Journal of Pacific Studies

JPacS



World class Management; the Answer for the Pacific (Abstract)

By: Jim O Hara

The 1987 World Bank Development Report compared the average levels of capita income in developed industrialised countries and in low income developing countries.

Commenting on this, Thirwall (1990) suggested that the average developing country would take 80 years to catch up with current living standards of the industrialised countries. The 1991 World Bank Development Repoprt indicates that the Pacific Island states will never catch up. Their GNP per capita has decreased in recent years. This is a result of low growth in GNP being outstripped by population increase.


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