This paper is a survey of some key variables with an international dimension and implications for growth and development policies in selected Pacific island countries. Results from a simple growth accounting exercise show that factor accumulation is the most dominant growth factor and that the...

This paper is a survey of some key variables with an international dimension and implications for growth and development policies in selected Pacific island countries. Results from a simple growth accounting exercise show that factor accumulation is the most dominant growth factor and that the...

The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living standards relative to other small states due to their small populations, geographical isolation and dispersion, narrow export and production bases, exposure to shocks, and heavy...

State-owned enterprises (SOEs) continue to constrain Pacific economies. They absorb scarce capital, suffer low productivity, and often provide high cost and low quality services. SOE reform is vital to create private investment opportunities, reduce the costs of doing business, and improve...

The international tourism industry is booming, giving many developing nations unprecedented opportunity in trade. But for some developing nations, law and order problems appear to have obstructed growth in tourism. With little attention in the literature given to the influences of safety...

Countries pass through different stages of structural transformation. In the early stage of development, economic activity is dominated by agriculture and mining. As a country develops, firms adopt new technology and move toward industrialization and faster economic growth. Eventually, the...