preview

The Potential Of Fiji 's Export Industry

Decent Essays

INTRODUCTION
Fiji is categorized as one of the five Pacific Island countries (PICs) with the others being Papua New Guinea, the Solomon Islands, Tonga and Vanuatu. After attaining her independence, Fiji concentrated on her agricultural sector, specifically, sugar cane production and exportation. At the same time, the successive governments adopted an import substitution policy but later on, after the IMF intervention, she pursued an export led economic growth policy (Gani & Prasad, 2007). She started diversifying her export basket to not only include agricultural products such as sugar cane but other products such as gold. Gradually, the service industry overtook the traditional export industry, to become the highest export earner for Fiji (Narayan, 2000). This industry was consisted mainly of tourist arrivals.
In this report, Fiji’s export industry is covered comprehensively and within the limited resources available at the time of writing. The core goal of the report is determining the potential of Fiji’s Export industry. In particular, the agricultural and services industry is reviewed. Linear programming model of total return from aggregate exports is used. This is done with the core aim of finding out what is limiting the growth of Fiji’s export industry and the best way to lessen the drastic changes in the export returns from year to year.
The aim of this report is to explore the returns and supply side constraints from a range of typical Fijian export, and also

Get Access