In the Spotlight
Doing business in the Pacific is hard, but sweeping reforms carried out by the Pacific Private Sector Development Initiative (PSDI) are breaking down the barriers to business in the region. PSDI is holistic, demand-driven, and 14 years on its approach is still working and very much wanted.
The 2019 growth forecast for the Pacific subregion has been raised from 3.5% to 4.2%, driven mainly by higher liquefied natural gas production in Papua New Guinea and increased construction expenditure in Samoa and Solomon Islands, as well as lower-than-projected economic decline in Nauru.
Effectiveness of Foreign Development Assistance in Mitigating Natural Disasters’ Impact: Case Study of Pacific Island Countries
While natural disasters greatly hinder economic growth in the South Pacific region, official development assistance significantly mitigates such adverse effects.
The pandemic is producing more household waste and increased amounts of dangerous medical waste. We need to manage these changes for our immediate safety and for the long-term welfare of our communities.