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An educated, healthy and wealthy Vanuatu - 30th Anniversary of Independence

Other

Event details

Seminar

Date & time

Tuesday 03 August 2010
10.30am–11.30am

Venue

Conference Room, Reserve Bank building, Port Vila , Vanuatu

Speaker

Patrick de Fontenay

Contacts

Maree Tait
6125 4700

Additional links

After a decade of stagnation, Vanuatu has recorded 6 years of rapid growth since 2003, mainly due to growth in the tourism and construction sectors fostered by successful reforms, political reforms, political and macroeconomic stability and donors’ assistance. With a population growing by 2.8 percent annually and emigration possibilities still very limited, Vanuatu has no choice but to aim for continued fast growth. Tourism is the clearest choice for such growth, but more rapid growth in agriculture would have the greatest impact on poverty reduction and employment. Faster growth in agriculture and elsewhere will require further infrastructure building, a political and business climate favourable to foreign investment and reforms in some key areas on which private sector development depends.

This survey is published in the just released Pacific Economic Bulletin, Volume 25 Number 2, 2010-08-02.

Updated:  18 August 2022/Responsible Officer:  Crawford Engagement/Page Contact:  CAP Web Team