Fiji: Background Material

Publication Date:

January 2, 1996

Summary:

This paper reviews Fiji’s growth performance since the late 1960s and empirically examines the factors underlying its weak performance. It concludes that Fiji’s growth performance, like most of the other Pacific island economies, has been constrained by its remoteness and vulnerability to external shocks. The main constraints to growth associated with small island economies are reviewed along with developments in the policy framework. The paper also analyzes Fiji’s growth performance and output behavior from different angles using three approaches: the Hodrick-Prescott filter, a growth accounting framework, and a reduced form equation.

Series:

Country Report No. 1995/128

Subject:

Notes:

This report on Fiji was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Fiji, or the Executive Board of the IMF.

English

Publication Date:

January 2, 1996

ISBN/ISSN:

9781451813364/1934-7685

Stock No:

1FJIEA0021995

Pages:

83

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