This paper discusses the institutionalists' economic thought and how they saw the role of property rights in economic development. It points out that the role of various institutions in the economic performance of many developing countries cannot be ignored. One of the important institutional...

Purpose – The main purpose of this paper is to provide an overview of the main institutional and governance issues facing the Pacific Island countries (PIC) and to point out how they affect their economic performance. The paper also provides a description of the key characteristics of the PIC...

Purpose – The purpose of this paper is to examine the export, import, and total trade determinants using reduced form equations for six Pacific Island countries (PICs) with an institutional focus. Design/methodology/approach – A fixed effects model, controlling for AR(1) errors, using panel...

Purpose – The main purpose of this paper is to provide an overview of the main institutional and governance issues facing the Pacific Island countries (PIC) and to point out how they affect their economic performance. The paper also provides a description of the key characteristics of the PIC...