Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/63237 
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dc.contributor.authorChowdhury, Anisen
dc.contributor.authorVidyattama, Yogien
dc.date.accessioned2012-09-21T09:18:28Z-
dc.date.available2012-09-21T09:18:28Z-
dc.date.issued2007-
dc.identifier.isbn9291909637=978-92-9190-963-6en
dc.identifier.urihttp://hdl.handle.net/10419/63237-
dc.description.abstractThis paper examines macroeconomic performance and policies in small Pacific island economies (SPIEs). These economies are highly prone to various supply shocks and face severe obstacles to development arising from their geography and demography. However, the paper contends that their lacklustre growth performance over the last two decades has also been due to excessively conservative macroeconomic policies. That is, a confluence of supply shocks and policy-induced constrained demand has resulted in poor economic performance. Given a very weak private sector, poor state of infrastructure and low-level human capital, the paper argues for the leading role of the government. It then elaborates on the elements of macroeconomic policies within a state-led development strategy.en
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Research Paper |x2007/24en
dc.subject.jelE63en
dc.subject.jelE66en
dc.subject.jelO23en
dc.subject.jelO56en
dc.subject.ddc330en
dc.subject.keywordPacific islandsen
dc.subject.keywordmacroeconomicsen
dc.subject.keywordgrowthen
dc.subject.keywordaiden
dc.subject.keywordfiscal policyen
dc.subject.stwWirtschaftswachstumen
dc.subject.stwWachstumspolitiken
dc.subject.stwInselen
dc.subject.stwPazifischer Raumen
dc.titleMacroeconomic policies for growth in small Pacific island economies-
dc.typeWorking Paperen
dc.identifier.ppn537395180en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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