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dc.contributor.authorChowdhury, Anisen_US
dc.contributor.authorVidyattama, Yogien_US
dc.date.accessioned2012-09-21T09:18:28Z-
dc.date.available2012-09-21T09:18:28Z-
dc.date.issued2007en_US
dc.identifier.isbn9291909637=978-92-9190-963-6en_US
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_US
dc.language.isoengen_US
dc.publisherUNU-WIDER Helsinkien_US
dc.relation.ispartofseriesResearch Paper, UNU-WIDER, United Nations University (UNU) 2007/24en_US
dc.subject.jelE63en_US
dc.subject.jelE66en_US
dc.subject.jelO23en_US
dc.subject.jelO56en_US
dc.subject.ddc330en_US
dc.subject.keywordPacific islandsen_US
dc.subject.keywordmacroeconomicsen_US
dc.subject.keywordgrowthen_US
dc.subject.keywordaiden_US
dc.subject.keywordfiscal policyen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwWachstumspolitiken_US
dc.subject.stwInselen_US
dc.subject.stwPazifischer Raumen_US
dc.titleMacroeconomic policies for growth in small Pacific island economiesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn537395180en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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