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The Pedroni (2000) panel cointegration method is used to estimate the cointegrating equations for the demand for narrow money for a panel of five Pacific Island Countries (Fiji, Samoa, Solomons, Vanuatu and Papua New Guinea) for the period 1975-2007. The effects of financial reforms are analyzed...
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Pacific island countries (PICs) are vulnerable severe natural disasters, especially cyclones, inflicting large losses on their economies. In the aftermath of disasters, PIC governments face revenue losses and spending pressures to address post-disaster relief and recovery efforts. This paper...
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Trade costs matter, in particular for small island developing countries, such as Pacific island Countries (PICs), given their economic size and remoteness from the world markets. This paper examines whether PICs' performance in cross-border trade costs is informed by the extent of their...
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