Pacific economies weathering global financial turmoil, but for how long?

The latest edition of ADB’s Pacific Economic Monitor “…projects economic growth of 6.0% in the Pacific region for 2012. Regional growth continues to be driven primarily by developments in the large resource-exporting economies of Papua New Guinea (PNG), Solomon Islands, and Timor-Leste … [but] growth in the rest of the Pacific islands…” has been significantly slower [read more].

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