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Fiji - A transition to manufacturing, Volume 1
 
Country:Fiji; Date Stored:2013/01/04
Document Date:1987/11/30Document Type:Publication
SubTopics:Environmental Economics & Policies; Economic Theory & Research; Emerging Markets; Markets and Market Access; Debt MarketsISBN:0-8213-0962-5
Language:EnglishMajor Sector:(Historic)Private Sector Development
Region:East Asia and PacificReport Number:PUB6372
Sub Sectors:(Historic)Business environmentCollection Title:A World Bank country study
Volume No: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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