Pacific Island Countries (PICs) are heavily dependent on natural resources and likely to remain so for the near future, making resource management an issue of critical importance for economic development. This chapter employs a simple neoclassical growth model to diagnose deficiencies in current policy regimes and suggest possible alternatives. Current practices in the exploitation of the regions mineral, tuna, and forest resources are used to illustrate problems and suggest possible policy interventions.
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Length: 25 pages Date of creation: Jun 2001 Date of revision: Handle: RePEc:eab:develo:558
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Find related papers by JEL classification: Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
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