No, no, no you say. Sugar has a bright future. Really? Then let's raze all of our towns and grow sugar cane and shrink GDP by 98% or USD11.8bn. That would collapse our GDP per capita to $283 or a level close to that of South Sudan – a country which has been in civil war since 2013. We'd probably experience the same thing if we reverted back to being a mono crop. It'd take a less extreme scenario to have people in the streets. That's for sure.
Showing posts with label South Sudan. Show all posts
Showing posts with label South Sudan. Show all posts
Thursday, September 14, 2017
How Mauritius Can Increase Its GDP By 50%
No, no, no you say. Sugar has a bright future. Really? Then let's raze all of our towns and grow sugar cane and shrink GDP by 98% or USD11.8bn. That would collapse our GDP per capita to $283 or a level close to that of South Sudan – a country which has been in civil war since 2013. We'd probably experience the same thing if we reverted back to being a mono crop. It'd take a less extreme scenario to have people in the streets. That's for sure.
Labels:
Chart,
GDP per capita,
Land use,
Middle-Income Trap,
South Sudan,
Sugar
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