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Efficiency of investment in Fiji

Jayaraman, Tiruvalangadu K. and Ward, B.D. (2004) Efficiency of investment in Fiji. The Empirical Economics Letters, 3 (6). pp. 321-332. ISSN 1681-8997

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Abstract

This paper analyzes the efficiency of capital in Fiji, which has been implementing reforms in the financial sector since the early 1980’s. despite progress in de-regulating interest rates and promoting competition among financial institutions, inadequacies in political and economic governance, leading to political and economic instability, have remained a problem. An econometric study shows that financial sector reforms and a greater role for the private sector have been beneficial and have contributed to the efficiency of capital. What is now needed is greater commitment to improving governance in political and economic arenas.

Item Type: Journal Article
Subjects: H Social Sciences > HG Finance
Divisions: Faculty of Business and Economics (FBE) > School of Economics
Depositing User: Ms Neha Harakh
Date Deposited: 25 Apr 2004 09:41
Last Modified: 03 May 2012 08:44
URI: http://repository.usp.ac.fj/id/eprint/3094
UNSPECIFIED

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