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Exploring the developments in urbanisation, aid dependency, sectoral shifts and services sector expansion in Fiji: a modern growth perspective

Kumar, Ronald R. and Kumar, Radika D. (2013) Exploring the developments in urbanisation, aid dependency, sectoral shifts and services sector expansion in Fiji: a modern growth perspective. Global Business and Economics Review, 15 (4). pp. 371-394. ISSN 1097-4954

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    Abstract

    Using augmented Solow framework within the modern growth paradigm, we explore the contribution from agriculture, manufacturing and services sectors vis-à-vis per worker income in Fiji. Noting the highest contributory power from services sector, we unpack this sector into financial development, information and communications technology and tourism services besides taking into account the phenomenal growth in urbanisation and the economy's reliance on development assistance. We find these contemporary instruments are significantly shaping the growth and development path of Fiji. Subsequently, we put forward policy relevant discussions along sectoral lines, sustainable urban growth and aid management as critical discourse which can be mapped to other developing Pacific Island Countries.

    Item Type: Journal Article
    Uncontrolled Keywords: Sectoral analysis, urbanisation, overseas development assistant, ODA, ARDL Bounds approach, growth, Fiji
    Subjects: H Social Sciences > HC Economic History and Conditions
    H Social Sciences > HE Transportation and Communications
    Divisions: Faculty of Business and Economics (FBE) > School of Economics
    Depositing User: Ronald Kumar
    Date Deposited: 13 May 2013 10:52
    Last Modified: 21 Jun 2016 12:44
    URI: http://repository.usp.ac.fj/id/eprint/5808
    UNSPECIFIED

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