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...

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Bibliographic Details
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/18581/1/Rise%20in%20Oil.pdf
http://ir.unimas.my/id/eprint/18581/
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