The Fiji coup: a spate of economic catastrophes

Abstract

The most recent (third) coup in Fiji will have catastrophic consequences for the economy. Modelling suggests output could decline 10 per cent or more for the year as a direct result of the coup, with the impact likely to be felt most by the poor. Moreover, the implications for investment will have perennial consequences. Sanctions and reprisals by the international community, unless clinically applied, will exacerbate the impact and will push the economy further back in terms of economic development. Show more