Global price mapping reflects Mauritian misery

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"Aret kouyonn dimoun ! "

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D’emblée, situons cette réprimande qui sert de marqueur à ce billet. Elle aurait aussi bien pu émaner de beaucoup de Mauriciens désillusionnés. Il s’agit ici de l’une de nos voix les plus pertinentes et engagées, en l'occurence Reaz Chuttoo, à propos de la compensation salariale. Il fustige le calcul censé corriger la perte de pouvoir d’achat : l’inflation mesurée à 3.6 % est fondée sur un revenu moyen mensuel de MUR 27000 et elle est loin de corroborer le vécu d’un citoyen percevant un salaire de, disons, MUR 8500. En clair, une grande majorité de Mauriciens sont en général sous-compensés et subissent ainsi une perte de pouvoir d’achat réelle et constante. Les répercussions sont multidimensionnelles.  Comme dans le cas du prétendu taux élevé de citoyens propriétaires d'une résidence, les politiques nationales sont fondées sur des chiffres farfelus. Résultat, rien de plus prévisible: quasiment aucun résultat. Si ce ne sont que des inadéquations systémiques et pour sauver la
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High-income nation: santi li ?

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At $8.99 per month, your basic Netflix account didn't seem expensive so you went for the premium one at $15.99 - not much, really at Rs 36.50 per US$ back then. But just wait until you'll need to renew your subscription to the tune of Rs 680, instead of Rs 582 pre-COVID era - Rs 100 more per month! (It looks like you will have to add another Rs 100 for VAT purpose regardless of how they will be siphoned) . All that because since then the US$ has soared from the pre-March 2020 levels of Rs 36.50 to above the Rs 40 mark at present. The World Bank has started classifying Mauritius in the 'High Income' category in July 2020 - the slide of our Rupee has boosted the number of Rupees that the World Bank's arbitrary threshold would give you. But did that make your life more comfortable than before? To explain this, the PPP (Purchasing Power Parity) is handy: though imperfect but closer to our reality, it is a means of weighting how much people make by the cost of living
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“Why can’t we analyse Game of Thrones instead of The Merchant of Venice?”

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