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COVID-19 means economic distress for Pacific Islands

Content type:: Expert Briefings
Location:: PACIFIC ISLANDS
Keywords associated with this article:: Geographic: Pacific AP American Samoa Australia China Cook Islands Fiji French Polynesia Guam Indonesia Kiribati Marshall Islands Micronesia Nauru New Caledonia New Zealand Papua New Guinea Solomon Islands Tonga Vanuatu Western Samoa PACIFIC ISLANDS

Topical: politics agriculture fishing food foreign policy foreign trade health remittances tourism economy industry social
ISSN:: 2633-304X
Citation:: Oxford Analytica (2020), "COVID-19 means economic distress for Pacific Islands", Expert Briefings.
https://doi.org/10.1108/OXAN-DB251754

Thursday, April 2, 2020

Significance

However, containment measures will cause social tensions and devastate tourism and fishing, their two key income sources.

Impacts

Unemployment will rise as businesses are forced to close, sharply reducing incomes.
If containment measures fail and external capacity is unavailable, a higher death toll can be expected.
China, rivalling Australia and New Zealand for Pacific influence, may fill any aid gaps Canberra and Wellington do not fill.

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