The Current Situation and Future Challenges

Francesca Romana Medda, Francesco Caravelli, Simone Caschili and Alan Wilson
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Francesca Romana Medda: University College London
Francesco Caravelli: University College London
Simone Caschili: University College London
Alan Wilson: University College London

Chapter Chapter 3 in Collaborative Approach to Trade, 2017, pp 27-34 from Springer

Abstract: Abstract In Chap. 1 we offered a preliminary review of the main economic parameters of the two regions under examination by focusing on GDP. Here, we extend the analysis beginning with the employment rate in Fig. 3.1. We note that, in relation to the South Pacific Island countries, Fiji has the lowest employment rate compared to other SPICs and also to Uganda. The Uganda employment rate is significantly high, and according to World Bank data, nearly 75% of the population is employed (Fig. 3.1). Uganda’s high employment rate is followed by PNG, with an employment to population ratio above 70%. This data confirms the trend in GDP growth experienced by PNG in the last 10 years. The Solomon Islands reports a lower (65%) employment ratio, which is mainly the result of low GDP growth rates and a large subsistence agriculture sector.

Keywords: Foreign Direct Investment; Employment Rate; Solomon Island; Merchandise Trade; Employment Ratio (search for similar items in EconPapers)
Date: 2017
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DOI: 10.1007/978-3-319-47039-9_3

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