Why is Mauritius rich and Madagascar poor?
The Money Show’s Bruce Whitfield interviewed Dr Lyal White, Director at the Centre for Dynamic Markets at the Gordon Institute of Business Science.
White compared Madagascar and Mauritius, two very different African islands.
Scroll down for quotes from the audio below.
I was surprised by how much trouble Madagascar is in.Dr Lyal White
Mauritius is prospering.Dr Lyal White
Mauritius is positioning itself as the gateway to Africa.Dr Lyal White
Politics and policy is getting in the way of the development of Madagascar.Dr Lyal White
These islands achieved independence at about the same time.Dr Lyal White
Madagascar is the country of the future, and it always will be.Dr Lyal White
Mauritius is the most competitive economy in Africa.Dr Lyal White
Madagascar is one of the five poorest countries in the world now.Dr Lyal White
Aid to Madagascar has been cut since 2003 because of the country’s poor performance.Dr Lyal White
Madagascar is the most disconnected country in Africa.Dr Lyal White
Madagascar is just three hours from Johannesburg!Dr Lyal White