Following the East Asian financial crisis, the Pacific Island Member Countries (PMC) appear to be headed toward recession. The governments are increasingly aware that state-led growth, based upon high levels of public investment and financial aid, has not substantially increased per capita income or the quality of life. Building a more resilient economic base has become a matter of political urgency. This report discusses how the PMC's development agenda could be implemented and emphasizes interlinking themes about enhancing the role of government.
- ISBN13 9780821343517
- Publish Date 31 December 1998
- Publish Status Active
- Publish Country US
- Imprint World Bank Publications
- Format Paperback
- Pages 122
- Language English