Download or read book Pacific Island Economies written by Mr.Christopher Browne and published by International Monetary Fund. This book was released on 2006-08-28 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Pacific island region has considerable potential for development, especially in the areas of tourism, fisheries, forestry, mining, and agriculture. However, these countries face many challenges to developing their economies and raising living standards, including their small size, distance from major markets, and vulnerability to natural disasters. The first half of this book provides an assessment of regional issues. The second half includes country-specific chapters, which provide an overview of each countries economic performance since independence and the main challenges ahead.