The great ‘Global Coronavirus Crisis’ and the PICs
The COVID-19 pandemic has hit the globe very hard, especially given the economies were still recovering from the recent shocks of Global Financial Crisis (GFC)… Read More
Region-PNG and the Pacific
COVID-19 delivers a body blow to Pacific tourism
The Pacific’s $4.2 billion tourism industry has been brought to its knees by COVID-19, with no certain signs of a proper recovery for at least two years. Tourism receipts from air travel alone totalled US$4.2 billion in 2019, an increase from US$4 billion in 2018. The economic fallout from the decline is expected to be severe in a region prone to natural disasters, and high levels of poverty and unemployment. Read More
Regional wrap
Griffith Asia Institute, Regional Wrap by Aakritit Bachhawat. Aus takes principled stand against Chinese economic coercion US leads push to restructure global supply chains India-Aus plan 'virtual' bilateral summit Read More
Coronavirus in the Pacific: weekly briefing
Tess Newton Cain (Griffith Asia Institute) and Dan McGarry share this weeks update of covid19 in the Pacific. Read More
Weekly Pacific Bulletin
TESS NEWTON CAIN | Barrick fallout continues In Papua New Guinea, the fallout from the government’s decision not to renew the mining license… Read More
Covid-19, Governance and the Role of the Opposition
The uncertainty about COVID-19 and its impact on our economies makes it even more important that governments do the right thing in terms of their policies. This crisis has already been a turning point for many countries. It has imposed new imperatives for policies, governance and accountability to ensure that scarce resources are utilised in a transparent and efficient manner so that the adverse impact on the quality of lives of our people can be cushioned. If we make mistakes in our response, in our preparedness for the post covid-19 scenario, then those mistakes would not be ones which can be corrected easily. They would be serious mistakes with potentially irreversible consequences. Read More
Financial development in Vanuatu on a global scale
This joint Reserve Bank of Vanuatu-Griffith University working paper is part of an ongoing extensive research capacity building program led by Griffith University for the South Pacific central banks. The views and opinions expressed in this study are those of the authors and do not reflect those of the Reserve Bank of Vanuatu or its Board. Read More
Coronavirus in the Pacific: weekly briefing
TESS NEWTON CAIN AND DAN MCGARRY | This week saw a dramatic slowing in the number of new cases in the Pacific islands with 259… Read More
Weekly Pacific Bulletin
TESS NEWTON CAIN | Kiribati elections The two rounds of elections to decide the new Parliament have concluded. The Presidential elections will take… Read More
How might coronavirus change Australia’s ‘Pacific Step-up’?
A more sophisticated and nuanced Pacific Step-up that addresses the challenges posed by coronavirus provides Australia with an opportunity to demonstrate to Pacific counterparts its ability and willingness to offer something that is different and more valuable than is available elsewhere. Read More
