The Pacific island countries (PICs) have been among the worlds top ten recipients of official development assistance (ODA) on a per capita basis. This paper seeks to examine the effectiveness of external aid by undertaking a panel data study covering five countries in the South Pacific, namely...

None of the 14 Pacific Island countries (PICs), except Papua New Guinea has any fossil fuel resources. Consequently, all the 13 PICs are totally dependent on oil imports for their economic activities. Recent surges in oil prices have had serious economic repercussions on economic growth. This...

This study investigates the relationship between export, inflation, investment and economic growth for the three ASEAN countries, namely Indonesia, Malaysia and Thailand. In general, the results reveal that export has a positive impact on growth. As for, Malaysia and Thailand, inflation has a...