Economic Growth in Forum Island Countries: Lessons of the Past Decade and Challenges and Opportunities Ahead

Satish Chand

Development Economics Working Papers from East Asian Bureau of Economic Research

Abstract: This paper makes three principal claims with respect to the economic performance of 14 Forum Island Countries (FICs) over the decade to 2005. First, the FICs (as a group) have performed below their potential. Second, it is the poor policy-choices rather than the handicaps of smallness and isolation that have been responsible for this poor performance. Third, past experimentation with growth strategies offers several lessons for future policy choices to accelerate the rate of growth of income. Amongst the recommendations are : improving demand for better governance by allowing the public freer access to government information; integrating regional communications through open-skies and open-ports policies for the region; and, regional under-writing of security, both within and across the borders of member states.

Keywords: economic growth; Forum Island Countries (search for similar items in EconPapers)
Date: 2006-05
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.eaber.org/node/21812 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 301 [REDIRECT LOOP] Moved Permanently (http://www.eaber.org/node/21812 [301 Moved Permanently]--> https://www.eaber.org/node/21812 [301 Moved Permanently]--> https://www.eaber.org/node/21812 [301 Moved Permanently]--> https://www.eaber.org/node/21812 [301 Moved Permanently]--> https://www.eaber.org/node/21812 [301 Moved Permanently]--> https://www.eaber.org/node/21812 [301 Moved Permanently]--> https://www.eaber.org/node/21812 [301 Moved Permanently]--> https://www.eaber.org/node/21812)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eab:develo:21812

Access Statistics for this paper

More papers in Development Economics Working Papers from East Asian Bureau of Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Shiro Armstrong ().