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Pacific Island economies are mostly depend … Pacific Island economies are mostly dependent on natural resources, with a tiny manufacturing sector and no heavy industry. In Fiji and Papua New Guinea, for instance, there is a need to adopt automated machinery and design in forestry and to improve training, in order to add value to exports. Papua New Guinea experienced the strongest economic growth between 2005 and 2013 (60%), during the commodities boom. Even during the global financial and economic crisis of 2008-2009, its economy grew by 13%. Vanuatu saw the next strongest growth (35%) over this period, including 10% growth in 2008-2009. Growth was more pedestrian in the Marshall Islands (a cumulative 19%), Tuvalu (16%), Samoa (15%), Kiribati (13%), Fiji (12%) and Tongo (8%). The economies of the Federated States of Micronesia and Palau actually shrank over this nine-year period. Samoa, the Marshall Islands and Fiji all experienced recession in 2008 and 2009. The trade balance is more skewed towards imports than exports, with the exception of Papua New Guinea, which has a mining industry. There is growing evidence that Fiji is becoming a re-export hub in the Pacific; between 2009 and 2013, its re-exports grew threefold, accounting for more than half of all exports by Pacific Island states. Samoa can also expect to become more integrated in global markets from now on, having joined the World Trade Organization in 2012. Fiji, Papua New Guinea and the Solomon Islands are also members of the World Trade Organization. Pacific Island states make up a very small share of the South Pacific's high-tech exports. These exports receded between 2008 and 2013 by 46% for Fiji and by 41% for Samoa, according to the United Nations' Comtrade database. Fiji's high-tech exports were down from US$5.0 million to US$2.7 million and Samoa's from US$0.3 to US$0.2 million. In 2013, the majority of Fijian high-tech exports were pharmaceutical products (84%), whereas Samoa exports mainly scientific instruments (86%) and Kiribati non-electrical machinery (79%). Armaments make up 92% of high-exports from the Solomon Islands. of high-exports from the Solomon Islands.
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https://sustainabledevelopment.un.org/samoapathway.html +
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Schneegans, S., T. Straza and J. Lewis
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https://unesdoc.unesco.org/ark:/48223/pf0000377433/PDF/377433eng.pdf.multi +
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C-BY-SA 3.0 IGO
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UNESCO
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UNESCO Science Report: the Race Against Time for Smarter Development.
, UNESCO Science Report; towards 2030
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| rdfs:comment |
Pacific Island economies are mostly depend … Pacific Island economies are mostly dependent on natural resources, with a tiny manufacturing sector and no heavy industry. In Fiji and Papua New Guinea, for instance, there is a need to adopt automated machinery and design in forestry and to improve training, in order to add value to exports. In 2013, the majority of Fijian high-tech exports were pharmaceutical products (84%), whereas Samoa exports mainly scientific instruments (86%) and Kiribati non-electrical machinery (79%). Armaments make up 92% of high-exports from the Solomon Islands. of high-exports from the Solomon Islands.
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Science and technology in Pacific Island countries
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