Vanuatu growth rates shows Pacific can do well

Updated July 29, 2009 08:37:04

There's a bright spot in some of the economic gloom around the Pacific at the moment -- Vanuatu. The country has experienced an average growth rate of 6.6 per cent since 2003, mainly in tourism and construction. The Pacific Institute of Public Policy has just issued a briefing paper drawing attention to Vanuatu's economic success, and suggests that it's the country's social stability which is at least partly responsible.


Presenter:Bruce Hill
Speaker: Dr Stephen Howes, the Australian National University