Republic of Fiji Systematic Country Diagnostic
Fiji is a small island nation in the South Pacific Ocean with population of 870,000.Nevertheless, Fiji has one of the most sophisticated economies among the Pacific Islands. The economy is the second largest in the Pacific after Papua New Guinea, a...
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okr-10986-285412021-05-25T09:04:36Z Republic of Fiji Systematic Country Diagnostic World Bank Group SHARED PROSPERITY POVERTY ECONOMIC GROWTH ACCESS TO SERVICES RESILIENCE Fiji is a small island nation in the South Pacific Ocean with population of 870,000.Nevertheless, Fiji has one of the most sophisticated economies among the Pacific Islands. The economy is the second largest in the Pacific after Papua New Guinea, and it is the most industrially advanced, with substantial services and manufacturing sectors.Fiji has not, however, realized its full economic potential.The 2014 election was a turning point for Fiji in many respects. First, the current government was elected with an outright majority and strong cross-ethnic support. Second, the election saw a genuine political debate, with citizens offered a choice between different visions for the future (Frankel 2014). Third, the election, which was declared free and fair by international observers, paved the way for Fiji’s re-engagement with development partners and created a better environment for private investment.Fiji can build on its relatively strong institutions to deliver faster growth and shared prosperity.The government plans to build on its achievements in poverty reduction and shared prosperity. The national development plan is to double real per capita income by 2035.The World Bank’s report Pacific Possible sets out several ideas for accelerating growth in Fiji by 2040. Areas of opportunities include tourism, migration, fisheries, deep sea mining, and the knowledge economy.This Strategic Country Diagnostic (SCD) identifies three pathways, as well as cross-cutting issues. (i) Stronger growth; (ii) Better access to services by all; (iii) Building resilience. These three pathways should be supported by cross-cutting efforts to improve governance, that is, to improve policy and the institutional capacity of the public sector to accelerate progress toward the twin goals.However, it continues to face a number of cross-cutting governance challenges.This report has identified many constraints and many possible policy solutions. But not everything can be done at once: priorities need to be selected. In selecting the priorities, this SCD uses three main criteria. The first is whether a policy is a precondition for making progress in pursuing others. The second is whether a policy is expected to have positive spillovers across different domains (e.g., growth, equity, resilience). The third is whether a policy is feasible, that is, it can be implemented in the medium term given cost, capacity, and political feasibility for action. 2017-10-18T21:23:05Z 2017-10-18T21:23:05Z 2017-06-12 Report http://documents.worldbank.org/curated/en/668391506585108864/Fiji-Systematic-country-diagnostic http://hdl.handle.net/10986/28541 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Systematic Country Diagnostic East Asia and Pacific Fiji |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
SHARED PROSPERITY POVERTY ECONOMIC GROWTH ACCESS TO SERVICES RESILIENCE |
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SHARED PROSPERITY POVERTY ECONOMIC GROWTH ACCESS TO SERVICES RESILIENCE World Bank Group Republic of Fiji Systematic Country Diagnostic |
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East Asia and Pacific Fiji |
description |
Fiji is a small island nation in the
South Pacific Ocean with population of 870,000.Nevertheless,
Fiji has one of the most sophisticated economies among the
Pacific Islands. The economy is the second largest in the
Pacific after Papua New Guinea, and it is the most
industrially advanced, with substantial services and
manufacturing sectors.Fiji has not, however, realized its
full economic potential.The 2014 election was a turning
point for Fiji in many respects. First, the current
government was elected with an outright majority and strong
cross-ethnic support. Second, the election saw a genuine
political debate, with citizens offered a choice between
different visions for the future (Frankel 2014). Third, the
election, which was declared free and fair by international
observers, paved the way for Fiji’s re-engagement with
development partners and created a better environment for
private investment.Fiji can build on its relatively strong
institutions to deliver faster growth and shared
prosperity.The government plans to build on its achievements
in poverty reduction and shared prosperity. The national
development plan is to double real per capita income by
2035.The World Bank’s report Pacific Possible sets out
several ideas for accelerating growth in Fiji by 2040. Areas
of opportunities include tourism, migration, fisheries, deep
sea mining, and the knowledge economy.This Strategic Country
Diagnostic (SCD) identifies three pathways, as well as
cross-cutting issues. (i) Stronger growth; (ii) Better
access to services by all; (iii) Building resilience. These
three pathways should be supported by cross-cutting efforts
to improve governance, that is, to improve policy and the
institutional capacity of the public sector to accelerate
progress toward the twin goals.However, it continues to face
a number of cross-cutting governance challenges.This report
has identified many constraints and many possible policy
solutions. But not everything can be done at once:
priorities need to be selected. In selecting the priorities,
this SCD uses three main criteria. The first is whether a
policy is a precondition for making progress in pursuing
others. The second is whether a policy is expected to have
positive spillovers across different domains (e.g., growth,
equity, resilience). The third is whether a policy is
feasible, that is, it can be implemented in the medium term
given cost, capacity, and political feasibility for action. |
format |
Report |
author |
World Bank Group |
author_facet |
World Bank Group |
author_sort |
World Bank Group |
title |
Republic of Fiji Systematic Country Diagnostic |
title_short |
Republic of Fiji Systematic Country Diagnostic |
title_full |
Republic of Fiji Systematic Country Diagnostic |
title_fullStr |
Republic of Fiji Systematic Country Diagnostic |
title_full_unstemmed |
Republic of Fiji Systematic Country Diagnostic |
title_sort |
republic of fiji systematic country diagnostic |
publisher |
World Bank, Washington, DC |
publishDate |
2017 |
url |
http://documents.worldbank.org/curated/en/668391506585108864/Fiji-Systematic-country-diagnostic http://hdl.handle.net/10986/28541 |
_version_ |
1764467101922230272 |