{
  "title": "Vanuatu: Selected Issues",
  "publication": "IMF Staff Country Reports, March 5, 2007",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/vanuatu-selected-issues-20490",
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  "summary": "This Selected Issues paper focuses on the reasons for the historically weak performance of Vanuatu. Among the key factors, growth has been hindered by substantial barriers to private sector development.",
  "publishDate": "2007-03-05",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Summary",
      "content": "- This Selected Issues paper focuses on the reasons for the historically weak performance of Vanuatu.\n- Growth has been hindered by substantial barriers to private sector development.\n- Impediments deterring foreign investment and reducing external competitiveness are identified and described."
    },
    {
      "heading": "Key factors hindering growth",
      "content": "- Political uncertainty.\n- High costs of doing business.\n- Poor and costly infrastructure.\n- Incomplete secured transactions framework.\n- Weak land and property rights.\n- Progress in these structural reforms has been particularly slow relative to peers in the Pacific island region."
    },
    {
      "heading": "Implications and analysis",
      "content": "- The combination of the above impediments has reduced external competitiveness.\n- Slow reform progress has deterred foreign investment.\n- These problems, while not uncommon in the Pacific island region, are acute in Vanuatu according to the paper.\n\n---\n\n Content in this bundle\n\n- Vanuatu: Selected Issues; IMF Country Report 07/93; February 9, 2007\n  - Vanuatu: Selected Issues; IMF Country Report 07/93; February 9, 2007 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Vanuatu: Selected Issues; IMF Country Report 07/93; February 9, 2007 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/vanuatu-selected-issues-20490"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2016/12/31/vanuatu-selected-issues-20490/index.md)",
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    "Published: March 5, 2007",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451840582.002",
    "This Selected Issues paper focuses on the reasons for the historically weak performance of Vanuatu.",
    "Growth has been hindered by substantial barriers to private sector development.",
    "Impediments deterring foreign investment and reducing external competitiveness are identified and described.",
    "Political uncertainty.",
    "High costs of doing business.",
    "Poor and costly infrastructure.",
    "Incomplete secured transactions framework.",
    "Weak land and property rights.",
    "Progress in these structural reforms has been particularly slow relative to peers in the Pacific island region.",
    "The combination of the above impediments has reduced external competitiveness.",
    "Slow reform progress has deterred foreign investment.",
    "These problems, while not uncommon in the Pacific island region, are acute in Vanuatu according to the paper.",
    "**Vanuatu: Selected Issues; IMF Country Report 07/93; February 9, 2007**"
  ],
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