Exploring the developments in urbanisation, aid dependency, sectoral shifts and services sector expansion in Fiji: a modern growth perspective

Ronald Kumar and Radika Kumar

Global Business and Economics Review, 2013, vol. 15, issue 4, 371-395

Abstract: Using augmented Solow framework within the modern growth paradigm, we explore the contribution from agriculture, manufacturing and services sectors vis-à-vis per worker income in Fiji. Noting the highest contributory power from services sector, we unpack this sector into financial development, information and communications technology and tourism services besides taking into account the phenomenal growth in urbanisation and the economy's reliance on development assistance. We find these contemporary instruments are significantly shaping the growth and development path of Fiji. Subsequently, we put forward policy relevant discussions along sectoral lines, sustainable urban growth and aid management as critical discourse which can be mapped to other developing Pacific Island Countries.

Keywords: sectoral analysis; urbanisation; overseas development assistance; ODA; ARDL bounds approach; economic growth; Fiji; aid dependency; sectoral shifts; service sector expansion; financial development; information and communications technology; ICT; information technology; tourism services; sustainable urban growth; sustainability; aid management. (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (11)

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