Pacific Economic Monitor December 2018 PDF Download

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292614312
Category : Business & Economics
Languages : en
Pages : 150

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Book Description
This publication provides an update on developments in Pacific economies, explores topical policy issues in the region over the years, and presents global forecasts for 2019. It includes an outline of the economic setting, as well as country economic issues and specific policy briefs for 14 Pacific economies. This includes analysis of critical development challenges including connectivity, climate change and disaster resilience, tourism, fisheries, and public sector management. The December 2018 issue also focuses on debt sustainability amid clear financing needs to help address remaining infrastructure and services gaps in the Pacific.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292612778
Category : Business & Economics
Languages : en
Pages : 133

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Book Description
This issue highlights the economic prospects of the Pacific developing member countries (Pacific DMCs) and stresses the importance of improving the quality and access to basic and sustainable utilities in the Pacific DMCs. Access to electricity is low in the Pacific, particularly in the more remote and less developed parts of the subregion. Factors contributing to this include dependence on costly fossil fuels for power generation, inadequate investment in infrastructure, and electricity services that may be beyond the means of poorer rural households. To help address these challenges, most Pacific governments are taking steps to shift toward renewable energy and ultimately meet ambitious targets under international climate change commitments. Further, they have made strategic investments in more effi cient transmission networks, and better collection and payment systems.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292625772
Category : Health & Fitness
Languages : en
Pages : 153

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Book Description
This edition of the Pacific Economic Monitor discusses the outlook for 2021 and key issues for recovery from the coronavirus disease (COVID-19) crisis, including vaccine procurement and distribution.

Author: Asian Development Bank
Publisher:
ISBN: 9789292619121
Category : Business & Economics
Languages : en
Pages : 42

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Book Description
The Pacific Economic Monitor provides updates on developments in Pacific economies and explores topical policy issues. The 2019 growth forecast for the Pacific subregion has been raised from 3.5% to 4.2%, driven mainly by higher liquefied natural gas production in Papua New Guinea and increased construction expenditure in Samoa and Solomon Islands, as well as lower-than-projected economic decline in Nauru. However, project delays in Papua New Guinea, tepid growth in some economies, and slower recovery in others will likely moderate subregional growth to 2.6% in 2020. Highlights Trade conflict continues to weigh down on the global economy. Prospects for global growth continue to weaken as the ongoing trade conflict slows growth in major economies, including the People's Republic of China. The weak external environment translates into a softer 2019-2020 outlook for the Pacific through subdued exports, including from Fiji. Focusing on the development needs of small island developing states. The complex interplay among geographic and physical challenges faced by small island developing states manifests in elevated cost structures and heightened economic vulnerability that severely constrain development prospects. Compounded by fragility from thin institutional capacities for effective governance and elevated climate change risks--a clear "threat multiplier"--these challenges call for a differentiated approach to long-term development strategies among small island developing states.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292616897
Category : Business & Economics
Languages : en
Pages : 146

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Book Description
The Pacific's economic outlook remains solid despite the global slowdown. While social development gains in the region have been steady, some big challenges remain. This issue of the Pacific Economic Monitor begins with an overview of international and regional economic developments. It features 13 articles and policy briefs that explore socioeconomic development in the Pacific, particularly on social protection, education, elderly care, health care and health financing, pension schemes, water and sanitation, nutrition, employment, and financial inclusion.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292692305
Category : Business & Economics
Languages : en
Pages : 119

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Book Description
This issue of the Pacific Economic Monitor explores how the region can reopen and rebuild. Besides safely resuming travel and protecting health, a resilient recovery will depend on promoting fiscal sustainability and strengthening economic management, including regional cooperation to revitalize tourism.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292702718
Category : Political Science
Languages : en
Pages : 185

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Book Description
Pacific economies are bouncing back as tourism recovers and infrastructure projects resume, but inflationary pressures and vulnerability to natural hazards remain downside risks. This edition of the Pacific Economic Monitor tracks the rebound of some tourism-dependent economies; explores new opportunities from agriculture, digitalization, and fisheries; and analyzes ways to mitigate fiscal risks and support sustainable economic growth. It highlights how policies can better support women entrepreneurs and how strengthening fiscal reserves can help countries recover more quickly from shocks.

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 929262993X
Category : Business & Economics
Languages : en
Pages : 144

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Book Description
The Pacific is expected to recover with moderate growth of 1.4% in 2021 and 3.8% in 2022, with tourism and widespread vaccination playing key roles. This issue of the Pacific Economic Monitor provides insights on experiences and lessons of Pacific island countries in striking a delicate balance between health and economic concerns. It also outlines ADB's new development strategy to help the region address the impacts of the coronavirus disease (COVID-19).

Author: Asian Development Bank
Publisher:
ISBN:
Category : Asia
Languages : en
Pages : 41

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Book Description

Author: Asian Development Bank
Publisher:
ISBN: 9789292705107
Category :
Languages : en
Pages : 0

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Book Description
Continued growth is expected in the Pacific, but governments need to generate additional resources for public infrastructure and services essential to sustaining economic development. This edition of the Pacific Economic Monitor presents the region's experiences in domestic resource mobilization (DRM), the process wherein governments generate their own resources to fund their operations. Policy briefs examine the case for improving DRM, explore digital transformation in tax administration, and discuss tourism, an important sector in many Pacific economies that may have a role to play in contributing to DRM.