Fiji: Background Material

January 2, 1996

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Format: Chicago

Fiji: Background Material, (USA: International Monetary Fund, 1996) accessed September 19, 2024

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.

Subject: Exchange rate assessments, Exchange rates, Foreign exchange, International trade, Real effective exchange rates, Real exchange rates, Terms of trade

Keywords: Australia and New Zealand, CR, Exchange rate, Exchange rate assessments, Exchange rate volatility, Exchange rates, Fiji, Fiji authorities, Growth experience, Growth performance, ISCR, Pacific Islands, Real effective exchange rates, Real exchange rates, Reviews exchange rate policy, Short-run output fluctuation, Sugar export, Terms of trade

Publication Details

Pages:

83
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1995/128
Stock No:

1FJIEA0021995
ISBN:

9781451813364
ISSN:

1934-7685

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.

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