Title: Exploring the developments in urbanisation, aid dependency, sectoral shifts and services sector expansion in Fiji: a modern growth perspective

Authors: Ronald Ravinesh Kumar; Radika Kumar

Addresses: FBE Green House, School of Economics, Faculty of Business and Economics, University of the South Pacific, Laucala Campus, Private Mail Bag, Suva, Fiji ' School of Economics, Faculty of Business and Economics, University of the South Pacific, Private mail Bag, Suva, Fiji

Abstract: Using augmented Solow framework within the modern growth paradigm, we explore the contribution from agriculture, manufacturing and services sectors vis-à-vis per worker income in Fiji. Noting the highest contributory power from services sector, we unpack this sector into financial development, information and communications technology and tourism services besides taking into account the phenomenal growth in urbanisation and the economy's reliance on development assistance. We find these contemporary instruments are significantly shaping the growth and development path of Fiji. Subsequently, we put forward policy relevant discussions along sectoral lines, sustainable urban growth and aid management as critical discourse which can be mapped to other developing Pacific Island Countries.

Keywords: sectoral analysis; urbanisation; overseas development assistance; ODA; ARDL bounds approach; economic growth; Fiji; aid dependency; sectoral shifts; service sector expansion; financial development; information and communications technology; ICT; information technology; tourism services; sustainable urban growth; sustainability; aid management.

DOI: 10.1504/GBER.2013.056648

Global Business and Economics Review, 2013 Vol.15 No.4, pp.371 - 395

Published online: 30 Oct 2013 *

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