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Financial sector development and economic growth in Pacific island countries

Chand, Satish

Description

This paper explores the relationship between financial sector development and economic growth in the Pacific island countries. The analysis suggests that the poor state of financial sectors has constrained the mobilisation of savings for growth and therefore restricted economic development in the region. Moreover, past policies to 'assist' financial sector development have been counterproductive. Alternative policy options to achieve the desired results are explored.

CollectionsANU Crawford School of Public Policy
ANU Research Publications
Date published: 2002
Type: Journal article
URI: http://hdl.handle.net/1885/94656
Source: Pacific Economic Bulletin

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