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The Financial Sector in Vanuatu: reform and new challenges

De Fontenay, Patrick

Description

The financial sector in Vanuatu is relatively large for a country at its level of development. In 1998, financial services, including insurance, accounted for 7.5 per cent of GDP and 10.6 per cent of foreign exchange receipts from exports of good and services. About half of this was contributed by the offshore centre, the largest in the region. This survey describes the structure of the financial sector and the weaknesses which necessitated a major reform and restructuring effort. The offshore...[Show more]

CollectionsANU Crawford School of Public Policy
ANU Research Publications
Date published: 2000
Type: Journal article
URI: http://hdl.handle.net/1885/91280
Source: Pacific Economic Bulletin

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