Are the Asia and Pacific Small States Different from Other Small States is popular PDF and ePub book, written by Ms.Patrizia Tumbarello in 2013-05-22, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Are the Asia and Pacific Small States Different from Other Small States can be Read Online from any device for your convenience.
Are the Asia and Pacific Small States Different from Other Small States Book PDF Summary
The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living standards relative to other small states due to their small populations, geographical isolation and dispersion, narrow export and production bases, exposure to shocks, and heavy reliance on aid. Higher fixed government costs, low access to credit by the private sector, and capacity constraints are also key challenges. The econometric analysis confirms that the Pacific Island Countries (PICs) have underperformed relative to their peers over the last 20 years. Although these countries often face more limited policy tools, policies do matter and can further help build resilience and raise potential growth, as evidenced in the recent business cycle. The Asia and Pacific small states should continue rebuilding buffers and improve the composition of public spending in order to foster inclusive growth. Regional solutions should also continue to be pursued.
Detail Book of Are the Asia and Pacific Small States Different from Other Small States PDF
- Author : Ms.Patrizia Tumbarello
- Release : 22 May 2013
- Publisher : International Monetary Fund
- ISBN : 9781484365373
- Genre : Business & Economics
- Total Page : 29 pages
- Language : English
- PDF File Size : 13,8 Mb
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