Pacific Economic Update : Diminishing Growth Amid Global Uncertainty - Ramping Up Investment in the Pacific : Summary and Key Findings (English)

The World Bank’s Pacific Economic Update provides an assessment of the economies of 11 Pacific Island countries (PIC-11) in part 1 and highlights the potential of investment to broaden the economic horizons of the region in part 2. In 2024, growth across PIC-11 economies is estimated to have slowed significantly to 3.6 percent, following a robust 5.8 percent expansion in 2023. This slowdown reflects the diminishing impact of the post-pandemic recovery...

Document also available in : English

DETAILS

Author

Ekaterine T. Vashakmadze;

Vishesh Agarwal;

Warunthorn Milk Puthong;

Kersten Kevin Stamm;

Dana Vorisek;
Document Date
2024/10/14
Document Type
Report
Report Number
194081
Volume No
1
Country
Pacific Islands,
Region
East Asia and Pacific,
Disclosure Date
2024/10/14
Disclosure Status
Disclosed
Doc Name
Pacific Economic Update : Diminishing Growth Amid Global Uncertainty - Ramping Up Investment in the Pacific : Summary and Key Findings

Language

English

Rel. Proj ID

P2-Papua New Guinea and Pacific Island Countries Macroeconomic Monitoring and Analysis PASA -- P506957

Major Sector

Public Administration

Theme

Data Policy, Law, Regulation, and Governance,Data Diagnostic or Data Assessment,Poverty and Equity,Macroeconomic Modeling,Poverty and Equity,Fiscal Policy,Modelling of the Macroeconomics of Climate Change,Economic Policy,Public Expenditure Policy,Macroeconomic Simulation and Policy Analysis,Data Ecosystem,Macroeconomic Model Development

Sector

Central Government (Central Agencies)

Topics

Economic Growth,Economic Growth Analytics,Investment Climate,Investment Incentives,Macroeconomic Analysis of Economic Development,

Unit Owning

EFI-EAP-MTI-MacroFiscal-2 (EEAM2)

Version Type

Final

Series Name

Pacific Economic Update;

Product Line

Advisory Services & Analytics

Citation

Ekaterine T. Vashakmadze; Vishesh Agarwal; Warunthorn Milk Puthong; Kersten Kevin Stamm; Dana Vorisek.

Pacific Economic Update : Diminishing Growth Amid Global Uncertainty - Ramping Up Investment in the Pacific : Summary and Key Findings (English). Pacific Economic Update Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099101424002515939

Pacific Economic Update : Diminishing Growth Amid Global Uncertainty - Ramping Up Investment in the Pacific : Summary and Key Findings (English)

DETAILS

Citation

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