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Hilarian M. A. Codippily - Pacific Island economies: building a resilient economic base for the twenty-first century

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title Pacific Island Economies Building a Resilient Economic Base for - photo 1

title:Pacific Island Economies : Building a Resilient Economic Base for the Twenty-first Century World Bank Country Study
author:Codippily, Hilarian M. A.
publisher:World Bank
isbn10 | asin:0821335545
print isbn13:9780821335543
ebook isbn13:9780585252421
language:English
subjectOceania--Economic conditions, Oceania--Commerce.
publication date:1996
lcc:HC681.P294 1996eb
ddc:338.99
subject:Oceania--Economic conditions, Oceania--Commerce.
Page i
A WORLD BANK COUNTRY STUDY
Pacific Island Economies
Building a Resilient Economic Base for the Twenty-First Century
Pacific Island economies building a resilient economic base for the twenty-first century - image 2
Page ii
Copyright 1996
The International Bank for Reconstruction
and Development/ THE WORLD BANK
1818 H Street, N.W.
Washington, D.C. 20433, U.S.A.
All rights reserved
Manufactured in the United States of America
First printing April 1996
World Bank Country Studies are among the many reports originally prepared for internal use as part of the continuing analysis by the Bank of the economic and related conditions of its developing member countries and of its dialogues with the governments. Some of the reports are published in this series with the least possible delay for the use of governments and the academic, business and financial, and development communities. The typescript of this paper therefore has not been prepared in accordance with the procedures appropriate to formal printed texts, and the World Bank accepts no responsibility for errors. Some sources cited in this paper may be informal documents that are not readily available.
The World Bank does not guarantee the accuracy of the data included in this publication and accepts no responsibility whatsoever for any consequence of their use. The boundaries, colors, denominations, and other information shown on any map in this volume do not imply on the part of the World Bank Group any judgment on the legal status of any territory or the endorsement or acceptance of such boundaries.
The material in this publication is copyrighted. Requests for permission to reproduce portions of it should be sent to the Office of the Publisher at the address shown in the copyright notice above. The World Bank encourages dissemination of its work and will normally give permission promptly and, when the reproduction is for noncommercial purposes, without asking a fee. Permission to copy portions for classroom use is granted through the Copyright Clearance Center, Inc., Suite 910, 222 Rosewood Drive, Danvers, Massachusetts 01923, U.S.A.
The complete backlist of publications from the World Bank is shown in the annual Index of Publications, which contains an alphabetical title list (with full ordering information) and indexes of subjects, authors, and countries and regions. The latest edition is available free of charge from the Distribution Unit, Office of the Publisher, The World Bank, 1818 H Street, N.W., Washington, D.C. 20433, U.S.A., or from Publications, The World Bank, 66, avenue d'Ina, 75116 Paris, France.
ISSN: 0-0253-2123
Library of Congress Cataloging-in-Publication Data
Pacific Island economies : building a resilient economic base for the
twenty-first century.
p. cm.(A World Bank country study, 0253-2123)
The report includes economic profiles of eight Pacific Island
countries : Fiji, Federated States of Micronesia, Kiribati, Marshall
Islands, Solomon Islands, Tonga, Vanuatu, and Western Samoa; it was
prepared by a team led by Hilarian Codippily.
Includes bibliographical references (p. ).
ISBN 0-8213-3554-5
1. OceaniaEconomic conditions. 2. OceaniaCommerce.
I. Codippily, Hilarian M. A., 1938 . II. International Bank for
Reconstruction and Development. III. Series.
HC681.P276 1996 95-48482
338.99dc20 CIP
Page iii
Contents
Abstract
vii
Acknowledgments
viii
Acronyms and Abbreviations
ix
Currency Equivalents
xi
Executive Summary
xiii
1
Introduction
1
2
Growth and Trade in the Pacific Island Economies
7
Picture 3
Growth, Investment and Shocks
7
Picture 4
Pacific Island Trading Conditions
13
Picture 5
The Changing Global Economic Scene
16
Picture 6
The Changing Trade Environment
17
Picture 7
Recommendations
22
3
Tourism
29
Picture 8
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