not be so? The main objectives of the Ministry are: ‘to promote cultural interaction among different cultural components within the country and abroad for mutual understanding and enrichment and to organise cultural activities for the public at large.’ Once our ancestors
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