A survey of growth and development issues of the Pacific islands

Arbeitspapier

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 contribution of total factor productivity is negligible. Therefore, increasing the investment rate to improve growth rate is a pragmatic medium-term policy option. Further, econometric analysis shows that foreign aid has a negligible effect on output and growth in Fiji, Solomon Islands and Papua New Guinea.

Object Details

• ISBN: 9291909777=978-92-9190-977-3
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WIDER Research Paper ; No. 2007/34

Classification and Topics

• Classification: Wirtschaft ; Macroeconomic Analyses of Economic Development ; Economic Growth and Aggregate Productivity: General ; Economywide Country Studies: Oceania
• Subject: macroeconomic analyses ; economic growth ; development issues ; Pacific islands ; Wirtschaftswachstum ; Entwicklungspolitik ; Insel ; Pazifischer Raum

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Bhaskara Rao, B. ; Sharma, Kanhaiya Lal ; Singh, Rup ; Lata, Nalini
• Event: Veröffentlichung
• (who): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (where): Helsinki
• (when): 2007

Further information

• Handle: http://hdl.handle.net/10419/63538
• Last update: 10.03.2025, 11:42 AM CET