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Structural Adjustment in Fiji under the Interim Government, 1987-1992

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Title: Structural Adjustment in Fiji under the Interim Government, 1987-1992
Authors: Akram-Lodhi, A Haroon
Keywords: Fiji
Pacific island countries
structural adjustment
small island economies
trade liberalization
show 1 moreinternational economics
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LC Subject Headings: Oceania -- Periodicals.
Issue Date: 1996
Publisher: University of Hawai’i Press
Center for Pacific Islands Studies
Citation: Akram-Lodhi, A. H. 1996. Structural Adjustment in Fiji under the Interim Government, 1987-1992. The Contemporary Pacific 8 (2): 259-90.
Abstract: This article critically assesses the success of market-led structural adjustment in
Fiji. After reviewing the rationale behind structural adjustment programs it
examines the economic policies of Fiji’s Interim Government between 1987 and
1992, demonstrating that such policies were both consistent with structural adjustment
and represented confirmation of a change in economic policy. The economic
performance of Fiji under structural adjustment is examined. However, in
delving behind the data the article uncovers both supply and demand constraints
that together suggest an inability to resolve major structural issues facing the
economy. As a consequence, the capacity of the economy to respond to the
changed framework of incentives brought about by structural adjustment is inhibited.
Market-led structural adjustment has not acted to remove key limitations
to economic growth in Fiji.
ISSN: 1043-898X
Appears in Collections:TCP [The Contemporary Pacific], 1996 - Volume 8, Number 2

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