Nigeria, May 2 -- Mauritius has long punched above its weight economically. From sugarcane to textiles, tourism to financial services, the country has reinvented itself multiple times - a small island that turned its geographic isolation into an opportunity rather than a constraint.

But today, as global headwinds intensify and domestic vulnerabilities become harder to ignore, many wonder whether Mauritius has become complacent, banking on past glory rather than investing in the future.

Recent developments paint a bleak picture. The country has experienced a significant budgetary slippage, increased public debt, subpar economic growth, and growing questions about governance standards.

Moody's recent sovereign rating change from stable t...