Enhancing the Role of Government in the Pacific Island Economies

Download or read book Enhancing the Role of Government in the Pacific Island Economies written by and published by World Bank Publications. This book was released on 1998-01-01 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the East Asian financial crisis, the Pacific Island Member Countries (PMC) appear to be headed toward recession. The governments are increasingly aware that state-led growth, based upon high levels of public investment and financial aid, has not substantially increased per capita income or the quality of life. Building a more resilient economic base has become a matter of political urgency. This report discusses how the PMC's development agenda could be implemented and emphasizes interlinking themes about enhancing the role of government.