Cook Islands and ADB

In the Spotlight

The Cook Islands consists of 15 small islands dispersed over 1.8 million square kilometers of the South Pacific Ocean.

Tourism is the country’s leading source of revenue, accounting for around 60% of gross domestic product, ahead of offshore banking, pearl farming, marine industry, and fruit exports. The Cook Islands is highly vulnerable to external economic shocks, especially falls in tourism, and is prone to natural disasters, particularly cyclones.

The ADB country operations business plan (COBP), 2017-2019 for the Cook Islands is aligned with ADB’s Pacific Approach 2016-2020, which guides ADB’s operational assistance in the Pacific and serves as the country partnership, with an emphasis on reducing costs, managing risks, and enabling value creation.


Latest

  • Publication29 Dec 2016

    Business Law Reform

    The Pacific Private Sector Development Initiative is working with Pacific governments to create simplified, modern, and locally-tailored business laws.
  • Publication29 Dec 2016

    Financing Growth

    Financial markets in the Pacific are generally underdeveloped, and many people do not have access to basic financial services, especially in rural areas.
  • Publication29 Dec 2016

    Reforming State-Owned Enterprises

    The Pacific Private Sector Development Initiative works with Pacific governments to improve the performance of state-owned enterprises.

Projects in the Cook Islands