Vanuatu: Selected Issues
Electronic Access:
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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.
Series:
Country Report No. 2007/093
Subject:
Aid flows Banking Commercial banks Credit Financial institutions Foreign aid Loans Money Multilateral development institutions Nonperforming loans
English
Publication Date:
March 5, 2007
ISBN/ISSN:
9781451840582/1934-7685
Stock No:
1VUTEA2007002
Pages:
18
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