Vanuatu: Selected Issues

March 5, 2007

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Vanuatu: Selected Issues, (USA: International Monetary Fund, 2007) accessed November 21, 2024

Summary

This Selected Issues paper focuses on the reasons for the historically weak performance of Vanuatu. Among the key factors, growth has been hindered by substantial barriers to private sector development. Impediments include political uncertainty, high costs of doing business, poor and costly infrastructure, incomplete secured transactions framework, and weak land and property rights. Although these problems are not uncommon in the Pacific island region, Vanuatu’s progress in these structural reforms has been particularly slow, deterring foreign investment and reducing external competitiveness.

Subject: Aid flows, Banking, Commercial banks, Credit, Financial institutions, Foreign aid, Loans, Money, Multilateral development institutions, Nonperforming loans

Keywords: Aid flows, Asia and Pacific, Australia and New Zealand, Bank, Commercial banks, Cost, Costs of business startup, CR, Credit, Development bank, Growth performance, Growth prospect, ISCR, Loans, Nonperforming loans, Pacific Islands, Registry cost, Vanuatu, Vanuatu government

Publication Details

Pages:

18
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/093
Stock No:

1VUTEA2007002
ISBN:

9781451840582
ISSN:

1934-7685

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