In the News
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.