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Library Solomon Islands Growth Prospects : Constraints and Policy Priorities - Discussion Note

Solomon Islands Growth Prospects : Constraints and Policy Priorities - Discussion Note

Solomon Islands Growth Prospects : Constraints and Policy Priorities - Discussion Note

Resource information

Date of publication
March 2012
Resource Language
ISBN / Resource ID
oai:openknowledge.worldbank.org:10986/2924

Economic growth in Solomon Islands since
the end of civil conflict in 2003 has been driven by rapid
expansion of the forestry sector and large increases in
international aid flows. Stocks of natural forest logs are
nearing exhaustion and, as the security situation improves,
aid flows are likely to flatten off. The Solomon Islands
Government asked the World Bank to investigate future growth
prospects. This note summarizes the findings and presents a
strategic vision for future growth, equity and stability.
Efforts have been made to align this work with the policy
commitments of the new government. Once these findings and
proposals have been considered by the new Government, along
with donor partners, specific aspects of these proposals
could be further elaborated in subsequent work.

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