Fiscal Deficits in the Pacific Region

Nations of the Pacific region had, until recently, a reputation for prudent running of their economies with minimal fiscal imbalances and debt. This reputation has become tarnished of late thanks to some financial crises that have brought about real debt management problems for several economies in this area. This book analyzes a selection of these economies paying specific attention to their fiscal policies and structures. The impressive contributions cover a range of countries seeking to provide evidence that can be made useful for future policy decisions. A wide range of experts from across the globe have some together in this useful book. They have produced a work that will be recommended reading for students and academics involved in the area of international finance, money and banking and Asia Pacific Studies. The policy lessons that can be learned from this book will also need to be taken on board by policy-makers the world over.