Cook Islands and ADB
In the Spotlight
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Building Resilience is Key to Economic Growth in the Pacific
The economies of countries in the Pacific are expected to recover over the next two years, although building resilience against natural hazards and climate change remains a key priority, according to a new ADB report.
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Pacific Economic Monitor – December 2018
The December 2018 issue of the Pacific Economic Monitor provides an update on developments in 14 Pacific economies, explores topical policy issues in the region over the years, and presents global forecasts for 2019.
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ADB, New Zealand Support High-Speed Internet for Cook Islands
ADB's Board of Directors has approved a $15 million loan for an internet submarine cable project to connect Rarotonga and Aitutaki in the Cook Islands.
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Cook Islands: Investing in a Sustainable Future
This country brief highlights how ADB operations have helped the Cook Islands weather cyclones and fiscal crises, and contribute to stable economic and social infrastructure.
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
New We-Fi Financing to Enhance ADB's Support for Women-Led SMEs in Viet Nam and Pacific
ADB has received $20.19 million from the Women Entrepreneurs Finance Initiative (We-Fi) to support women-led small and medium-sized enterprises (WSMEs) to access critical financing and training in Viet Nam and the Pacific.
This publication provides insights on how trade can be leveraged to enhance economic opportunities for women in the Pacific.
Leveraging Trade for Women’s Economic Empowerment in the Pacific
People and Places from the Pacific
A glimpse of people and places from the Asian Development Bank's 15 Pacific developing member countries.
Projects in the Cook Islands
Proposed
No projects in this category were found.
Approved/Active
- Pacific Renewable Energy Program
- Implementing a Differentiated Approach to Urban Development in the Pacific
- Asian Development Outlook 2019–2021
- Pacific Information and Communication Technology Investment Planning and Capacity Development Facility (Phase 2) - Information and Communication Technology Sector Assessment in the Pacific DMCs (Subproject 2)
- Enhancing ADB’s Support for Social Protection to Achieve the Sustainable Development Goals
Funding Information
Source: ADB and the Cook Islands: Fact Sheet.
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