Rise in Oil Price and Economic Growth in Pacific Island An Empirical Study
None of the 14 Pacific Island countries (PICs), except Papua New Guinea has any fossil fuel resources. Consequently, all the 13 PICs are totally dependent on oil imports for their economic activities. Recent surges in oil prices have had serious economic repercussions on economic growth. This paper...
| Main Authors: | Jayaraman, T.K, Lau, Evan |
|---|---|
| Format: | Working Paper |
| Language: | English |
| Published: |
School Of Economics University Of The South Pacific
2008
|
| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/18581/ http://ir.unimas.my/id/eprint/18581/1/Rise%20in%20Oil.pdf |
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