Public Policy Formulation in Three Selected Sectors of an Emerging Economy Case Mauritius
Abstract
Abstract. The development of public policies is common to any economy since they help define the path that a country is likely to pursue in the future. Policies aim at the betterment of mankind and when it comes to dealing with public administration, government has to critically think ahead in terms of challenges and opportunities to develop by formulating and implementing effective public policies. Mauritius, an island nation in the Indian Ocean, is no exception to it and it follows sound public policies for its long-term benefit. While policies may appear glamorous from their inception, it is important to be able to synthesise them and see how they are workable. Some policies succeed and others might fail. The researcher selected three public policies focusing on the ageing population, the services sector and international business. These are imperatives worth considering. For each of these policies to be applicable, their mechanisms must be understood. In this concern, the researcher developed three formulas respectively to conceptualise the public policies by highlighting how improvements or changes per component within the formula would help Mauritius attain its long-term goals. Assuming that policies depend a lot of sound governance principles and investment, the human and external factors would not be visible in the formulas which are essentially concepts that are rather understood in a simplistic manner for policy makers.
Keywords. Mauritius, public policy, ageing population, service economy, international business..
JEL. A11, A12, A14.
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DOI: http://dx.doi.org/10.1453/jsas.v2i3.385
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