Vanuatu : Recent Economic Developments

Vanuatu has maintained macroeconomic stability, but real GDP growth slowed despite the receipt of considerable foreign assistance and the implementation of structural reforms under the Comprehensive Reform Program (CRP). A sharp increase in liquidity, a consequent bulge in consumption, and a rise in imports have affected Vanuatu's recent economic performance. Inflation, as measured by the consumer price index for the main urban centers, has remained moderate in recent years. The paper also discusses prices and population, financial sector, and external sector developments of Vanuatu.
Publication date: October 2000
ISBN: 9781451840483
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International - Economics , International - Economics , foreign currency , commercial banks , net foreign assets , foreign direct investment , direct investment

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