Pacific Economic Monitor December 2016

Pacific Economic Monitor December 2016

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2016-12-01

Total Pages: 32

ISBN-13: 9292576682

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This issue of the Pacific Economic Monitor discusses current and critical policy issues confronting ADB's Pacific developing member countries. The theme of the policy briefs in this issue is niche market development.


Pacific Economic Monitor July 2016

Pacific Economic Monitor July 2016

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2016-07-01

Total Pages: 40

ISBN-13: 9292575325

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This issue of the Pacific Economic Monitor updates the 2016 and 2017 GDP growth and inflation projections ADB's Pacific developing member countries. The theme of the policy briefs in this issue is Fisheries in Pacific Economies.


Pacific Economic Monitor December 2018

Pacific Economic Monitor December 2018

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2018-12-01

Total Pages: 150

ISBN-13: 9292614312

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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.


Pacific Economic Monitor December 2020

Pacific Economic Monitor December 2020

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2020-12-01

Total Pages: 153

ISBN-13: 9292625772

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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.


Pacific Economic Monitor July 2018

Pacific Economic Monitor July 2018

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2018-07-01

Total Pages: 133

ISBN-13: 9292612778

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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.


Pacific Economic Monitor – August 2023

Pacific Economic Monitor – August 2023

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2023-08-01

Total Pages: 185

ISBN-13: 9292702718

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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.


Pacific Economic Monitor December 2017

Pacific Economic Monitor December 2017

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2017-12-01

Total Pages: 128

ISBN-13: 9292610279

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This latest issue of the Pacific Economic Monitor highlights the gains of Pacific developing member countries (Pacific DMCs) and the challenges that the Pacific DMCs continue to face including the impacts of climate change. The Pacific is among those parts of the world most vulnerable to weather-related disasters. To illustrate, 5 of the top 15 countries with the highest risk, and 10 of the top 30 facing the largest potential economic losses from disasters, are in the subregion. With climate change bringing additional risks from global sea level rise---and potentially heightening vulnerability to more intense, frequent, and prolonged extreme weather events---Pacific economies are stepping up adaptation efforts to brace for future adverse impacts. These include climate-proofing vital infrastructure assets, strengthening disaster risk management, and expanding social safety nets to build resilience to disasters. Further, a number of Pacific economies are promoting green urban development to move toward more sustainable green cities. Careful monitoring and planning will also be required to manage important income flows, including fishing license fees and tourism-related revenues, amid climate-related volatilities and to maintain adequate fiscal buffers for disaster response.


Pacific Economic Monitor July 2020

Pacific Economic Monitor July 2020

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2020-07-01

Total Pages: 125

ISBN-13: 9292623052

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This edition of the Pacific Economic Monitor discusses the impacts of COVID-19 and provides an overview of other current economic and development issues in Pacific developing member countries of ADB.


Pacific Economic Monitor - December 2019

Pacific Economic Monitor - December 2019

Author: Asian Development Bank

Publisher:

Published: 2019-12

Total Pages: 42

ISBN-13: 9789292619121

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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.