International trade is vital for economic prosperity in Pacific island countries, but their trade performance has been weak over the past decade with the exception of resource-rich countries. Small country size and remoteness from global economic centers may have contributed to this relatively...

The incomes of people in Fiji who rely directly on agricultural production are under threat due to a number of institutional changes or shocks that are occurring now, or are expected in the near future. In this paper we examine recent evidence on the current nature and level of rural and urban...

Social security and social protection concepts are gaining importance, especially in the Pacific Island countries (PICs). The state-led welfare and social protection system is limited in PICs, where there has been a heavy reliance on traditional, informal and non-state social protection systems...

In the Pacific island region, the progress towards achieving the global Millennium Development Goal (MDG) target 7D, improving the lives of a hundred million slum dwellers, is fraught with many challenges. Out of all the MDG targets, minimal support has been provided to improving the quality of...

This study fills a huge gap in literature by providing some evidence on the level and determinants of bank efficiency in a Pacific island context. DEA results show that overall efficiency levels may be lower than in Australia, the home country of major banks. Dynamic GMM and panel data results...

The paper discusses reform in public financial management in small, resource-constrained economies such as the Pacific island countries (PICs). It describes the efforts undertaken by PICs in the past and assesses their results. A principal conclusion is that reform in public financial management...

This paper re-visits the subject of a common currency for the Pacific region, comprising 14 Pacific island countries (PICs) and the region’s two advanced countries, Australia and New Zealand. The PICs are highly dependent on Australia and New Zealand for trade in goods and services and aid...

On-going debate of a Pacific Islands currency union has rekindled the argument on whether Pacific Island Countries (PICs) demonstrate symmetric behavior in their business cycles as a precondition for a union according to the OCA theory. Unfortunately for the PICs, there are no empirical studies...

This paper re-kindles the debate on the feasibility of a Pacific Islands currency union in view of the recent expansion and consolidation of regional strategies and agreements such as the ÔPacific PlanÕ and the Pacific Agreement on Closer Economic Relations Plus. These initiatives, including...