The Park Place Economist


Mauritius has often been cited as the success story of the 1980s among developing countries. The country embarked on an ambitious program of industrial and commercial development in 1971, when the Export Processing Zone (EPZ) was set up (Reuters Librq Reporr 1995). According to Business America (Craig 1992), ''From 1 97 1 to 1990, the number of enterprises in the EPZ jumped fiom 10 to 574; employment from 644 to 88,258; exports from MRS. (Mauritian Rupees) 4 million to MRS. 1 1,000 million; and exports as a percentage of total Mauritian exports fiom 1 1 to 63 percent."