Pursuing Economic Reform in the Pacific
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Books, Periodicals, Studies, and Reports
On-line edition: Free of Charge
Hardcopy price: $10.00 ISBN: 971-561-255-5
Paperback
(Pub. Date: 1999)
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This report is concerned with how better to assist the Pacific developing member countries of ADB in moving forward with the economic reforms that they are already undertaking.
In particular, it looks at the the factors constraining reforms in trade and investment policies, in competition policy, in the labor market, and in the provision of essential services. 242 pages.
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Foreword [ PDF: 22kb | 9 pages ]
- Executive summary [ PDF: 49kb | 17 pages ]
- Report origins
Framework
Investment
Trade policies
Labor markets
Wrapping up
Pursuing Economic Reform in the Pacific [ PDF: 617kb | 232 pages ]
Designing reforms for the Pacific island economies
Analytical framework
Special characteristics of the PDMCs
Growth ingredients
Study method
Investment policies and economic development
Review of literature
Factors affecting foreign investment
Domestic private investment in the PDMCs
Wages, prices, and the exchange rate
Explaining investment in the PDMCs
The quality of investment regulation
Conclusions
Trade policies
Some history and geography of the PDMC trade
The lessons of experience: review of literature
Emerging environment for international trade
Regional trade agreements
Some options for trading blocs in the South Pacific
The Lomé Convention
Trade policies in the PDMCs
Selected country experiences
Comparative economic advantage and its application to fisheries
Review of literature on comparative advantage
Productivity is what matters
Measuring comparative economic advantage
Can governments create comparative economic advantage?
What then can governments do?
Some misguided beliefs
Future policy directions
Revisiting options for fisheries development
Competition policy
Improving provision of utility services
Labor markets in the PDMCs
Unemployment can be a sign of failure
Steadily worsening labor market performance
Labor market segments in the PDMCs
Competing hypotheses explain poor employment growth
Some relevant literature
Timing and sequencing of reforms and the labor market
Investment environment and private sector development in the PDMCs
Testing ideas
The Norfolk Island story
Establishing conditions for productive cooperation and competition
Identifying priorities
How to reach beneficial agreements and commitments
Understanding the political decision-making environment
Conclusions
Reform priorities
Appendix: Norfolk Island
References [ PDF: 32kb | 10 pages ]
© Asian Development Bank 1999
All rights reserved.
First published in September 1999
This publication was prepared by consultants for the Asian Development Bank. The findings,
interpretations, and conclusions expressed in it do not necessarily represent the views of the
Bank or those of its member governments. The Asian Development Bank does not guarantee
the accuracy of the data included in this publication and accepts no responsibility whatsoever
for any consequences of their use.
ISBN 971-561-255-5
Publication Stock No. 080699
Asian Development Bank
P.O. Box 789, 0980 Manila, Philippines
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