Fiji - A transition to manufacturing, Vol. 1 of 1

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Fiji - A transition to manufacturing

Collection Title:	A World Bank country study	Country:	Fiji;
Date Stored:	2013/01/04	Document Date:	1987/11/30
Document Type:	Publication	ISBN:	0-8213-0962-5
Language:	English	Major Sector:	(Historic)Private Sector Development
Region:	East Asia and Pacific	Report Number:	PUB6372
Sub Sectors:	(Historic)Business environment	SubTopics:	Environmental Economics & Policies; Economic Theory & Research; Emerging Markets; Markets and Market Access; Debt Markets
Volume No:	1 of 1

Summary: Although Fiji has done well in its sugar and tourism sectors in the past, indications show that these industries have passed their prime, and the country must increasingly look to the manufacturing sector as its source of capital accumulation. Furthermore, since the domestic market is small for this type of product, manufacturing development must therefore be export oriented. The approach in support of this strategy which is advanced in this report leans on the experience of the East Asian countries that have surmounted the handicap of smallness by creating internationally competitive export industries. Certain elements of the strategies employed by the East Asian NICs, suitably modified to accommodate Fiji's circumstances and the increasingly politicized trading environment, might well secure the country's needs. After briefly describing the developmental gambit perfected by the NICs, the report picks up five strands of the strategy and examines them in greater detail. They include industrial incentives, taxes, trade patterns, labor policies, and policies towards information, marketing and product design.


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