Resilience And Growth In The Small States Of The Pacific
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Author |
: Hoe Ee Khor |
Publisher |
: International Monetary Fund |
Total Pages |
: 462 |
Release |
: 2016-08-10 |
ISBN-10 |
: 9781513507521 |
ISBN-13 |
: 1513507524 |
Rating |
: 4/5 (21 Downloads) |
Synopsis Resilience and Growth in the Small States of the Pacific by : Hoe Ee Khor
Pacific island countries face unique challenges to realizing their growth potential and raising living standards. This book discusses ongoing challenges facing Pacific island countries and policy options to address them. Regional cooperation and solutions tailored to their unique challenges, as well as further integration with the Asia and Pacific region will each play a role. With concerted efforts, Pacific island countries can boost potential growth, increase resilience, and improve the welfare of their citizens.
Author |
: Hoe Ee Khor |
Publisher |
: International Monetary Fund |
Total Pages |
: 61 |
Release |
: 2016-04-07 |
ISBN-10 |
: 9781484319833 |
ISBN-13 |
: 1484319834 |
Rating |
: 4/5 (33 Downloads) |
Synopsis Excerpt: Resilience and Growth in the Small States of the Pacific by : Hoe Ee Khor
This is a prepublication excerpt of Resilience and Growth in the Small States of the Pacific.
Author |
: Hoe Ee Khor |
Publisher |
: |
Total Pages |
: |
Release |
: 2016 |
ISBN-10 |
: OCLC:1305982554 |
ISBN-13 |
: |
Rating |
: 4/5 (54 Downloads) |
Synopsis Resilience and Growth in the Small States of the Pacific by : Hoe Ee Khor
Pacific island countries face unique challenges to realizing their growth potential and raising living standards. This book discusses ongoing challenges facing Pacific island countries and policy options to address them. Regional cooperation and solutions tailored to their unique challenges, as well as further integration with the Asia and Pacific region will each play a role. With concerted efforts, Pacific island countries can boost potential growth, increase resilience, and improve the welfare of their citizens.
Author |
: Hoe Ee Khor |
Publisher |
: International Monetary Fund |
Total Pages |
: 462 |
Release |
: 2016-08-10 |
ISBN-10 |
: 9781475522716 |
ISBN-13 |
: 1475522711 |
Rating |
: 4/5 (16 Downloads) |
Synopsis Resilience and Growth in the Small States of the Pacific by : Hoe Ee Khor
Pacific island countries face unique challenges to realizing their growth potential and raising living standards. This book discusses ongoing challenges facing Pacific island countries and policy options to address them. Regional cooperation and solutions tailored to their unique challenges, as well as further integration with the Asia and Pacific region will each play a role. With concerted efforts, Pacific island countries can boost potential growth, increase resilience, and improve the welfare of their citizens.
Author |
: International Monetary Fund. Asia and Pacific Dept |
Publisher |
: International Monetary Fund |
Total Pages |
: 28 |
Release |
: 2013-02-20 |
ISBN-10 |
: 9781498342285 |
ISBN-13 |
: 1498342280 |
Rating |
: 4/5 (85 Downloads) |
Synopsis Asia and Pacific Small States - Raising Potential Growth and Enhancing Resilience to Shocks by : International Monetary Fund. Asia and Pacific Dept
The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living standards. These countries are particularly vulnerable because of their small populations, geographical isolation and dispersion, narrow export and production bases, lack of economies of scale, limited access to international capital markets, exposure to shocks (including climate change), and heavy reliance on aid. In providing public services, they face higher fixed government costs relative to other states because public services must be provided regardless of their small population size. Low access to credit by the private sector is an impediment to inclusive growth. Capacity constraints are another key challenge. The small states also face more limited policy tools. Five out of 13 countries do not have a central bank and the scope for diversifying their economies is narrow. Given their large development needs, fiscal policies have been, at times, pro-cyclical. Within the Asia-Pacific small states group, the micro states are subject to more vulnerability and macroeconomic volatility than the rest of the Asia-Pacific small states.
Author |
: Ezequiel Cabezon |
Publisher |
: |
Total Pages |
: 72 |
Release |
: 2015 |
ISBN-10 |
: 1513512374 |
ISBN-13 |
: 9781513512372 |
Rating |
: 4/5 (74 Downloads) |
Synopsis Enhancing Macroeconomic Resilience to Natural Disasters and Climate Change in the Small States of the Pacific by : Ezequiel Cabezon
Natural disasters and climate change are interrelated macro-critical issues affecting all Pacific small states to varying degrees. In addition to their devastating human costs, these events damage growth prospects and worsen countries' fiscal positions. This is the first cross-country IMF study assessing the impact of natural disasters on growth in the Pacific islands as a group. A panel VAR analysis suggests that, for damage and losses equivalent to 1 percent of GDP, growth drops by 0.7 percentage point in the year of the disaster. We also find that, during 1980-2014, trend growth was 0.7 per.
Author |
: Resina Katafono |
Publisher |
: Commonwealth Secretariat |
Total Pages |
: 437 |
Release |
: 2017-09-01 |
ISBN-10 |
: 9781849291637 |
ISBN-13 |
: 1849291632 |
Rating |
: 4/5 (37 Downloads) |
Synopsis A Sustainable Future for Small States by : Resina Katafono
A Sustainable Future for Small States: Pacific 2050 is part of the Commonwealth Secretariat’s regional strategic foresight programme that examines whether current development strategies set the region on a path to achieve sustainable development by 2050. The study analyses whether Commonwealth Pacific small states (Fiji, Kiribati, Nauru, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu) will achieve the Sustainable Development Goals. It reviews critical areas that can serve as a catalyst for change in the region: governance (examining political governance, development effectiveness and co-ordination, and ocean governance); non-communicable diseases; information and communications technology and climate change (focussing on migration and climate change, and energy issues). In each of these areas, possible trajectories to 2050 are explored, gaps in the current policy responses are identified, and recommendations are offered to steer the region towards the Pacific Vision of ‘a region of peace, harmony, security, social inclusion, and prosperity, so that all Pacific people can lead free, healthy, and productive lives’.
Author |
: Denny Lewis-Bynoe |
Publisher |
: Commonwealth Secretariat |
Total Pages |
: 255 |
Release |
: 2014-09-08 |
ISBN-10 |
: 9781849291286 |
ISBN-13 |
: 1849291284 |
Rating |
: 4/5 (86 Downloads) |
Synopsis Building the Resilience of Small States by : Denny Lewis-Bynoe
Some small states enjoy relatively high GDP per capita –giving the impression of economic strength – when in reality these economies are fragile and disproportionately affected by adverse economic shocks, natural disasters and extreme weather events. The Commonwealth resilience framework has been developed to identify both the national policies required to build resilience and the areas in which regional and international development partners can provide support. This study refines and expands the framework to cover areas such as governance, environmental management and social development. It proposes policy measures for building resilience and ways in which the resilience framework for small states can be embedded in national planning to help stakeholders to agree priority areas for policy intervention.
Author |
: Lino Briguglio |
Publisher |
: Commonwealth Secretariat |
Total Pages |
: 464 |
Release |
: 2008 |
ISBN-10 |
: UCSC:32106019858296 |
ISBN-13 |
: |
Rating |
: 4/5 (96 Downloads) |
Synopsis Small States and the Pillars of Economic Resilience by : Lino Briguglio
Small developing states tend to be inherently prone to exogenous shocks over which they can exercise very little control. In the main, such proneness emanates from the small states; structural trade openness and their very high dependence on a narrow range of exports. There are a number of small developing states that, in spite of their inherent economic vulnerability, manage to generate a relatively high GDP per capita when compared with other developing countries. This can be ascribed to economic resilience building associated with policy-induced measures that enable a country to recover from or adjust to the negative impacts of adverse exogenous shocks and to benefit from positive shocks. The main argument put forward in this book is that economic resilience can be built through appropriate policy interventions in four principal areas, namely macroeconomic stability, microeconomic market efficiency, good governance and social development. Published by the Islands and Small States Institute, Malta and the Commonwealth Secretariat.
Author |
: Dongyeol Lee |
Publisher |
: International Monetary Fund |
Total Pages |
: 37 |
Release |
: 2018-05-10 |
ISBN-10 |
: 9781484356388 |
ISBN-13 |
: 1484356381 |
Rating |
: 4/5 (88 Downloads) |
Synopsis The Economic Impact of Natural Disasters in Pacific Island Countries: Adaptation and Preparedness by : Dongyeol Lee
Pacific island countries are highly vulnerable to various natural disasters which are destructive, unpredictable and occur frequently. The frequency and scale of these shocks heightens the importance of medium-term economic and fiscal planning to minimize the adverse impact of disasters on economic development. This paper identifies the intensity of natural disasters for each country in the Pacific based on the distribution of damage and population affected by disasters, and estimates the impact of disasters on economic growth and international trade using a panel regression. The results show that “severe” disasters have a significant and negative impact on economic growth and lead to a deterioration of the fiscal and trade balance. We also find that the negative impact on growth is stronger for more intense disasters. Going further this paper proposes a simple and consistent method to adjust IMF staff’s economic projections and debt sustainability analysis for disaster shocks for the Pacific islands. Better incorporating the economic impact of natural disasters in the medium- and long-term economic planning would help policy makers improve fiscal policy decisions and to be better adapted and prepared for natural disasters.