Pacific Island Economies: Building a Resilient Economic Base for the Twenty-first Century

Framsida
Hilarian M. A. Codippily
World Bank Publications, 1996 - 144 sidor
This sixth annual study focuses on the effects of globalization on developing countries and the growing divide between fast and slow- integrating economies. It describes current trends in integration and answers key questions on trade and on commodity-reliant economies. The book examines two questions in particular detail: Will trade liberalization work? The report argues that countries that embark on trade liberalization in the current environment are likely to be rewarded and recognizes that genuine adjustment costs exist and that complementary reforms are important. How can commodity-reliant countries enhance productivity and diversify exports? Although many of these countries have been among the high growth, fast integrators, many others have been poor performers. Successful exporters are characterized by high productivity in existing commodity sectors, the capacity to diversify to non-traditional commodity exports, and the maintenance of economic stability. The report projects continued rapid acceleration of integration over the next decade, with moderate import growth in the developed countries and continued sharp import increases in developing countries. Those countries that continue to reform their economies and expand their participation in the world economy will be in a position to take advantage of the resulting opportunities; those that do not, risk falling further behind.
 

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Sidan x - Nations-Economic and Social Commission for Asia and the Pacific UNDP = United Nations Development Programme US$ = United States Dollar USA = United States of America...
Sidan x - SPARTECA South Pacific Regional Trade and Economic Cooperation Agreement SPC South Pacific Commission SPEC South Pacific...
Sidan 87 - The objectives of this Convention, to be pursued in accordance with its relevant provisions, are the conservation of biological diversity, the sustainable use of its components and the fair and equitable sharing of the benefits arising out of the utilization of genetic resources...
Sidan ix - ESCAP Economic and Social Commission for Asia and the Pacific GATT General Agreement on Tariffs and Trade GDP Gross domestic product...
Sidan 120 - ... creditors, was due to the loans contracted in 1976 and 1977, which led to a deterioration in the debt profile. Debt with maturities of from one to five years and, to a lesser extent, that with a maturity of from five to ten years increased, while that with maturities of more than ten years decreased. The ratio of debt service to exports of goods and non-factor services remained at low levels up to 1974, when it was 4.3 per cent, and increased to 8.1 per cent in 1977. Development Planning The...
Sidan ix - GATS General Agreement on Trade in Services GATT General Agreement on Tariffs and Trade...
Sidan 80 - ... planted tree in the East and several plantations are of sufficient age to show the yields that may be expected. The condition of such plantations in this and other states, and the growth of natural stands, shows that white pine completes its financial rotation in about fortyfive to fifty years. That is, the difference between the sale value of the timber, and the total costs of establishing and protecting the stand plus taxes and interest for the period, is greatest at about this age. The amount...
Sidan ix - Australian Dollar ACP = African, Caribbean and Pacific States ADB = Asian Development Bank AIDAB = Australian International Development Assistance Bureau (now AusAID) APEC = Asia Pacific Economic Cooperation ATC = Australian Tourist Commission AusAID = Australian Agency for International Development CER = Closer Economic Relations CMT = Customary Marine Tenure Systems CCh = Carbon Dioxide CPUE = Catch Per Unit of Effort...
Sidan 77 - as an outstanding example of depletion resulting from the impact of human actions on South Pacific environments. Worldwide, the largest number of documented extinctions (28 between 1600 and 1899 and 23 this century) have occurred on islands of Oceania, which now has more threatened species (110) than any other
Sidan 119 - It is remote from major external markets, lying over 2,000 kilometers from Australia, the closest large economy. Economic activity is dominated by export-oriented production involving tree crop plantations, commercial fishing, and logging; a large public services sector; and a subsistence agricultural sector that provides the main source of livelihood for over 80 percent of the population. The economy has seen little structural transformation in the past decade. The manufacturing sector remains minuscule,...

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