Issues in Monetary and Fiscal Policy in Small Developing States
A Case Study of the Pacific
Will be published approx. on 11. October 2011
Book
Paperback/Softback
142 pages
978-1-84929-062-3 (ISBN)
Description
This study examines how monetary and fiscal policies are implemented in Pacific small states and the impact on growth and development in these countries. It carefully sets out both the policy and institutional constraints in monetary and fiscal policy management, provides case study examples of policy implementation in practice, and suggests policy options that can be used by these countries.
More details
Language
English
Place of publication
London
United Kingdom
Target group
Professional and scholarly
Dimensions
Height: 240 mm
Width: 165 mm
ISBN-13
978-1-84929-062-3 (9781849290623)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
T.K. Jayaraman is an Associate Professor in the School of Economics, the University of the South Pacific. His current areas of research are aid effectiveness in Pacific island countries and regional economic integration with single economic space and a single currency. Professor Paresh Narayan is a Professor of Finance at Deakin University, Melbourne, Australia and an Adjunct Professor of Economics at the University of the South Pacific. He is also a consultant to a number of private and international institutions.
Content
About the authors
Acknowledgements
Tables, figures and boxes
Abbreviations and acronyms
Pacific Island currencies
Preface
1. Monetary Policy Transmission Mechanisms in Pacific Island Countries by TK Jayaraman
1.1 Background
1.2 Policy strategies
1.3 Empirical evidence in Pacific island countries
1.4 Financial sectors in PICS
2. Fiscal Policy Frameworks in Pacific Island Countries by Paresh Narayan
2.1 Introduction
2.2 Key issues and lessons learned
2.3 Fiscal policy strategies in the PICs
2.4 Country case studies
2.5 Financial crisis and the PICs
2.6 Conclusions and recommendations
3. Macroeconomic Performance in Six Pacific Island Countries by TK Jayaraman
3.1 Introduction
3.2 Fiji
3.3 Papua New Guinea
3.4 Samoa
3.5 Solomon Islands
3.6 Tonga
3.7 Vanuatu
Appendix 1. Monetary Policy Instruments: Chronological Developments
Appendix 2. Socio-economic Profile of PICs
Acknowledgements
Tables, figures and boxes
Abbreviations and acronyms
Pacific Island currencies
Preface
1. Monetary Policy Transmission Mechanisms in Pacific Island Countries by TK Jayaraman
1.1 Background
1.2 Policy strategies
1.3 Empirical evidence in Pacific island countries
1.4 Financial sectors in PICS
2. Fiscal Policy Frameworks in Pacific Island Countries by Paresh Narayan
2.1 Introduction
2.2 Key issues and lessons learned
2.3 Fiscal policy strategies in the PICs
2.4 Country case studies
2.5 Financial crisis and the PICs
2.6 Conclusions and recommendations
3. Macroeconomic Performance in Six Pacific Island Countries by TK Jayaraman
3.1 Introduction
3.2 Fiji
3.3 Papua New Guinea
3.4 Samoa
3.5 Solomon Islands
3.6 Tonga
3.7 Vanuatu
Appendix 1. Monetary Policy Instruments: Chronological Developments
Appendix 2. Socio-economic Profile of PICs