Brand: Nova Science Pub Inc Fiji Macroeconomy: An Introduction

The macroeconomic performance noted for Fiji during 1970-2004 period indicates that economic growth has been less than satisfactory; unemployment has been twice as high of that which had been officially recorded; real wages have been declining; current account and government budgets continue to remain in deficits and are getting worse; inflation is remaining above the desired level; and investment is remaining below desired levels. Over the long term, Fiji's economic growth has been below the average for the lower-middle- income and East Asia and the Pacific group of countries. This book brings together an in-depth look at the fluctuating Fiji economy.