This article explores the modest impact of the Asian Crisis on Australia's primary commodity exports. Simulations using a global general equilibrium model show: (i) as capital flees Asia, investment in Australia increases and the trade deficit grows; (ii) while terms of trade deteriorate in the...

Book reviews Dani Rodrik (ed.), In Search of Prosperity: Analytical Narratives on Economic Growth. Dirk Steinwand and Martina Wiedmaier-Pfister (eds), The Challenge of Sustainable Outreach: How Can Public Banks Contribute to Outreach in Rural Areas? Five Case Studies from Asia. Takamasa Akiyama...

Economic development is seen as the best way for Aboriginal communities to improve their welfare and lessen the considerable disadvantages they suffer. Unfortunately, the economics profession has shown little interest in their plight. Agricultural and resource economists have much to offer in...

The paper discusses the problems that have plagued service delivery in Papua New Guinea—both over the long term and with the rollout of the District Development Authority Act of 2014. Various principal/agent and moral hazard problems are identified as well as the persistent poor delivery of...

Why are the Melanesian states of Fiji, Papua New Guinea, Solomon Islands and Vanuatu experiencing considerable civil unrest and, in this respect, why are they so different from the other small island states of the Pacific region? It is argued that while, like the other Pacific island countries,...

Books reviewed: Michael Borowitz, Elizabeth Wiley, Fadia Saadah and Enis Baris, Addressing HIV/AIDS in East Asia and the Pacific Paul Glewwe, Nisha Agrawal and David Dollar (eds), Economic Growth, Poverty, and Household Welfare in Vietnam Will Martin and Mari Pangestu, Options for Global Trade...

Purpose – The purpose of this paper is to explore the tensions likely to arise in Pacific Island countries resulting from their high-population growth rates and poor agricultural productivity growth, the difficulties of accessing land for commercial purposes, the rapid rate of rural-urban...