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This study aims to test within a relatively homogeneous group of small states whatdifferentiates the growth performance of Pacific island countries (PICs) from their peers. Wefind that PICs are disadvantaged by distance and hampered by lower investment and exportscompared with other small island...
Persistent link: https://www.econbiz.de/10013080860
This study aims to test within a relatively homogeneous group of small states what differentiates the growth performance of Pacific island countries (PICs) from their peers. We find that PICs are disadvantaged by distance and hampered by lower investment and exports compared with other small...
Persistent link: https://www.econbiz.de/10014395243
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International trade is vital for economic prosperity in Pacific island countries, but their trade performance has been weak over the past decade with the exception of resource-rich countries. Small country size and remoteness from global economic centers may have contributed to this relatively...
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This paper examines the role of international trade for economic prosperity in Pacific island countries (PICs), discusses their comparative advantage, and explores the potential for trade, and tourism in particular, to serve as a locomotive for inclusive economic growth. We find the trade...
Persistent link: https://www.econbiz.de/10012228657
Natural disasters bring tremendous destruction to small island economies in the South Pacific region. Foreign development aid, as an important source of green finance in the region, has the fundamental purpose of reducing natural disasters' effect on the small island economies. With country...
Persistent link: https://www.econbiz.de/10012163861