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    Country Economic Review: Cook Islands

    Asian Development Bank | October 2000
    Abstract
    The Cook Islands’ real gross domestic product (GDP) grew by 4.5 percent per annum during 1982-1994, while the real GDP per capita growth rate was 3.6 percent. During 1995- 1998, as the population declined from 19,500 to 17,400 with the migration of Cook Islanders to New Zealand, real GDP declined at an average annual rate of 2.8 percent, and real GDP per capita stagnated. The recession largely reflected public service downsizing under the Economic Reform Program. In 1999, real GDP is estimated to grow by 2.7 percent as a result of a resurgence in tourism, growth in black pearl production, construction projects, and a recovery in commercial agricultural production.
    Citation
    Asian Development Bank. 2000. Country Economic Review: Cook Islands. © Asian Development Bank. http://hdl.handle.net/11540/6333.
    Keywords
    Development Economics
    Regional Economic Development
    Economic Impact
    Asian Development Bank
    Development
    Economies in transition
    Economic agreements
    Development indicators
    ADB
    Economic development
    Comparative economics
    Regional economics
    Economic development projects
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    Citable URI
    http://hdl.handle.net/11540/6333
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    Author
    Asian Development Bank
    Theme
    Economics
    Development
    Labor Migration
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise