Pacific Economic Monitor July 2020


Book Description

This edition of the Pacific Economic Monitor discusses the impacts of COVID-19 and provides an overview of other current economic and development issues in Pacific developing member countries of ADB.




Palau 2020


Book Description




Pacific Economic Monitor December 2020


Book Description

This edition of the Pacific Economic Monitor discusses the outlook for 2021 and key issues for recovery from the coronavirus disease (COVID-19) crisis, including vaccine procurement and distribution.




Republic of Palau


Book Description

Republic of Palau: Selected Issues




The Quantification of Illegal, Unreported and Unregulated (IUU) Fishing in the Pacific Islands Region – a 2020 Update


Book Description

Illegal, unreported and unregulated (IUU) fishing is a recognised global problem that undermines the integrity of responsible fisheries management arrangements and results in lost value to coastal states. The first attempt at quantifying the value and volume of IUU fishing in tuna fisheries within the Pacific Islands region was undertaken in 2016 using data from 2010-2015 (MRAG Asia Pacific, 2016). That study estimated the total volume of product either harvested or transhipped involving IUU activity in Pacific tuna fisheries was 306,440t, with an ex-vessel value of $616.11m. Nevertheless, the authors noted that the data and information underlying many of the estimates were highly uncertain and that the outputs should be seen as a ‘first cut’. In order to assess changes in the nature and extent of IUU fishing since that time, this study was commissioned as part of the Global Environment Facility-funded Pacific Islands Oceanic Fisheries Management Project II (OFMP II) to undertake a ‘2020 update’ of the original estimates. Broadly, the aim was to undertake an ‘apples vs apples’ update of the original estimates, using a consistent methodology and taking into account the latest available information. The study period covered the years 2017-2019. Importantly, this preceded any COVID-19 related impacts on monitoring, control and surveillance (MCS) and IUU activity in the region. Broadly, we used a ‘bottom up’ approach to quantify IUU fishing activity across key IUU risks in four categories: (i) unlicensed/unauthorised fishing, (ii) misreporting, (iii) non-compliance with other license conditions (e.g. shark finning) and (iv) postharvest risks (e.g. illegal transhipping). ‘Best estimate’ and minimum/maximum range values were generated for each risk, taking into account the best available information. Monte Carlo simulation was then used to produce probabilistic estimates of IUU activity, taking into account probability distributions assigned within the minimum and maximum range values. Using this approach, estimates of IUU volume and value were developed for each of the three main fishing sectors – purse seine (PS), tropical longline (TLL) and southern longline (SLL) – and then aggregated to produce an overall estimate for Pacific Islands region tuna fisheries. The report sets out the outcomes from the analysis, as well as the main messages arising. The report also identifies priorities for future MCS development in the region across both purse seine and longline fisheries.




Palau 2020


Book Description




The Social Protection Indicator for the Pacific


Book Description

This report presents the analysis of 2018 data on social protection measures in Asian Development Bank’s 14 Pacific developing member countries. It uses the Asian Development Bank’s Social Protection Indicator to assess the level of resources invested in social protection, extent of coverage, and benefit levels of social protection programs. Further data disaggregation provides the distribution of social protection expenditures in terms of poverty, gender, and for people with disabilities. The report identifies measures adopted in response to the coronavirus disease pandemic and outlines the future directions for social protection in the Pacific region.




Routledge Handbook on Tourism and Small Island States in the Pacific


Book Description

This timely handbook critically examines the development and role of tourism in small Pacific Island states located across Melanesia, Micronesia and Polynesia. The volume presents an expansive evaluation of current issues, challenges and potentialities for the 13 self-governing states. Interdisciplinary in coverage and borne of a varied and international authorship, this handbook incorporates 27 specifically commissioned and original contributions. Structured into four thematic sections and embellished with insightful tables and illustrations throughout, the overarching ethos of this volume is to contribute to framing the role of tourism, tourism development and the tourism industry within the context of self-governing Pacific Island states faced with the challenge of pursuing an independent path of development. In doing so, the work highlights and deciphers various tourism development perplexities in the Pacific, examining closely the intersecting sociocultural, geopolitical, environmental, organizational, operational and strategic challenges. This volume, thus, discusses a range of issues: facilitators and inhibitors of tourism growth and development; climate change, ecological concerns, and eco-tourism; non-tourism and undertourism; crisis management and the COVID-19 virus; transportation and tourism infrastructural concerns; tourism policy and planning (including tourism governance); sectoral links between tourism; food and agriculture; gender and micro-entrepreneurship; community management and participation; cultural and natural heritage sites; and the handicraft industry. The work pays critical attention to the various trajectories of sustainable tourism and the United Nations Sustainable Development Goals. Despite the many challenges and concerns raised, the book implicates the importance of good governance, progressive post-COVID-19 recovery strategies and directives, and creative and imaginative options in the successful development, re-development and advancement of tourism. As a definitive reference resource for this subject area, this handbook will be of great interest to students, researchers and academics within tourism, development studies, geography, Pacific studies, sustainability and environmental studies.




World Bank East Asia and Pacific Economic Update, Spring 2020


Book Description

Growth in the developing East Asia and Pacific region slowed sharply in 2020Q1 because of the negative impact of the Covid-19 on economic activity. The decline has been broad-based reflecting the interconnectedness of the EAP economies and reverberations from the global economy as the virus turned into a pandemic. The Covid-19 outbreak followed an extended period of subdued growth in the region amid multiple external headwinds and heightened trade policy uncertainty. China and other regional economies have implemented monetary and fiscal policy measures to mitigate the negative impact of the outbreak. Growth in the East Asia and Pacific (EAP) region is projected to slow from 5.8 percent in 2019 to lower-than-expected [5.2 percent in 2020], reflecting the expected negative effects of the COVID-19. In this baseline scenario, which is subject to significant uncertainty, growth in the region is expected to recover to [5.6 percent in 2021], as the impact of Covid-19 gradually dissipates. In the medium-term regional growth is expected to continue its downward trend reflecting multiple structural headwinds. Policymakers should focus on designing economically efficient transmission control policies that consider both the marginal costs and the marginal benefits of preventive measures. Such policies would ideally be based on countries’ preparedness and exposure as well as economic circumstances. Targeted fiscal and monetary polices can help reduce the economic disruption caused by COVID-19 in the short term. In the medium-term, there is need to restore depleted buffers, address sources of financial instability, and invest in preventing and coping with infectious disease. Given the growing interdependence between EAP countries, coordinated policies and investments could increase resilience to shocks.




Japan's New Regional Reality


Book Description

Japan's regional geoeconomic strategy -- Foreign economic policy, domestic institutions and regional governance -- Geoeconomics of the Asia-Pacific -- Transformation in the Japanese political economy -- Trade and investment : a gradual path -- Money and finance : an uneven path -- Development and foreign aid : a hybrid path.