Growth prospects in the Pacific: Four challenges driving longer-term prospects

Conference Name: Devpolicy Seminars
Event Type: Devpolicy Seminars
Presenter/s: Emma Veve, Christopher Edmonds
Year: 2014

Presentation/s:

The latest issue of the Asian Development Outlook, the Asian Development Bank’s flagship publication on economic developments in the Asia and Pacific region, predicts modestly stronger performance in Pacific island economies in 2014 and 2015.
Factors behind this growth will be briefly discussed before highlighting four trends seen as shaping growth across the diverse economies in the region: (i) trends in resource exports and resource depletion, (ii) efforts in public financial management, public service reform, and state owned enterprise reform, (iii) tourism and service sector growth, and (iv) evolving aid relationships. The seminar concluded with a discussion of results and future plans for ongoing research on the external economic links of Pacific island economies.Speakers:

Emma Veve is the Principal Economist, Pacific Department, Asian Development Bank.
Christopher Edmonds is the Senior Economist, Pacific Department, Asian Development Bank.

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