Myanmar, which is emerging from decades of isolation, is poised to accelerate its economic growth on the back of its abundant labor force, rich natural resources, and geographical location.But the country faces many development challenges to achieve strong and inclusive growth.To take advantage...

The Framework of Inclusive Growth Indicators 2012 (FIGI 2012) is the follow-up edition to FIGI 2011, which proposed a set of 35 indicators as measures of income and non-income outcomes of inclusive growth; the processes and inputs that are important to improve access to opportunities, social...

Papua New Guinea’s economic growth has outpaced the majority of economies in Southeast Asia and the Pacific since 2007. Its development challenges, however, remain daunting, and it lags behind other countries in the region in terms of per capita income and achievement of the Millennium...

There is a widespread perception that the Republic of Korea's service sector lags behind its dynamic world-class manufacturing sector. We empirically analyze the past performance of the Republic of Korea's service sector in order to assess its prospects as an engine of growth. Our analysis...

The Monitor provides an update of developments in Pacific economies and explores topical policy issues.