Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should: comprehend the role of the financial sector within the economies of the South Pacific island countries; appreciate the operational and regulatory aspects of specific types of financial institution; comprehend the role of Australian and other foreign institutions within the region.
Synopsis Development of the financial sector of specific Pacific islands countries (including Fiji, Papua New Guinea, Solomon Islands, Tonga Vanuatu, and Western Samoa); the impact of differing economic, legal, regulatory and taxation factors on these developments; the role and operations of banks and other financial institutions in each country; prospects for further financial development; the role of international aid agencies, and Australian and foreign banks with the region.
Assessment Research paper (5000-6000 words): 40% + Examination (3 hours): 60%