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The Financial Sector in Vanuatu: reform and new challenges

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Date

2000

Authors

De Fontenay, Patrick

Journal Title

Journal ISSN

Volume Title

Publisher

Asia Pacific Press

Abstract

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 centre is analysed, and outstanding issues for the future of the financial sector are discussed.

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Keywords

Citation

URI

http://hdl.handle.net/1885/91280

Collections

Pacific Economic Bulletin (1991-2010)

Source

Pacific Economic Bulletin, Vol. 15, No. 1, 2000

Type

Journal article

Book Title

Entity type

Access Statement

Open Access

License Rights

DOI

Restricted until

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151_financial.pdf (85.66 KB)
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