IDEAS home Printed from https://ideas.repec.org/a/bla/asiaps/v7y2020i1p5-26.html
   My bibliography  Save this article

Kiribati economic survey: Oceans of opportunity

Author

Listed:
  • James Webb

Abstract

Kiribati is one of the poorest and most remote Pacific nations but has the largest productive tuna fishery. The Vessel Day Scheme implemented in 2012 led to unprecedented growth in fishing revenue between 2012 and 2015, with similarly unprecedented expansion of government expenditure from 2016 to 2019. For the first time in its history, the Kiribati Government, rather than any foreign development partner, is the single largest financier of public investment. Whereas the general economy and government finances have benefited greatly from the fisheries boom, questions have been raised around recent government spending and how long there will be the fiscal space to support such discretionary decisions in the context of rapidly increasing operating costs. Fishing revenue alone will not be enough to fundamentally shift the development trajectory of the Kiribati people. A new period of reform is needed.

Suggested Citation

  • James Webb, 2020. "Kiribati economic survey: Oceans of opportunity," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 7(1), pages 5-26, January.
    • Handle: RePEc:bla:asiaps:v:7:y:2020:i:1:p:5-26
    DOI: 10.1002/app5.297
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/app5.297
    Download Restriction: no
    File URL: https://libkey.io/10.1002/app5.297?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. John Paul Cauchi & Hilary Bambrick & Stefano Moncada & Ignacio Correa-Velez, 2021. "Nutritional diversity and community perceptions of health and importance of foods in Kiribati: a case study," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 13(2), pages 351-367, April.
    2. Cauchi, John Paul & Bambrick, Hilary & Correa-Velez, Ignacio & Moncada, Stefano, 2021. "‘White flour, white sugar, white rice, white salt’: Barriers to achieving food and nutrition security in Kiribati," Food Policy, Elsevier, vol. 101(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:asiaps:v:7:y:2020:i:1:p:5-26. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=2050-2680 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.