This regional economic report, evaluates the strategy that the Pacific Island Countries (PICs) have chosen towards liberalizing their economies, and, analyzes as well the interaction of trade liberalization with complementary reforms in taxation, and the public sector. As a consequence of...

As World Trade Organization (WTO) membership becomes almost universal, the Pacific island countries stand out as the largest group of outsiders. As the islands seek to replace reliance on preferential trading arrangements by competitive exports, market access and trade facilitation have become...