Pacific Economic Monitor – August 2023

Download or read book Pacific Economic Monitor – August 2023 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2023-08-01 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pacific economies are bouncing back as tourism recovers and infrastructure projects resume, but inflationary pressures and vulnerability to natural hazards remain downside risks. This edition of the Pacific Economic Monitor tracks the rebound of some tourism-dependent economies; explores new opportunities from agriculture, digitalization, and fisheries; and analyzes ways to mitigate fiscal risks and support sustainable economic growth. It highlights how policies can better support women entrepreneurs and how strengthening fiscal reserves can help countries recover more quickly from shocks.