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2015 Pacific Update Conference: Pacific Development in a Changing Global Economy

Event | 15 - 16 July 2015 Suva, Fiji

Post-event statement

Research on opportunities for Pacific island countries to benefit from Asia’s growth and on exchange rates were presented at the 2015 Pacific Update Conference: Pacific Development in a Changing Global Economy, held 15-16 July in Suva, Fiji by ADBI Dean Naoyuki Yoshino. Constraints faced by the Pacific region in terms of small land and population base, distance from large markets, small natural resource base and the recurrent shocks caused by cyclones and other climatic factors were discussed. Key policy ideas included: opening up the tourism potential by allowing or encouraging foreign airlines to establish new routes, facilitating investment in hotels and resorts, supporting niche markets in agriculture and fisheries, and providing a stable environment for private sector growth. The event was hosted by The University of the South Pacific and co-sponsored with Asian Development Bank, Australia National University and Asian Development bank Institute. The event drew 150 policymakers, researchers, development partners, and representations from civil society.

Purpose

This event will enable participants to discuss and share knowledge on current issues and prospects for the Pacific economies. It will also provide the venue for launching a new ADBI study on the Pacific.

Background

The Pacific region is home to a diverse array of economies that face many common challenges in their growth path to future prosperity. All contend with infrastructural hurdles due to their island topography and with human capital challenges from a lack of investment and brain drain. They struggle to build export niche markets due to their low populations and distance from other regions.

The Pacific Update Conference is the premier forum for discussion of research and analysis relating to contemporary economic and public policy issues in the Pacific. This annual event gathers policymakers, academics, and development practitioners to present and discuss the latest economic and social developments in the region.

This year over 60 papers will be presented over 18 sessions on topics such as gender equality, aid and development, trade, migration, tourism, education, disaster risk management, and macroeconomic and fiscal policy.

Objectives

Globalization has been a boon for many economies in the world including in Asia. However, this trend lags in the Pacific region due to the many unique challenges it faces.

This conference aims to take stock of those shortcomings and to provide an international forum for policymakers, stakeholders, and experts to share ideas and solutions. It will facilitate practical discussions on major topics confronting the region, including: gender equality, aid and development, trade, migration, tourism, education, disaster risk management, and macroeconomic and fiscal policy.

Participants

Government officials, development practitioners, members of civil society groups and academics.

Participant responsibilities

Delivering presentations participate in discussions, share views and experiences, engage in networking.

Output

  • Improved capacity of government officials and others in understanding issues related to the challenges faced by Pacific economies.
  • Enhanced dialogue and networking among officials and others throughout the Pacific DMCs to facilitate working level integration in the future.

How to Register

By invitation only.

Language

English

Partners

Asian Development Bank (ADB)
Australian National University (ANU)
University of the South Pacific (USP)

Time of event

8:30 - 17:30