Financial Sector Development in Pacific Island Economies: Country reports

Financial Sector Development in Pacific Island Economies: Country reports

Author: Marian E. Bond

Publisher:

Published: 2001

Total Pages: 332

ISBN-13: 9789715613927

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Volume 1 assesses the state of financial sector development in seven of the 12 Pacific developing member countries of the Asian Development Bank (ADB). It consolidates the findings of individual country reports on the Fiji Islands, Kiribati, Papua New Guinea, Samoa, Solomon Islands, Tonga, and Vanuatu, and recommends strategies for developing sound financial systems in the areas of macroeconomic policy, banking systems, nonbank financial institutions, financial markets, microfinance, and land tenure systems. Volume 2 specifically analyzes the attempts by Pacific developing member countries' governments to strengthen and develop their financial systems in order to promote economic development. They emanate from a regional technical assistance project that had the objective of formulating strategies for financial sector development, which would be the basis of a policy dialogue between the governments and ADB. Recommendations are of special relevance to the operations and management of central banks.


Financial Sector Development in Pacific Island Economies: Regional report

Financial Sector Development in Pacific Island Economies: Regional report

Author: Bruce Knapman

Publisher:

Published: 2002

Total Pages: 548

ISBN-13:

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Volume 1 assesses the state of financial sector development in seven of the 12 Pacific developing member countries of the Asian Development Bank (ADB). It consolidates the findings of individual country reports on the Fiji Islands, Kiribati, Papua New Guinea, Samoa, Solomon Islands, Tonga, and Vanuatu, and recommends strategies for developing sound financial systems in the areas of macroeconomic policy, banking systems, nonbank financial institutions, financial markets, microfinance, and land tenure systems. Volume 2 specifically analyzes the attempts by Pacific developing member countries' governments to strengthen and develop their financial systems in order to promote economic development. They emanate from a regional technical assistance project that had the objective of formulating strategies for financial sector development, which would be the basis of a policy dialogue between the governments and ADB. Recommendations are of special relevance to the operations and management of central banks.


Economic Development in Seven Pacific Island Countries

Economic Development in Seven Pacific Island Countries

Author: Mr.Christopher Browne

Publisher: International Monetary Fund

Published: 1989-06-15

Total Pages: 234

ISBN-13: 9781557750358

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This book, by Christopher Browne with Douglas A. Scott, reviews the economic progress that Fiji, Kiribati, Papua New Guinea, Solomon Islands, Tonga, Vanuatu, and Western Samoa have made since independence. An overview of the region examines development strategies, external economic relations, the role of the private sector, and the evolution of financial structures. Seven country studies describe the main characteristics of each economy, analyze performance over the past decade, and provide detailed statistics suitable for cross-country comparison.


What Drives Interest Rate Spreads in Pacific Island Countries? An Empirical Investigation

What Drives Interest Rate Spreads in Pacific Island Countries? An Empirical Investigation

Author: Mr.Fazurin Jamaludin

Publisher: International Monetary Fund

Published: 2015-05-04

Total Pages: 26

ISBN-13: 1484362268

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Growth has been sluggish in Pacific island countries (PICs). High cost of credit is likely one of the reasons. While the small scale, geographic dispersion, and vulnerability to shocks increase the cost and risk of credit in this country group, there is considerable variability in interest rate spreads both across countries and over time. This paper examines the determinants of lending rates and interest rate spreads in a panel of six PICs, extending the literature that was largely descriptive in nature or focused on a single country. Our results are in line with economic theory. We find that the size of the economy is negatively correlated with spreads, confirming the importance of scale. Inflation appears to have only marginal impact on spreads. High loan loss provisions and nonperforming loans increase the cost of credit. So does banking system concentration. Higher institutional quality is associated with lower spreads.


Pacific Island Economies

Pacific Island Economies

Author: Mr.Christopher Browne

Publisher: International Monetary Fund

Published: 2006-08-28

Total Pages: 186

ISBN-13: 9781589065161

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The Pacific island region has considerable potential for development, especially in the areas of tourism, fisheries, forestry, mining, and agriculture. However, these countries face many challenges to developing their economies and raising living standards, including their small size, distance from major markets, and vulnerability to natural disasters. The first half of this book provides an assessment of regional issues. The second half includes country-specific chapters, which provide an overview of each countries economic performance since independence and the main challenges ahead.


Digital Financial Services in the Pacific

Digital Financial Services in the Pacific

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2016-03-01

Total Pages: 68

ISBN-13: 9292573594

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The challenging geography and poor infrastructure of many Pacific nations mean digital financial services (DFS) are a particularly effective means of enhancing financial inclusion in the region. However, a number of major challenges confront DFS in the Pacific, including the establishment of reliable agent networks and the building of sufficient consumer trust in DFS for it to become a viable payments channel. This report examines the current use of DFS in the Pacific, analyzes the issues that need to be addressed, and provides recommendations for increasing financial inclusion in the region. This publication was produced by the Pacific Private Sector Development Initiative, a regional technical assistance facility cofinanced by the Asian Development Bank (ADB), the Government of Australia and the New Zealand government.