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Trade liberalisation and economic cooperation: the island states of the South Pacific

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Chand, Satish

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Crawford School of Public Policy, The Australian National University
Asia Pacific Press

Abstract

Freer trade by small countries who have zero terms-of-trade effects in global markets can be welfare-enhancing for all participants. This article argues the case for the closer integration of the island states of the Pacific in the Asia Pacific region. Even the larger states of the region can benefit from the better utilisation and management of the resources of the South Pacific island countries.

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Pacific Economic Bulletin, Vol. 12 , No. 1, 1997

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