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Small Island States in the Pacific: the Tyranny of Distance

Small Island States in the Pacific: the Tyranny of Distance by Chris Becker
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This paper seeks to document key characteristics of small island states in the Pacific. It restricts itself to a limited number of indicators which are macro-orientated - population, fertility of land, ability to tap into economies of scale, income, and geographic isolation. It leaves aside equally important but more micro-orientated variables and development indicators. We show that small island states in the Pacific are different from countries in other regional groupings in that they are extremely isolated and have limited scope to tap economies of scale due to small populations. They often have little arable land. There is empirical evidence to suggest that these factors are related to income growth.
International Monetary Fund; September 2012
28 pages; ISBN 9781475560282
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Title: Small Island States in the Pacific: the Tyranny of Distance
Author: Chris Becker