Vanilla pods and economic development in Mauritius
An interesting look at the growth of the vanilla industry on the island of Mauritius, which started by looking at the long lead-time- it takes 5 years before a vanilla orchid starts bearing vanilla pods.
However, vanilla is a luxury good, and as a consequence, it will account for a higher proportion of global income over time, especially when its added to rum, another luxury good. However, the development of both markets could potentially enhance development.
Vanilla pod farmer: 'Timing is everything' https://t.co/jJ7DbQywOA
— BBC News Africa (@BBCAfrica) March 16, 2018
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Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.
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