Institutions, good governance and economic growth in the Pacific Island countries

Biman Chand Prasad

International Journal of Social Economics, 2008, vol. 35, issue 12, 904-918

Abstract: Purpose - The main purpose of this paper is to provide an overview of the main institutional and governance issues facing the Pacific Island countries (PIC) and to point out how they affect their economic performance. The paper also provides a description of the key characteristics of the PIC and points out why these characteristics may present special challenges to achieving sustainable levels of growth. Design/methodology/approach - This paper discusses the issues of governance, institutions and economic growth in the PICs. Findings - The main conclusion of the paper is that PICs would have to align their policies so that appropriate and better economic integration is achieved not only regionally but also globally. Practical implications - This paper allows policy makers to take note of the main issues in governance and institution building. Originality/value - This paper provides policymakers and scholars an overview of the institutional and governance issues facing the PICs.

Keywords: Pacific region; Islands; Governance; Organizations; Economic growth (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eme:ijsepp:v:35:y:2008:i:12:p:904-918

DOI: 10.1108/03068290810911453

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