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pacific economies
Pago Pago, AMERICAN SAMOA — The Asian Development Bank (ADB) is offering a sunny outlook on the Pacific economy, but with clouds on the horizon.
In its latest forecasts, the Bank puts economic growth at 4.1 percent regionwide, while projecting a dip in inflation.
But the region is expected to slow...
PACIFIC ISLANDS — Pacific economies will suffer a sharp fall as resource prices collapse and tourism numbers plummet to zero, but their remoteness could provide something of a buffer in what a World Bank economist called a 'double-edged sword' effect.
In its just-released economic update for East...