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As the recent financial crisis wrecked havoc on the global economy, Pacific Island countries (PICs) hoped that their oceanic remoteness would spare them of the worst economic calamities. An uncertain faith prevailed amongst the Pacific Island economists and policymakers. Some argued that the...
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The study endeavors to break down output growth in the Indian sugar industry into the ‘perspiration’ component that corresponds to factor accumulation and the ‘inspiration’ component that corresponds to the total factor productivity (TFP) growth. The bootstrapped Malmquist productivity...
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More than 45% of Fijis population lives in the rural areas and a significantly large proportion lives on meager income. There have been many efforts in the past to improve rural economy in Fiji but only limited successes have been achieved. There are many constraints that hinder sustainable...
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Pacific island countries are deficient in policymaking towards regional integration, trade negotiations and to address environmental issues. There are a number of reasons for this including deficient institutional infrastructure, small population, geographical isolation and labour migration....
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Fiji is totally dependent on imported fossil fuel for its transport sector and options for alternative motor fuels are limited. Currently, any prospect for local refinery or exploration for fossil fuel is non-existent. In the past, as fuel prices soared, there have been discussions at various...
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