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A Survey of Growth and Development Issues of the Pacific Islands

Author

Listed:
  • Bhaskara Rao
  • Kanhaiya Lal Sharma
  • Rup Singh
  • Nalini Lata

Abstract

This paper is a survey of some key variables with an international dimension and implications for growth and development policies in selected Pacific island countries. Results from a simple growth accounting exercise show that factor accumulation is the most dominant growth factor and that the contribution of total factor productivity is negligible. Therefore, increasing the investment rate to improve growth rate is a pragmatic medium-term policy option.

Suggested Citation

  • Bhaskara Rao & Kanhaiya Lal Sharma & Rup Singh & Nalini Lata, 2007. "A Survey of Growth and Development Issues of the Pacific Islands," WIDER Working Paper Series RP2007-34, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2007-34
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    File URL: https://www.wider.unu.edu/sites/default/files/rp2007-34.pdf
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    References listed on IDEAS

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    Cited by:

    1. Weir, Tony, 2018. "Renewable energy in the Pacific Islands: Its role and status," Renewable and Sustainable Energy Reviews, Elsevier, vol. 94(C), pages 762-771.

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