Ever since independence in 1968, Mauritius achieved what many African nations were not fortunate enough to accomplish: the transformation from a low developed, poverty stricken island in the 1970s to an expanding economy and financial as well as technological hub for the region. This was made possible against a variety of unfavorable external developments and internal constraints through constant structural change and economic diversification. Today, a series of new challenges emerge as Mauritius is trying to complete its transformation into a knowledge-based society investing into several...