Argues the Nigerian-born libertarian, who lives in the U.S.: "In 2012, a particular island nation from Africa created a positive
and inspiring stir in the annual Index of Economic Freedom published by
the Heritage Foundation by emerging as the first country from
sub-Saharan Africa to climb up to the top 10 position of world leaders
in economic freedom. The feat by the Republic of Mauritius is also reflected in the Mo
Ibrahim Foundation sponsored 2012 Ibrahim Index of African Governance (IIAG) which puts the island nation on the top spot in Africa with
an overall score of 82.8% covering indexed factors such as safety, rule
of law, participation, human rights, sustainable economic opportunity
and human development."
Mr. Elegbede argues that the factors behind Mauritius's rise is the path for continental prosperty as a whole: "The formidable path to prosperity of any nation or region of the
world are enshrined in basic ideas that expressly empowers individuals
whose independent purposes and plans forms the very unit of which
composes the society, rephrasing the words of the late Roy A. Childs, a
scholar of the CATO Institute. The Mauritius testimony is worthy of responsible emulation,
emphasizing the importance of a constitutional and limited government,
regulatory efficiency that promotes competitive productivity and
innovations, open markets with no biased preference to anyone or groups,
and sound rule of law that is free of chaos and corruption, protecting
and enforcing the rights of individuals to life, liberty and property.
These are the very ingredients to facilitate a prosperous, peaceful, and
economically free African continent."
Fiyinfoluwa Elegbede: "Limited Government & Free Markets Are Africa's Paths To Prosperity"
